The choice between consumption and saving GDP expenditure shares - PowerPoint PPT Presentation

Jan 06, 2024 •357 likes •406 views

The choice between consumption and saving GDP expenditure shares Appendix to chap 3 on physical capital Review: GDP by expenditure shares Y=C+I+G+NX C: expenditures on consumer goods and services. Durable goods: appliances, furniture,

The choice between consumption and saving GDP expenditure shares Appendix to chap 3 on physical capital
Review: GDP by expenditure shares Y=C+I+G+NX  C: expenditures on consumer goods and services.  Durable goods: appliances, furniture, car, TV  Nondurable goods: food, fuel  Services: haircuts, hotel, cinema  I: Investments (by firms and households)  Non-residential (business fixed investment): equipment (machines, trucks, computers), structures (buildings)  Residential: housing  Inventory: stored goods
GDP by expenditure shares  G: government purchases  Gvt consumption: service provision in health care, education, police, army, salaries to civil servants  Gvt investment: hospital buildings, computers, roads, bridges  NB Does not include transfers.  NX: Exports minus imports (later chapter)
GDP expenditure shares Canada 2010  C 57.9%  G 25.9  Durables 6.9  Consumption 21.8  Semi-durables 4.4  Investment 4.1  Nondurables 13.9  NX -1.9  Services 32.7  Exports 29.4  I 18.1  Imports -31.3  Non-residential 11.0  Residential 6.9  Change in inventories 0.1

Download Presentation

Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend

The choice between consumption and saving A theory of intertemporal choice February 1, 2018

The choice between consumption and saving A theory of intertemporal choice February 1, 2018 Contents 1 Introduction 1 2 The Theory of Intertemporal Choice 1 2.1 Assumptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2.2

264 views • 9 slides

Intertemporal Choice and Saving David Laibson Summer Institute on Behavioral Economics July,

Intertemporal Choice and Saving David Laibson Summer Institute on Behavioral Economics July, 2002 Outline: Psychology of Saving 1. Suggestive evidence for: i. Bounded rationality. ii.Bounded self-control. iii.Excessive (unbounded?)

1.3k views • 31 slides

A Survey of Power-Saving T echniques for Storage Systems An-I Andy Wang Florida State

A Survey of Power-Saving T echniques for Storage Systems An-I Andy Wang Florida State University May 3-4 1 Why Care about the Energy Consumption of Storage? Relevant for mobile devices 8% for laptops Energy consumption of disk

1.26k views • 94 slides

Convex duality and intertemporal consumption choice Peter Bank and joint work with Helena

Convex duality and intertemporal consumption choice Peter Bank and joint work with Helena Kauppila, Ph.D. 2009 at Columbia University AnStAp10 Conference in Honor of W. Schachermayer Vienna, July 1216, 2010 Utility maximization How to

385 views • 26 slides

A problem of portfolio/consumption choice in a liquidity risk model with random trading times en

A problem of portfolio/consumption choice in a liquidity risk model with random trading times en PHAM Huy Special Semester on Stochastics with Emphasis on Finance, Kick-off workshop, Linz, September 8-12, 2008 University Paris 7 and

603 views • 39 slides

REDUCING GRID ENERGY CONSUMPTION THROUGH CHOICE OF RESOURCE ALLOCATION METHOD Timothy M. Lynar

REDUCING GRID ENERGY CONSUMPTION THROUGH CHOICE OF RESOURCE ALLOCATION METHOD Timothy M. Lynar Ric D. Herbert Simon William J. Chivers School of Design, Communication, and Information Technology The University of Newcastle Ourimbah, NSW,

471 views • 32 slides

Saving Data in iOS Saving Data with NSString and NSData Saving on iOS Every iOS app is its own

Saving Data in iOS Saving Data with NSString and NSData Saving on iOS Every iOS app is its own island Each app contains its own directory structure. Apps are prohibited from accessing or creating fi les in directories outside of

389 views • 11 slides

Consumption and Health in Old Age I. Choini` ere-Cr` evecoeur (UQAM), P-C Michaud (UQAM) M.

Consumption and Health in Old Age I. Choini` ere-Cr` evecoeur (UQAM), P-C Michaud (UQAM) M. Hurd (RAND) and S. Rohwedder (RAND) June 4, 2016 Motivation Key specification choice in many models: How consumption and health enter the utility

632 views • 35 slides

From Saving the Princess to From Saving the Princess to Saving the Cow Saving the Cow Content

From Saving the Princess to From Saving the Princess to Saving the Cow Saving the Cow Content Lessons from MMOs to Facebook Games Content Lessons from MMOs to Facebook Games Anne Toole The Write Toole Writer/Narrative Designer Who am I?

