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Marcus Fleming (basketball)
John Marcus Fleming (1911 – 3 February 1976) was a British economist. He was the deputy director of the research department of the International Monetary Fund for many years; he was already a member of this department during the period of Canadian economist Robert Mundell's affiliation. At approximately the same time as Mundell, Fleming presented similar research on stabilization policy in open economies. As a result, today's textbooks refer to the Mundell–Fleming model. Mundell's contribution, which assumes perfect rather than imperfect capital mobility is, however, considered more important due to its depth, range, and analytical power, and more applicable to today's conditions. He was educated at Bathgate Academy and the University of Edinburgh, the Graduate Institute of International Studies Graduate may refer to: Education * The subject of a graduation, i.e. someone awarded an academic degree ** Alumnus, a former student who has either attended or graduated fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Mundell
Robert Alexander Mundell (October 24, 1932 – April 4, 2021) was a Canadian economist. He was a professor of economics at Columbia University and the Chinese University of Hong Kong. He received the Nobel Memorial Prize in Economic Sciences in 1999 for his pioneering work in monetary dynamics and optimum currency areas. Mundell is known as the "father" of the euro, as he laid the groundwork for its introduction through this work and helped to start the movement known as supply-side economics. Mundell was also known for the Mundell–Fleming model and Mundell–Tobin effect. Early life Mundell was born Robert Alexander Mundell on October 24, 1932, in Kingston, Ontario, Canada, to Lila Teresa (née Hamilton) and William Mundell. His mother was an heiress while his father was a military officer and taught at the Royal Military College of Canada. He spent his early years in a farm in Ontario and moved to British Columbia with his family when his father retired at the end of World ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Stability
Economic stability is the absence of excessive fluctuations in the macroeconomy. An economy with fairly constant output growth and low and stable inflation would be considered economically stable. An economy with frequent large recessions, a pronounced business cycle, very high or variable inflation, or frequent financial crises would be considered economically unstable. Measuring stability Real macroeconomic output can be decomposed into a trend and a cyclical part, where the variance of the cyclical series derived from the filtering technique (e.g., the band-pass filter, or the most commonly used Hodrick–Prescott filter) serves as the primary measure of departure from economic stability. A simple method of decomposition involves regressing real output on the variable “time”, or on a polynomial in the time variable, and labeling the predicted levels of output as the trend and the residuals as the cyclical portion. Another approach is to model real output as differ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mundell–Fleming Model
The Mundell–Fleming model, also known as the IS-LM-BoP model (or IS-LM-BP model), is an economic model first set forth (independently) by Robert Mundell and Marcus Fleming. Reprinted in Reprinted in The model is an extension of the IS–LM model. Whereas the traditional IS-LM model deals with economy under autarky (or a closed economy), the Mundell–Fleming model describes a small open economy. The Mundell–Fleming model portrays the short-run relationship between an economy's nominal exchange rate, interest rate, and output (in contrast to the closed-economy IS-LM model, which focuses only on the relationship between the interest rate and output). The Mundell–Fleming model has been used to argue that an economy cannot simultaneously maintain a fixed exchange rate, free capital movement, and an independent monetary policy. An economy can only maintain two of the three at the same time. This principle is frequently called the "impossible trinity," "unholy trinity," "irr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Edinburgh
The University of Edinburgh ( sco, University o Edinburgh, gd, Oilthigh Dhùn Èideann; abbreviated as ''Edin.'' in post-nominals) is a public research university based in Edinburgh, Scotland. Granted a royal charter by King James VI in 1582 and officially opened in 1583, it is one of Scotland's four ancient universities and the sixth-oldest university in continuous operation in the English-speaking world. The university played an important role in Edinburgh becoming a chief intellectual centre during the Scottish Enlightenment and contributed to the city being nicknamed the " Athens of the North." Edinburgh is ranked among the top universities in the United Kingdom and the world. Edinburgh is a member of several associations of research-intensive universities, including the Coimbra Group, League of European Research Universities, Russell Group, Una Europa, and Universitas 21. In the fiscal year ending 31 July 2021, it had a total income of £1.176 billion, of w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Graduate Institute Of International Studies
