scholarly journals Economic Power Comparison between United States and China in the Context of Covid-19 Pandemic: Based on Statistical Methods

2021 ◽  
Vol 233 ◽  
pp. 01163
Author(s):  
Yutong Yang
Keyword(s):  
United States ◽  
Interest Rate ◽  
Production Capacity ◽  
The United States ◽  
Consumer Products ◽  
Power Comparison ◽  
Us Economy ◽  
Industrial Chain ◽  
Difficult Time ◽  
The Interest Rate

Generally speaking, economic crises are caused by insufficient demand, while the economic crisis that may be caused by the Covid-19 epidemic started with insufficient supply. In the case of insufficient demand, countries often use a series of monetary policies to release liquidity, such as interest rate cuts, RRR cuts. However, the interest rate cut this time may not work well. This is because the interest rate cut can increase the liquidity of the market.While controlling the epidemic, we should promptly resume work and production, and produce a variety of commodities that meet consumer demand. During this period of time, the main strategy is not monetary policy. Instead, appropriate fiscal policies should be used to reduce the burden on enterprises so that they can survive this difficult time without dying before they start their careers. Only companies that can survive the epidemic are good companies that have combat effectiveness and can continue to conquer the market after the epidemic is over.Therefore, in the face of the Covid-19 epidemic, the competition between China and the United States should not be a zero-sum game because the United States is the final consumer of a large number of products produced by China, and the United States is still the world’s leader. If the US economy declines, it will definitely affect global economic development. When necessary, we also need to support the production of high-end consumer products in the United States and allocate a portion of the production capacity for them. Only when the two sides have healthy competition can the industrial chain of both sides be upgraded together.

scholarly journals The Interest Rate Sensitivity of Investment

2019 ◽  
Vol 52 (2) ◽  
pp. 173-190
Author(s):  
Guido Baldi ◽  
Alexander Lange
Keyword(s):  
United States ◽  
Interest Rate ◽  
Rate Sensitivity ◽  
The United States ◽  
Jel Classification ◽  
Short Term ◽  
Vector Autoregressive ◽  
The Interest Rate ◽  
European Economies ◽  
Interest Rate Shock

Abstract The interest rate sensitivity of investment has often played an important role in macroeconomic models. However, many vector autoregressive (VAR) models do not include investment to the list of variables. In this paper, we empirically investigate the size and the evolution of the interest rate sensitivity of investment for the United States and the four largest European economies in the last few decades. We use a VAR model with four variables at quarterly frequency: real investment, real gross domestic product (GDP), inflation, and a measure of the short-term interest rate. In our VAR, the structural interest rate shock is identified under the assumption that macroeconomic quantities and inflation react to interest rate innovations with a lag. We test the appropriateness of this specification by comparing our approach with the identification of shocks derived from the changes in volatility approach. For the countries under consideration, we determine a date during either the 1980s or the 1990s where the interest rate sensitivity of investment began to decrease and became less responsive to monetary policy. In addition, we find that the interest rate sensitivity of investment has been higher in the United States than in Europe, particularly in the first subperiod. Zusammenfassung Die Zinssensitivität der Investitionen spielt oft eine große Rolle in theoretischen makroökonomischen Modellen. In dieser Studie untersuchen wir empirisch die Höhe und die zeitliche Änderung der Zinssensitivität der Investitionen für die Vereinigten Staaten und die vier größten europäischen Volkswirtschaften. Wir verwenden ein VAR-Modell mit vier Variablen: reale Investitionen, reales Bruttoinlandsprodukt, Inflation und kurzfristige Zinsen. In unserem VAR identifizieren wir den strukturellen Schock unter der Annahme, dass die realen makroökonomischen Variablen verzögert auf einen Zinsschock reagieren. Wir testen die Angemessenheit dieser Spezifikation, indem wir unsere Vorgehensweise mit der Identifikation durch den “changes in volatility approach” vergleichen. Wir finden heraus, dass entweder in den 1980er oder frühen 1990er Jahren ein Strukturbruch stattgefunden und sich die Zinssensitivität der Investitionen verringert hat. Interessanterweise zeigen unsere Resultate zudem, dass die Zinssensitivität der Investitionen in den Vereinigten Staaten höher gewesen ist als in den untersuchten europäischen Ländern – insbesondere bis in die 1980er Jahre. JEL Classification: E22, E43, E52

