| Papers [1-16] of 100 :: [Page 1 of 7] | | Go to page : 1 2 3 4 5 6 7 —> | Search results on "INFLATION TOTAL FACTOR PRODUCTIVITY": |
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Inflation and Total Factor Productivity, 2007.
A study on the relationship between inflation and total factor productivity (TFP) in Argentina and Mexico.
3,164 words (approx. 12.7 pages), 13 sources, MLA, AU$ 133.95
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Abstract
The paper discusses how when Argentina goes through a financial crisis the total factor productivity (TFP) drops. However when Mexico goes through a financial crisis, the TFP drops but not as drastically. The paper researches the major theories that help to explain why the TFP in Argentina drops, while it does not in Mexico when a similar set of circumstances is applied. The paper reviews available literature and looks at the capital utilization model and the neoclassical growth theory. The paper concludes that the research supports the thesis that TFP and inflation do not have a causal relationship, but that they do follow similar trends in relation to fiscal policies.
Outline:
Literature Review and Analysis
The Capital Utilization Model
Neoclassical Growth Theory
Probable Causes of Failure
Solutions to Reducing Inflation
Is Dollarization Really the Answer
From the Paper
"The Tequila Crisis in Mexico was one example where this exact effect was observed to have happened. As inflation rates rose, the opportunity cost of capital rose quickly as well. At the same time TFP drops below the trend (Quintin). Therefore Quentin and Edwin concluded that the TFP drop was due to a drop in capital utilization. When these authors applied this concept to models with homogeneous capital, using electricity as the key indicator or capital utilization, it accounted for almost 1/3 of Mexico's drop in TFP. When applying the measure with heterogeneous capital it tends to predict energy consumption more accurately (Quintin). This study concluded that unproductive capital remained unused. This left more resources to be devoted to more productive physical capital, according to Quintin."
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Total Quality and the Gerber Products Company, 2002.
A look at the success of the implementation of total quality in the Gerber Products Company.
1,462 words (approx. 5.8 pages), 7 sources, APA, AU$ 70.95
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Abstract
This paper examines the principles of total quality: ensuring that the product meets all specifications, that the product has no hidden dangers or disadvantages, and that the product meets and even surpasses consumers? expectations. It demonstrates how total quality has been a success story for the Gerber Products Company and how, by adhering to the principles of the total quality concept, Gerber has molded itself into a company that is at once responsive and proactive. Though a huge, multinational corporation (now a subdivision of another multinational), it shows how Gerber still manages to keep in touch with its customer base and to listen to its employees, both managers and hourly workers, and how it keeps up with the latest trends in health and science, carefully remembering that it is more than just a profit-making machine, but a vital part of the lives of millions and millions of parents around the world.
From the Paper
"Meeting these goals mean putting quality and the consumer first, before any considerations of profit, or corporate culture. All citizens of the corporate environment ? whether at Gerber or Ford or Seiko ? must accept the fact that they are a team, a team that works together to meet the needs of the marketplace, and to anticipate those needs. The successful company is ahead of trends and government regulations. It watches the latest developments in science and technology not only to ensure that it possesses the most up-to-date methods of production and organization, but even more importantly to guarantee that its product line is state-of-the-art. Back in the 1940s, Gerber executives noticed the increasing use of pesticides in agriculture and, knowing that parents want only the best and purest food for their children, they were quick to begin monitoring exactly which chemicals were finding their way in to Gerber products."
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The Objective of Central Banks: Inflation Control, 2002.
A discussion of the issues concerning inflation and inflation control as an objective of central banks.
3,150 words (approx. 12.6 pages), 8 sources, AU$ 168.95
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Abstract
This paper looks at the issue of inflation control as an objective of central banks. Viewing the British Commonwealth and Continental European models of 'zero inflation' in contrast with the moderate inflation policy of the US provides a case against zero inflation as a policy objective. A variety of issues that surround inflation; e.g., the inflation/unemployment relationship, etc, will be brought to the fore. In the final analysis, it is clear that efforts to eradicate inflation are misguided and more moderate inflation is preferable in an era where steady economic growth is desirable.
