The Ricardian equivalence proposition is an economic hypothesis holding that consumers are forward-looking and so internalize the government's budget constraint when making their consumption decisions. This leads to the result that, for a given pattern of government spending, the method of financing such spending does not affect agents' consumption decisions, and thus, it does not change aggregate demand.
In macroeconomics and finance, a transfer payment is a redistribution of income and wealth by means of the government making a payment, without goods or services being received in return. These payments are considered to be non-exhaustive because they do not directly absorb resources or create output. Examples of transfer payments include welfare, financial aid, social security, and government subsidies for certain businesses.
The treasurerof Australia, also known as the Federaltreasurer or simply the treasurer, is the minister of state of the Commonwealth of Australia charged with overseeing government revenue collection, federal expenditure and economic policy as the head of the Department of the Treasury. The current treasurer is Jim Chalmers, who was selected by Prime Minister Anthony Albanese in May 2022 following the 2022 Australian federal election.
In corporate finance, capital structure refers to the mix of various forms of external funds, known as capital, used to finance a business. It consists of shareholders' equity, debt, and preferred stock, and is detailed in the company's balance sheet. The larger the debt component is in relation to the other sources of capital, the greater financial leverage the firm is said to have. Too much debt can increase the risk of the company and reduce its financial flexibility, which at some point creates concern among investors and results in a greater cost of capital. Company management is responsible for establishing a capital structure for the corporation that makes optimal use of financial leverage and holds the cost of capital as low as possible.
Hugh Gardner Ackley was an American economist and diplomat.
John Brian Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University, and the George P. Shultz Senior Fellow in Economics at Stanford University's Hoover Institution.
Articles in economics journals are usually classified according to JEL classification codes, which derive from the Journal of Economic Literature. The JEL is published quarterly by the American Economic Association (AEA) and contains survey articles and information on recently published books and dissertations. The AEA maintains EconLit, a searchable data base of citations for articles, books, reviews, dissertations, and working papers classified by JEL codes for the years from 1969. A recent addition to EconLit is indexing of economics journal articles from 1886 to 1968 parallel to the print series Index of Economic Articles.
Lars Peter Hansen is an American economist. He is the David Rockefeller Distinguished Service Professor in Economics, Statistics, and the Booth School of Business, at the University of Chicago and a 2013 recipient of the Nobel Memorial Prize in Economics.
Mihir Rakshit is an Indian economist, known for his work on fiscal, monetary and other policy, especially issues that concern developing economies. Originally from Chittagong, which is now in Bangladesh, he did his graduation from Presidency College, Calcutta, post-graduation from the University of Calcutta and his PhD from London School of Economics. He taught at the departments of Economics of The University of Calcutta, The University of Burdwan, Presidency College Calcutta, and Indian Statistical Institute Calcutta, as faculty. He also taught at Delhi School of Economics and Erasmus University Rotterdam, as visiting faculty. He served the Reserve Bank of India for two terms as a member of its Central Board of Directors. He was director of the open access quarterly journal Money and Finance published by ICRA Limited from 1997 to July 2016.
Beatrice Weder di Mauro is a Swiss economist who is currently Professor of economics at the Graduate Institute of International and Development Studies in Geneva, Research Professor and Distinguished Fellow-in-residence at the Emerging Markets Institute of INSEAD Singapore, and senior fellow at the Asian Bureau of Finance and Economic Research (ABFER). Since 2018, she also serves as President of the Centre for Economic Policy Research (CEPR).
Crawford School of Public Policy is a research-intensive policy school within the ANU College of Asia and the Pacific at The Australian National University which focuses on Australia and the Asia-Pacific region. The school was named after Sir John Crawford, and its current director is Professor Helen Sullivan.
The American Economic Journal is a group of four peer-reviewed academic journals published by the American Economic Association. The names of the individual journals consist of the prefix American Economic Journal with a descriptor of the field attached. The four field journals which started in 2009 are Applied Economics, Economic Policy, Macroeconomics, and Microeconomics.
Basil John Moore was a Canadian post-Keynesian economist, best known for developing and promoting endogenous money theory, particularly the proposition that the money supply curve is horizontal, rather than upward sloping, a proposition known as horizontalism. He was the most vocal proponent of this theory, and is considered a central figure in post Keynesian economics
Richard Andreas Werner is a German banking and development economist who is a university professor at University of Winchester.
Sugata Marjit is the former Vice Chancellor of the University of Calcutta and currently the First Distinguished Professor at Indian Institute of Foreign Trade and the Project Director of Centre for Training & Research in Public Finance and Policy (CTRPFP) [A Ministry of Finance, Government of India funded initiative]. He is a Ph.D. at the University of Rochester and currently the Editor of South Asian Journal of Macroeconomics and Public Finance. He used to be the Director of Centre for Studies in Social Sciences, Calcutta from March 2007 to March 2012 and Reserve Bank of India Chair Professor of Industrial Economics at CSSSC till September, 2019. On 15 July 2015 he took the charge as an interim Vice-Chancellor of the prestigious University of Calcutta, Kolkata, India.
Colm Kearney (1954–2018) was an Irish economist and academic, who was dean of the Faculty of Business and Economics at Monash University, Melbourne, Australia, until 2017, shortly before his death on 28 March 2018.
Muhammad Chatib "Dede" Basri is an Indonesian economist who served as Minister of Finance in the Second United Indonesia Cabinet between 21 May 2013 and 20 October 2014 during the presidency of Susilo Bambang Yudhoyono. Before he was appointed Minister of Finance he was the head of the Indonesian Investment Coordinating Board.
Consensus Economics is a global macroeconomic survey firm that polls more than 700 economists monthly for their forecasts for over 2000 macroeconomic indicators in 115 countries. The company is headquartered in London, United Kingdom.
Raghbendra Jha was an Indian economist and an academic who was a professor emeritus in the Arndt-Corden Department of Economics at the Crawford School of Public Policy at Australian National University. Jha's research focused on public economics, macroeconomics, development economics, and the economy of India. He has authored and edited numerous books, including Macroeconomics for Developing Countries, Modern Public Economics, Facets of India’s Economy and Her Society, Environmental Sustainability: A Consumption Approach, and Macroeconomics for Development: Prognosis and Prospects and several others.