Rethinking U.S. National Security after Covid19

2020 ◽  
Vol 26 (3) ◽  
Author(s):  
Linda J. Bilmes
Keyword(s):  
Climate Change ◽  
United States ◽  
National Security ◽  
The United States ◽  
Emerging Diseases ◽  
Defense Spending ◽  
Federal Spending ◽  
Us Economy ◽  
The Us ◽  
The Military

AbstractThe United States has traditionally defined national security in the context of military threats and addressed them through military spending. This article considers whether the United States will rethink this mindset following the disruption of the Covid19 pandemic, during which a non-military actor has inflicted widespread harm. The author argues that the US will not redefine national security explicitly due to the importance of the military in the US economy and the bipartisan trend toward growing the military budget since 2001. However, the pandemic has opened the floodgates with respect to federal spending. This shift will enable the next administration to allocate greater resources to non-military threats such as climate change and emerging diseases, even as it continues to increase defense spending to address traditionally defined military threats such as hypersonics and cyberterrorism.

Trends in Federally Mandated Warning Labels for Consumer Products

2001 ◽  
Vol 45 (11) ◽  
pp. 838-842 ◽  
Author(s):  
Frederick J. Diedrich ◽  
Christine T. Wood ◽  
Thomas J. Ayres
Keyword(s):  
United States ◽  
Safety Information ◽  
The United States ◽  
Consumer Products ◽  
Early Years ◽  
Warning Labels ◽  
Labeling Requirements ◽  
Hazard Warning

Consumer products currently sold in the United States often come with extensive safety information, but the presentation of large amounts of such material was not always the case. We reviewed federally mandated hazard labeling as it evolved during the 20th century by documenting changes in labeling requirements for home-use products prescribed by federal statutes. Our review indicated that during the course of the 20th century, there was a dramatic change in the presence, prevalence and specificity of hazard warning requirements. In the early years, Congress concentrated on truth in labeling of contents and quality. This labeling identified hazardous agents in some products. However, as the century progressed, Congress gradually added requirements that could include descriptions of the mechanisms, consequences, and means for avoidance of such hazards. Moreover, the 1960's and especially the 1970's brought a dramatic expansion in the number and types of products required to bear hazard labels.

Urban electric railway management and operation in Britain and America 1900–14

Urban History ◽  
1989 ◽  
Vol 16 ◽  
pp. 22-37 ◽  
Author(s):  
M. D. Reilly
Keyword(s):  
United States ◽  
Capital Market ◽  
The United States ◽  
Comparative Performance ◽  
Transit System ◽  
Investment Projects ◽  
Industrial Sectors ◽  
Difficult Time ◽  
New Type ◽  
The Capital Market

The debate about the comparative performance of the British and American economies around the turn of the century has involved most industrial sectors. In the case of the railways, the argument goes back at least to 1887, when a critical analysis of English railway operations compared to those of the United States was published. For British railway companies, the years after 1900 were a particularly difficult time especially in the capital market, and many new investment projects were abandoned, although not solely because of adverse conditions in the capital market. A substantial number of these projects were probably of a marginal nature but the eighteen-year period between 1890 and 1908 also saw the development of a new type of railway – the urban rapid transit system. This was in response to two very different factors – the continuing growth of cities and the application of electric power in a form suitable for railway use. The spread of these systems in Britain paralleled their expansion in the United States.

scholarly journals INTERVENSI KEBIJAKAN MONETER TERHADAP INVESTASI PORTOFOLIO: KASUS INDONESIA DAN AMERIKA SERIKAT

2020 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Nanda Alfarina ◽  
Hasdi Aimon
Keyword(s):  
United States ◽  
Interest Rate ◽  
Secondary Data ◽  
The United States ◽  
Portfolio Investment ◽  
Mechanism Analysis ◽  
Long Run ◽  
Negative Effect ◽  
The Difference ◽  
Effect Of Monetary Policy

This study aims to determine the effect of monetary policy measured by the central bank’s policy rate (X1) on portfolio investment (Y) in Indonesia and United States in the long run. The data used are secondary data seouced from SEKI BI, FRED The FEd, coinmarketcap.com, and investing.com, with the VECM (Vector Error Correction Mechanism) analysis methode. The study show The study shows the differences between the results that occur in Indonesia and the United States. The policy interest rate has a significant positive effect on portfolio investment in the long run in Indonesia, while in the United States the interest rate in the long run has a significant negative effect on portfolio investment. The difference in research results between the two countries shows the need for different treatment for monetary authorities in encouraging portfolio investment 

Sign in / Sign up

Export Citation Format

Share Document