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Gasoline Prices and Inflation, 2006.
A review of the impact inflation has had on the price of gasoline, and visa versa.
1,125 words (approx. 4.5 pages), 5 sources, AU$ 64.95
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Abstract
This paper discusses how the core concern and primary factor related to the price of gasoline is the understanding of inflation adjustment and in compensating for inflation in determining the true cost of gasoline. While the general population prefers to recall or at least read about the relatively low cost of gasoline in the 1960s when the average cost of fuel was .30 cents a gallon, in inflation adjusted terms this would be equivalent to roughly $1.70 today (Gasoline). The paper explains that the price of gasoline, and certainly of gasoline related spikes in the average cost of goods, is a major contributor to inflation and yet, factoring for the effects of inflation across the economy, tends to reduce the real cost of fuel.
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Inflation and Deflation, 2007.
This paper explores the issue of price stability and the economic effects of inflation and deflation.
1,469 words (approx. 5.9 pages), 6 sources, MLA, AU$ 70.95
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Abstract
The paper explains that in the case of inflation, prices go up and the purchasing power goes down, whereas in the case of deflation, the prices go down and the purchasing power goes up. The paper examines the causes for inflation and deflation and their impact upon the production area of the economy. The paper defines three vital notions that help define the concepts of inflation and deflation: aggregate demand, short run aggregate supply and long run aggregate supply. The paper also looks at the policies of the Federal Reserve in preventing inflation and deflation from occurring.
Outline:
Executive Summary
Causes for Inflation and Deflation
Effects of Inflation and Deflation Damaging Economic Stability
AD, SRAS, LRAS
Policies of the Federal Reserve in Preventing Inflation and Deflation
From the Paper
"The general and global economic environment, contemporarily called macroeconomics, is currently faced with two major threats: inflation and unemployment. The concept of inflation denotes a complex socio-economic phenomenon with major impacts upon all participants in the social and economic life. Due to the immense complexity of inflation, specialists in macroeconomics argue with regard to a set definition of the phenomenon. However, inflation could be described as a general and long term imbalance materialized in a discrepancy between the money stock and the overall volume of the products and services on the market."
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Inflation, 2008.
An analysis of "Chairman Seeks Inflation Targets to Calm Markets" by Kevin Hall and "How Much is too Much? Fed Looks for its Comfort Zone in the Debate over Inflation" by Nell Henderson.
881 words (approx. 3.5 pages), 3 sources, MLA, AU$ 46.95
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Abstract
This paper analyzes two economics-related articles from the mainstream United States media from September to November 2006 - "Chairman Seeks Inflation Targets to Calm Markets" by Kevin Hall and "How Much is too Much? Fed Looks for its Comfort Zone in the Debate over Inflation" by Nell Henderson. The paper analyzes the complex dilemmas facing policymakers and economists in dealing with economic issues, such as inflation.
From the Paper
"This view of problems with indices measuring inflation is not unique to the United States, for Canadian policymakers have grappled with similar problems in effectively obtaining measures of inflation according to the various indices - such as the Consumer Price Index - that are used in Canada (Mankiw and Scarth 2005). Given these problems with measuring the rate of inflation accurately, we can understand why some of the commentators in Hall's article express unease about fixing a target rate and imposing changes in monetary policy that may actually - if inadvertently - lead to disinflation."
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The Effect of Labor Policies on Productivity, 2008.
A discussion on how US labor market polices have had a negative effect on employee productivity.
1,720 words (approx. 6.9 pages), 5 sources, MLA, AU$ 80.95
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Abstract
This paper examines how, for over 20 years, workers have been faced with the dilemma of lack of job security, which has led to decreased productivity. Another major change that has affected productivity is American corporations' shift of focus away from making employees feel secure and appreciated, or providing them with ample pension and health care benefits plus wage increases to outpace inflation. The paper points out that, instead, the new focus of American corporations emphasizes the fiduciary responsibility to the stockholder and maximizing profits. The paper also adds that advanced technology, requiring less people but more skilled workers, and government labor policies, which removed trade barriers making it easier for American companies to outsource labor and relocate to countries with low labor costs, have had an adverse effect on American worker productivity and the American middle class. The paper concludes that the corporate/business paradigm shift from employee to stockholder is the most significant factor leading to reduced employee productivity and the erosion of the American middle class.
