Aggregate
in sentence
821 examples of Aggregate in a sentence
In the aggregate, however, they affect huge numbers of people.
Fortunately, China’s leaders recognize that, if the world remains mired in a balance-sheet recession, the lack of
aggregate
demand, by continuing to weaken trade, will drag down their own country’s growth.
Such factors contributed to the optimism of China’s stock-market bulls about early reform dividends, even as the bears recognized that the economy faced stronger-than-expected headwinds, including weak global
aggregate
demand, propped up in many economies by expansionary monetary policies.
If the crisis occurs in a systemically important economy – such as the US or Europe (emerging economies' two largest external markets) – the result is a global shortage of
aggregate
demand.
Properly targeted public investment can do much to boost economic performance, generating
aggregate
demand quickly, fueling productivity growth by improving human capital, encouraging technological innovation, and spurring private-sector investment by increasing returns.
But this requires Congress to support President Barack Obama’s administration in three areas: improving the composition and level of
aggregate
demand; enhancing the economy’s supply responsiveness; and removing residual debt overhangs that continue to inhibit economic activity.
In China, for example, this involves less reliance on exports and public investment, and more on the private components of domestic
aggregate
demand.
They have overstated the magnitude of
aggregate
gains from trade deals, though such gains have been relatively small since at least the 1990s.
The large hole (on the order of $700 billion or more) in global
aggregate
demand will have to be filled over time by a compensating increase in consumption in surplus economies, such as China and Japan.
But such measures may increase – and will be harder to phase out over time – in the context of a shortfall in
aggregate
demand.
Indeed, of the 20.2-percentage-point increase in
aggregate
household savings (as a share of GDP) in China from 1992 to 2009, the middle-aged cohort accounted for more than 60% (the remainder was largely attributable to the elderly).
In the US, which experienced a 1.8-percentage-point decline in
aggregate
savings as a share of GDP, the savings-to-GDP ratio among the young declined by 1.25 percentage points, whereas the figure for middle-aged savers actually increased by about 1.5 percentage points.
These favorable effects are directly relevant to balancing the primary adverse effects usually associated with a fiscal deficit: that government borrowing crowds out private capital formation; that higher interest payments generally require higher taxes or reductions in spending on defense and nondefense programs; that a budget deficit implies an unwanted increase in
aggregate
demand when the economy is at full employment; and that a higher debt ratio leaves less capacity for increased emergency government spending.
Likewise, concern that an increase in the fiscal deficit would undesirably stimulate
aggregate
demand is misplaced.
The need for reform is self-evident: with structural factors accounting for 75-80% of
aggregate
budget deficits for the euro area in recent years, the Pact’s 3%-of-GDP ceiling for national budget deficits has been breached repeatedly since 2002.
There is virtually no evidence that liberalizing labor markets will increase employment, unless the French economy receives a significant boost in
aggregate
demand as well.
We have designed the corporate-tax credit to maximize its positive impact on the economy: labor costs will fall immediately without depressing
aggregate
demand in 2013, because the spending cuts (€10 billion) and household tax increases that will fund the credit will begin only in 2014.
Because the old save less, lower
aggregate
savings in rich countries will crimp the relative abundance of capital available to poorer economies.
Searching the Internet gets you to places where you can book travel, buy music, find walking paths, and trade stocks, but these sites are generally not where users can aggregate, manage and analyze their own content and data.
Economics is a social science, and
aggregate
outcomes often reflect the effects of idiosyncratic behavior, attitudes, and events.
According to the Bank for International Settlements, German banks’ claims on other eurozone countries – including Austria, France, Ireland, Italy, the Netherlands, Portugal, and Spain – have fallen by over $200 billion, in aggregate, since the peak of the debt crisis in mid-2012.
This shift in the burden of adjustment would have imposed losses on the people who were responsible for the calamity, stimulated
aggregate
demand, and diminished the rising inequality that was demoralizing the vast majority of people.
These are policies that reduce inequality efficiently, at relatively low cost to
aggregate
income.
And with older households’ real income (and wealth) well above those levels,
aggregate
data do not capture how grim the situation has become for younger and middle-age households.
America’s jobs deficit is primarily the result of inadequate
aggregate
demand.
But the current fiscal deficit mainly reflects weak tax revenues, owing to slow growth and high unemployment, and temporary stimulus measures that are fading away at a time when
aggregate
demand remains weak and additional fiscal stimulus is warranted.
Indeed, developing and emerging economies’ rapid “catch-up growth” suggests that their
aggregate
economic weight is about to surpass that of the advanced world.
The Bank’s most important role in development today is as a “knowledge bank” that helps aggregate, distill, and disseminate best practices from around the world.
Reducing the proportion of high savers in the economy will tend to lower the
aggregate
saving rate.
The cumulative supply shortfall – the authors estimate that potential output is now 7% below the pre-2007 trajectory – may be larger than the current output shortfall attributable to the ongoing lack of
aggregate
demand.
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