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Economists in sentence

2720 examples of Economists in a sentence

China’s Slow-Growth OpportunityBEIJING – After four disappointing years, Chinese economists have realized that slowing GDP growth – from a post-crisis peak of 12.8% in 2010 to about 7% today – is mainly structural, rather than cyclical.
Economists’ models are a kind of ideology: they simplify the world, emphasize certain causal links and minimize others, and allow us to get a sense of who is doing what to whom.
Economists around the world have taken note of the arrival of Raghuram Rajan as chief economist in the finance ministry.
Economists’ inability to model such rapid, radical change should not be taken as a condemnation of the discipline; it is simply a reflection of the state of our knowledge, and of the fact that the economy is really, really complicated.
This points to a possible solution: the US should restructure the NATO collective-defense commitment so that it is self-policing – what economists call “incentive-compatible.”
For two hundred years, economists used simple economic models that assumed that information was perfect - i.e. that all participants have equal and transparent knowledge of the relevant factors.
This contributes to frictions between these institutions and countries they advise: many bright, young economists working for developing country governments base their analyses on a deeper understanding of the market economy than that provided by the old ideology and the simplistic models guiding some of the international bureaucrats.
The remarkable leaders of the independence generation – such as Ghana’s Kwame Nkrumah and Kenya’s Jomo Kenyatta – received advice from the world’s top economists.
In a 2004 paper, the economists Andrew Atkeson and Patrick Kehoe concluded that most of the evidence of a relationship comes from just one case: the Great Depression of the 1930s.
Mainstream economics is founded on the assumption that human beings are motivated by exogenously given preferences – what economists call “utility functions.”
Even China’s supersonic growth is beginning to slow; some economists, including Larry Summers, are predicting that it could grind suddenly to a halt.
Whatever the definition, what has concerned many economists and gained policymakers’ attention is that the size distribution of firms in developing countries has a long tail.
Economists and policymakers have disregarded the physical aspects of urban life.
In a recent book, the economists Erik Brynjolfsson and Andrew McAfee describe these recent advances as examples of the beginning of what they call “the second machine age.”
According to research by the economists Loukas Karabarbounis and Brent Neiman, half of this decline is the result of cheaper information technology, which has enabled firms to replace workers with computers.
Even with the spread of democratic elections, the region’s leaders tend to come from the ranks of soldiers (Uganda, Rwanda, Zimbabwe), family dynasties (Togo, Kenya, etc), or university professors, lawyers, and economists (Ghana, Malawi, Liberia).
Independent economists are surely right that it will not deliver the growth boost that the coalition has promised.
Most economists concur that Europe is not an “optimal currency area,” in which the various regions in EMU will share the same needs of monetary policy.
These figures were calculated by economists Chris Green and Isabel Galiana of McGill University.
Health and development experts, economists, non-governmental organizations, United Nations agencies, and banks agree that the key to unlocking Africa’s potential lies in expanding women’s education, freedom, and job opportunities.
BERKELEY – Probably the question most frequently asked of international economists these days is: “Are we seeing the start of a trade war?”
But, though the Fund’s economists may be at risk of forecasting ten of the next three crises, it would be unwise to dismiss their concerns entirely on the basis of past errors.
Most economists favor finding ways to broaden the tax base – for example, by eliminating special deductions and privileges – in order to keep marginal tax rates low.
As the economists Maurice Obstfeld and Galina Hale recently noted, German and French banks earned large profits intermediating flows between Asian savers and Europe’s periphery.
It is probably no coincidence that three days after the new Italian government revealed its economic plan – which, if implemented, will blow up the eurozone – 154 German economists published a manifesto strongly opposing any substantial eurozone reform.
As the German economist Marcel Fratzscher recently tweeted, “The unbearable cynicism of some German politicians and economists: they attack ECB policy, yet Germany’s government is its biggest beneficiary – €294 billion in interest savings since 2007.
The collapse of world oil and gas prices has wounded Russia’s budget, and lack of investment in the country’s energy sector over the years is now causing the declining production that economists have long predicted.
Economists have produced new arguments showing why good economic performance is not only compatible with distributive fairness, but may even demand it.
Early this year, economists at the International Monetary Fund produced empirical results that seemed to upend the old consensus.
But the decline in the pay differential between skilled and unskilled workers – what economists call the “skill premium” – has also played an important role.
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