Outline:
Introduction
Hypothesis
Background Research
Conclusion
From the Paper
"Lack of job security is not a problem new to 2007, or even 2000, but one that has been on the rise since 1972. American companies have downsized dramatically since the late 1970s.
"In the first downsizing wave, 12% of the out placed workers left the workforce completely, 17% remained unemployed after two years. Of those finding new employment, 31% took a wage reduction of 25% or more and 32% of worker's wages were reduced by one to twenty-five percent while only 37% found no wage loss. These figures translate to 63% of people finding replacement jobs that are inferior to what they held prior to being downsized."
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Inflation, 2005.
This technical economics paper discusses the characteristics, causes and control of economic inflation.
1,445 words (approx. 5.8 pages), 5 sources, MLA, AU$ 69.95
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Abstract
This paper explains that inflation is a sign of disequilibria in the economy, which is demonstrated on the included graph by the widening inflationary gap between the total demand and supply lines. The author points out (1) that soaring prices often are generated by the demands of employees for salary increases in particular areas of activity where productivity is not on an ascending slope and (2) that high inflation rates are often associated with important monetary supply increases. The paper summarizes that all measures used to correct inflation involve reducing economic activity in order to influence the general level of prices without affecting the economic activity. Phillips Curve included.
From the Paper
"Blocking prices is a direct method of fighting against inflation and consists in various measures designed to forbid price increases for particular goods and services, during a determined time period. Such a measure is a direct and quick action, compared to other measures, but long-term efficiency is low. The most important problem is that the economy has to "come out" of the price-blocking phase; consequently, important price rises make their appearance. The risk is higher if the period during which the measure is applied is longer than necessary. Freezing prices never caused the diminishing of inflation but impeded its development in an uncontrolled way."
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Diminishing Marginal Productivity for Eaton Corporation, 2005.
An overview and application of the law of diminishing marginal productivity to the Eaton Corporation.
1,559 words (approx. 6.2 pages), 9 sources, MLA, AU$ 75.95
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Abstract
The purpose of this paper is to discuss the relevance of the law of diminishing returns to a manufacturing facility and to analyze economic reasons behind Eaton Corporation's decisions to close plants, to lay off employees and to reduce company contributions to healthcare benefits in the context of productivity and cost.
Outline
Abstract
Productivity and Cost
The Law of Diminishing Marginal Productivity
Strategic Decisions Analysis
Production, Total Cost and Output
Conclusion
From the Paper
"The law of diminishing marginal productivity, one of the most famous laws of economics, goes back to the early Nineteenth Century. It was first formulated by the famous British economist, financier, and successful businessman David Ricardo. Ricardo established, "that as more and more resources are combined in production with a fixed resource-for example, as more labor and machinery are used on a fixed amount of land-the additions to output will diminish (David, 2005, para. 3)."
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The Increasing Impact Of Basic Tenets Of Financial Analysis On Hospital Productivity, 1997.
Examines the past productivity records of U.S. hospitals. Discusses the changing needs of the health care industry, the growth of prospective payment systems and the potential impact of enacting total quality management (TQM) procedures.
3,375 words (approx. 13.5 pages), 41 sources, AU$ 174.95
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From the Paper
"The Increasing Impact of Basic Tenets of Financial Analysis on Hospital Productivity
Introduction
Hospitals are in the midst of a period of profound economic crisis, a time when many health care institutions are earning less and their staffs and administrations are feeling insecure about their futures (Sherman, 1990; Clare, Sargent, Rhodes, & Thane, 1995; Cooper & Kaplan, 1991; Wyszewianski, Thomas, & Friedman 1987). As Bard suggests, "the American health care system is facing very critical times. We are closing in on annual expenditures of almost one trillion dollars a year. The system needs direction and effective change" (Bard, 1994, 398). And yet few managers and physicians feel they truly understand ..."