1.52k views • 39 slides

II.V. Consumption text, Ch 17 20 Objectives : Understand factors affecting consumption

II.V. Consumption text, Ch 17 20 Objectives : Understand factors affecting consumption Understand the role of consumption in the Great Recession and its aftermath I. Keynesian consumption function Keynes (1936): consumers spend a

257 views • 7 slides

ECO 317 Economics of Uncertainty Fall Term 2009 Notes for lectures 7. Consumption and

ECO 317 Economics of Uncertainty Fall Term 2009 Notes for lectures 7. Consumption and Saving The Basic Two-Period Model Here we consider a risk-averse expected utility maximizer who has a two-period time- horizon, labeled Period 1 (this

677 views • 4 slides

Energy/Frequency Convexity Rule of Energy Consumption for Programs Karel De Vogeleer Pierre

Thermal behavior and Energy/Frequency Convexity Rule of Energy Consumption for Programs Karel De Vogeleer Pierre Jouvelot Grard Memmi Institut Mines-Tlcom Motivations for focussing on mobile computing It is NOT the energy saving

404 views • 21 slides

Elastic Tree: Saving Energy in Data Center Networks Brandon Heller, David Underhill, Srinivasan

Elastic Tree: Saving Energy in Data Center Networks Brandon Heller, David Underhill, Srinivasan Seetharaman, Nick McKeown Presented By:- Aditya Kumar Mishra 1 Introduction Currently, most efforts focused at optimizing energy consumption

1.01k views • 42 slides

Window Options Keeping cool in summer, warm in winter, comfortable all the time,... and saving

Window Options Keeping cool in summer, warm in winter, comfortable all the time,... and saving energy too Ross McCluney, Ph.D., Prinicipal Research Scientist Florida Solar Energy Center ! Many factors affect the design and choice of windows for

775 views • 53 slides

Investment vs. Saving How is investing different from saving? Investing means putting money

Investment vs. Saving How is investing different from saving? Investing means putting money to work to earn a rate of return, while saving means put the money in a home safe, or a safe deposit box. Investments usually have a higher

444 views • 6 slides

CS378 - Mobile Computing Persistence Saving State We have already seen saving app state into

CS378 - Mobile Computing Persistence Saving State We have already seen saving app state into a Bundle on orientation changes or when an app is killed to reclaim resources but may be recreated later 2 Storing Data Multiple options for

668 views • 29 slides

Home Credit Presentation of 2016 results 1 March 2017 Disclaimer This presentation has been

Home Credit Presentation of 2016 results 1 March 2017 Disclaimer This presentation has been prepared solely for informational purposes and shall not be considered as an offer to sell or the solicitation of an offer to buy, subscribe for or

679 views • 28 slides

SENTIMENT ANALYSIS CS 498 | Mar 6 Macbeth, Scene 1, Act 2 from Wordle my Citeulike page Brad

SENTIMENT ANALYSIS CS 498 | Mar 6 Macbeth, Scene 1, Act 2 from Wordle my Citeulike page Brad Paleys TextArc. Fernanda Vigass Themail. Martin Wattenbergs recent Word Tree visualization, showing Alberto Gonzaless testimony.

627 views • 25 slides

APCD Consumer- Oriented Use Cases NAHDO CONFERENCE OCTOBER 28, 2015 Consumers as the true

APCD Consumer- Oriented Use Cases NAHDO CONFERENCE OCTOBER 28, 2015 Consumers as the true north The Commission's vision for Maryland is to ensure that informed consumers hold the health care system accountable and have access to

178 views • 5 slides

COLLABORATIVE UTILITY CITY INNOVATIONS FOR A

COLLABORATIVE UTILITY CITY INNOVATIONS FOR A DISTRIBUTED ENERGY FUTURE Introduc*on Jennifer James Smart City Solu*ons, Black

413 views • 6 slides

Liege University: Francqui Chair 2011-2012 Lecture 5: Algorithmic models of human behavior Yurii

Liege University: Francqui Chair 2011-2012 Lecture 5: Algorithmic models of human behavior Yurii Nesterov, CORE/INMA (UCL) March 23, 2012 Yu. Nesterov () Algorithmic models of human behavior 1/31 March 23, 2012 1 / 31 Main problem with the

835 views • 31 slides

1 last time arrays versus pointers left shift arithmetic and logical left/right shift

1 last time arrays versus pointers left shift arithmetic and logical left/right shift versus multiply/divide by power of two bitwise and/or/xor 2 topics today some other C details interlude: using the command line then, doing

1.38k views • 118 slides

Pseudonyms in Cost Sharing Paolo Penna Riccardo Silvestri Peter Widmayer Florian

Pseudonyms in Cost Sharing Paolo Penna Riccardo Silvestri Peter Widmayer Florian Schoppmann Pseudonyms What makes mechanisms immune to fake identities ? fschopp@stanford.edu fschopp@uni-paderborn.de 1 Pseudonyms What

427 views • 29 slides

Television Beyond Frontiers: reflections on public service broadcasting in a digital Europe

Department of Media and Communications public lecture Television Beyond Frontiers: reflections on public service broadcasting in a digital Europe Professor Caroline Pauwels Head of the Institute for Broadband Technologies/Studies on Media,

488 views • 21 slides