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Aggregate in sentence

821 examples of Aggregate in a sentence

A key problem holding back the global economy today is deficient aggregate demand.
Thus, there is a global slackening of aggregate demand relative to the glut of supply capacity, which will impede a robust global economic recovery.
Stephen Roach has suggested that in the post-crisis global economy “relapse is the rule”; economist Brad DeLong, speaking of the “consequences of our lesser depression,” argues that the pretense of a eurozone recovery has collapsed; and European Central Bank President Mario Draghi has acknowledged the need not only for structural reform, but also fiscal expansion to boost aggregate demand.
As a result, the desire to save will not add to aggregate saving to start new businesses, construct and sell new buildings, and so forth.
We can see, touch, and feel how a financial-deleveraging cycle depresses aggregate demand.
Moreover, with fiscal austerity likely to restrain aggregate demand in the years ahead, and with capital-short banks likely to curtail lending – a serious problem for Europe’s bank-centric system of credit intermediation – a pan-European recession seems inevitable.
It also means getting the balance between domestic and external demand right, and appreciating the sensitivity of medium- and long-term growth to the composition (and size) of domestic aggregate demand.
An undervalued currency also tends to produce an unbalanced growth model of the opposite kind: an outsize tradable sector and insufficient domestic aggregate demand.
In fact, since 1970, aggregate labor compensation (wages plus fringe benefits) has grown only a little more slowly than aggregate profits have, and average wage growth at the bottom of the income scale has not slowed relative to the “middle class.”
It will also require reinvigorating aggregate demand by targeting fiscal policy to support the emerging economic sectors that will underpin the new growth model.
For example, reducing the size of the state-enterprise sector is necessary, yet would be certain to depress aggregate demand at a time when demand is already soft.
Economic historians, notably Michael A. Bernstein in his study of the Great Depression in the United States, have convincingly shown that an economy in transition requires strong aggregate demand to pull resources into new sectors.
Robust aggregate demand is always essential to successful transformation.
Against a background of automation and labor casualization, these firms’ monopoly profits boost inequality, fuel discontent, undermine aggregate demand for goods and services, and further destabilize capitalism.
Without higher aggregate demand, he argued, structural reform could be ineffective; and higher demand requires fiscal stimulus alongside expansionary monetary policy.
For the ECB and the Bank of Japan (BOJ), both of which are facing formidable downside risks to their economies and aggregate price levels, this is hardly an idle question.
Therefore, any policy that increases aggregate income must be good for society, because it can make some people richer without leaving anyone worse off.
The continent’s aggregate growth, at 4.5%, is expected to lag behind the world average of 5% in 2007, but only because the largest countries, Mexico and Brazil, are growing more slowly.
As krill tend to aggregate in concentrated swarms, they are easy to catch and have become particularly attractive to large-scale commercial interests.
For decades, Friedman remained stranded in the intellectual wilderness, spurning the postwar Keynesian consensus that governments should use fiscal policy to manage aggregate demand – a view that sustained statist economic policies through the 1970’s.
Raising interest rates can reduce aggregate demand, which can slow the economy and tame increases in prices of some goods and services, especially non-traded goods and services.
First, it is important to acknowledge that weak aggregate demand and anemic economic growth, not an acceleration in the labor-displacement rate, explains the slow jobs growth of the last decade.
Under the new deal, Puerto Rico’s annual debt payments would increase from $420 million in fiscal year 2019 to almost $1 billion in fiscal year 2041, implying an aggregate recovery rate of 75.5% of the amount owed.
In 1998, during the depths of the Asian crisis, aggregate output in the so-called ASEAN-5 – Indonesia, Malaysia, the Philippines, Thailand, and Vietnam – plunged by 8.3%.
And, even if the banks’ private depositors, whose claims are 39% of the aggregate balance sheet, were excluded, the debt-equity swap necessary to compensate for a loss of up to 100% of the equity would be less than 12% of the creditors’ investment volume.
Too little was done in the aftermath of the financial crisis a decade ago to stimulate aggregate demand.
A more equal income distribution operates to increase aggregate demand.
Capital-account surpluses, mirrored in current-account deficits, summed to about $3.3 trillion from 2010 to 2017, compared to an $8 trillion aggregate federal deficit.
So, the US banking system is effectively insolvent in the aggregate; most of the British banking system looks insolvent, too, as do many continental European banks.
This would be true even if the elasticity of substitution between K1 and aggregate effective labor were less than one.
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