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Zero Inflation, 2002.
Analyzes the concept of zero inflation and its effects on a country's economy.
4,400 words (approx. 17.6 pages), 8 sources, AU$ 233.95
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Abstract
This paper will attempt to cast some clarity on the debate of zero inflation. This paper begins with an analysis of the consequences of low inflation on the conduct of monetary policy. This paper will answer the pressing question of whether or not workers and firms exhibit nominal inertia near to zero. This paper determines that a little inflation, perhaps 1 to 3 percent is a far more efficient policy choice than zero inflation. Such a moderate inflation target would allow real wages to decline where necessary without firms having to impose wage cuts or fire workers.
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The Dangers of Inflation, 2006.
A brief explanation of the cycles of inflation and how it affects nations.
2,012 words (approx. 8.0 pages), 6 sources, APA, AU$ 92.95
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Abstract
This paper presents a brief overview of the economic period of inflation. The paper discusses some of the terms used in reference to inflation, the causes of inflation, cycles in inflation and the various effects it can have on a nation.
From the Paper
"An economy whether it be a free enterprise one or a rigidly controlled one like the Chinese economy is in reality a dynamic business that operates in what are known as business cycles. These cycles represent the changes in the economy and since the Industrial Revolution the level of business activity in all countries veers from high to low taking the economy with it."
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The Relationship Between Government Policy and Productivity, 2002.
The paper looks at the effect government policy has on productivity and the direct relationship between the two.
1,921 words (approx. 7.7 pages), 7 sources, MLA, AU$ 89.95
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Abstract
The paper examines the way in which government policy relates to the productivity of a business. The paper analyzes the government's role in establishing and maintaining productivity. It also discusses the issues of common market, health and safety issues and technological advances, all integral methods of increasing productivity. The paper also looks at the ways productivity can be measured.
From the Paper
"Business managers also in turn recognize greater output when they adhere to the guidelines of government policy and move to encourage policies that favor increased R&D and technological advances. Business managers also realize increased personal and corporate wealth by taking into consideration the health and well being of their workers. Productivity can't continue without consideration of these two factors, business management and government policy. Each has a directly positive or negative impact on the other."
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The Role of Productivity in Economics, 1992.
This paper states that while productivity is critical to economic success, it is very difficult to clearly, universally and accurately define or measure. It also concludes that macroeconomic factors may play a major role in productivity.
2,250 words (approx. 9.0 pages), 4 sources, AU$ 115.95
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From the Paper
"Productivity is critical to economic success. It is comparable in importance as an economic factor to employment rates, prices, and gross national product. It is also a key element in economic competitiveness. As such, productivity must be taken into account in assessing the health and prospects of any nation's economy. Nobel Prize-winning economist Milton Friedman has said that "Nothing is more important for the long-run economic welfare of a country than improving productivity"..
Because productivity is so important to economic measurement, it is necessary to define it precisely. Unless we can agree on what productivity is and how we should measure it, it is difficult, if not impossible, to predict, control, and evaluate it. Both public and private analysts need precise definitions and measurements of productivity in order to make..."
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Productivity, Management and Organization, 2002.
How productivity, management styles and organizational structure affect a company.
2,119 words (approx. 8.5 pages), 2 sources, MLA, AU$ 96.95
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Abstract
This paper defines the concepts of productivity, management styles and organizational structures and examines how these can influence the success of a company. The paper begins with providing a definition and history of productivity and discusses how productivity benefits a company. It then defines the term management styles and looks at different approaches to management. The paper proceeds to define organizational structures. The paper also looks at how these elements affect smaller and larger companies differently and finally examines different ways to measure productivity.
From the Paper
"Productivity is defined in many ways. For instance, in Webster?s dictionary productivity is defined as the quality or state of being productive. Although this meaning is sufficient for the general population, managers must have a much more in depth definition. Productivity is the output per hour of labor. It is the measure of goods and services employees produce per hour. A productive company is likely to have lower prices while making more profit and also making more goods."
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