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Open-Economy National Income Accounting and the IS/LM Model
Murphy, Daniel; Warnock, Francis E.Nota técnica DARDEN-GEM-0128-EEconomíaWhen we introduce macroeconomic models, we assume that goods and services are exchanged within a single country but not across countries. This assumption is useful for understanding some of the primary determinants of output, inflation, and interest rates. In reality, however, economies trade with each other, and the presence of international markets has implications for national economies. In this note, we incorporate international markets to un...Desde 8,20 €
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Accessory Dwelling Units in California: The Roles of the Private and Public Sectors
Murphy, Daniel; Maiden, Stephen E.Caso DARDEN-GEM-0198-EEconomíaThis case examines California’s housing crisis and the growing market for Accessory Dwelling Units (ADUs)—secondary housing units built on single-family primary residential lots—within the state. California housing was in high demand but limited supply, and prices were such that many lower- and middle-income people struggled to find affordable housing. As of 2021, the median price for a home in California topped $600,000, more than twice the nati...Desde 8,20 €
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Japan's Economics: Abenomics from the Front and Rearview Mirrors
Murphy, Daniel; Yemen, GerryCaso DARDEN-GEM-0150-EEconomíaWhen Kazuo Ueda took the reins as governor of the Bank of Japan (BOJ) in April 2023, he signaled that he would continue the ultra-loose monetary policy that had characterized Japan’s central bank for over a decade. But in 2023 Ueda faced strikingly different macroeconomic conditions than those of his predecessors, including inflation above the BOJ’s target. This case discusses the initial rationale behind “Abenomics”—former Prime Minister Shinzō ...Desde 8,20 €
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Japan's Economics: Abenomics from the Front and Rearview Mirrors
Murphy, Daniel; Yemen, GerryCaso DARDEN-GEM-0150EconomíaThis case uses Japan’s low-growth episodes since the 1990s to analyze economic policy in an environment featuring excess capacity, low growth, and low inflation. The case discusses the rationale behind “Abenomics”—Prime Minister Shinzō Abe’s three-pronged approach to stimulating Japan’s economy. In the case, Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), is tasked with making the case to stick with Abenomics after five years under the ...Desde 8,20 €
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BE Oil - Teaching Note
Murphy, DanielNota del Instructor DARDEN-GEM-0161TN-EEconomíaTeaching note for product GEM-0161Desde 0,00 €
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Brazilian Stagflation - Teaching Note
Murphy, DanielNota del Instructor DARDEN-GEM-0145TN-EEconomíaTeaching note for product GEM-0145Desde 0,00 €
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The IS/LM Model - Teaching Note
Murphy, DanielNota del Instructor DARDEN-GEM-0126TN-EEconomíaTeaching note for product GEM-0126Desde 0,00 €
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A Brief Introduction to Macroeconomics - Teaching Note
Murphy, DanielNota del Instructor DARDEN-GEM-0125TN-EEconomíaTeaching note for product GEM-0125Desde 0,00 €
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Light Rail in Denver?: The Private Sector and Infrastructure Development (A) and (B) - Teaching note
Murphy, DanielNota del Instructor DARDEN-GEM-0188TN-EEconomíaDesde 0,00 €
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Ten Years After the Global Financial Crisis: A Pension Fund's Retrospective - Teaching Note
Murphy, DanielNota del Instructor DARDEN-GEM-0163TN-EEconomíaTeaching note for product GEM-0163Desde 0,00 €