Graduate may refer to: Education * The subject of a graduation, i.e. someone awarded an academic degree ** Alumnus, a former student who has either attended or graduated from an institution * High school graduate, someone who has completed high school (in the U.S.) Arts and entertainment * Graduate (band), the band that Roland Orzabal and Curt Smith were in before forming Tears for Fears * ''Graduate'' (film), a 2011 Telugu-language film * "Graduate" (song), by Third Eye Blind, 1997 Other uses * Graduate (dinghy), a type of sailing vessel See also * Graduation (other) * The Graduate (other) * Graduate diploma, a postgraduate qualification * Graduate school, a school that awards advanced degrees * Postgraduate education, a phase of higher education * Graduated cylinder A graduated cylinder, also known as a measuring cylinder or mixing cylinder, is a common piece of laboratory equipment used to measure the volume of a liquid. It has a narrow cylindric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1911 Births
A notable ongoing event was the race for the South Pole. Events January * January 1 – A decade after federation, the Northern Territory and the Australian Capital Territory are added to the Commonwealth of Australia. * January 3 ** 1911 Kebin earthquake: An earthquake of 7.7 moment magnitude strikes near Almaty in Russian Turkestan, killing 450 or more people. ** Siege of Sidney Street in London: Two Latvian anarchists die, after a seven-hour siege against a combined police and military force. Home Secretary Winston Churchill arrives to oversee events. * January 5 – Egypt's Zamalek SC is founded as a general sports and Association football club by Belgian lawyer George Merzbach as Qasr El Nile Club. * January 14 – Roald Amundsen's South Pole expedition makes landfall, on the eastern edge of the Ross Ice Shelf. * January 18 – Eugene B. Ely lands on the deck of the USS ''Pennsylvania'' stationed in San Francisco harbor, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1976 Deaths
Events January * January 3 – The International Covenant on Economic, Social and Cultural Rights enters into force. * January 5 – The Pol Pot regime proclaims a new constitution for Democratic Kampuchea. * January 11 – The 1976 Philadelphia Flyers–Red Army game results in a 4–1 victory for the National Hockey League's Philadelphia Flyers over HC CSKA Moscow of the Soviet Union. * January 16 – The trial against jailed members of the Red Army Faction (the West German extreme-left militant Baader–Meinhof Group) begins in Stuttgart. * January 18 ** Full diplomatic relations are established between Bangladesh and Pakistan 5 years after the Bangladesh Liberation War. ** The Scottish Labour Party (1976), Scottish Labour Party is formed as a breakaway from the UK-wide party. ** Super Bowl X in American football: The Pittsburgh Steelers defeat the Dallas Cowboys, 21–17, in Miami. * January 21 – First commercial Concorde flight, from London to Bahrain. * January 27 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People Educated At Bathgate Academy
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural form of pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alumni Of The University Of Edinburgh
This is a list of notable graduates as well as non-graduate former students, academic staff, and university officials of the University of Edinburgh in Scotland. It also includes those who may be considered alumni by extension, having studied at institutions that later merged with the University of Edinburgh. The university is associated with 19 Nobel Prize laureates, three Turing Award winners, an Abel Prize laureate and Fields Medallist, four Pulitzer Prize winners, three Prime Ministers of the United Kingdom, and several Olympic gold medallists. Government and politics Heads of state and government United Kingdom Cabinet and Party Leaders Scottish Cabinet and Party Leaders Current Members of the House of Commons * Wendy Chamberlain, MP for North East Fife * Joanna Cherry, MP for Edinburgh South West * Colin Clark, MP for Gordon * Anneliese Dodds, MP for Oxford East * Kate Green, MP for Stretford and Urmston * John Howell, MP for Henley * Neil Hud ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Graduate Institute Of International And Development Studies Alumni
Graduate may refer to: Education * The subject of a graduation, i.e. someone awarded an academic degree ** Alumnus, a former student who has either attended or graduated from an institution * High school graduate, someone who has completed high school (in the U.S.) Arts and entertainment * Graduate (band), the band that Roland Orzabal and Curt Smith were in before forming Tears for Fears * ''Graduate'' (film), a 2011 Telugu-language film * "Graduate" (song), by Third Eye Blind, 1997 Other uses * Graduate (dinghy), a type of sailing vessel See also * Graduation (other) * The Graduate (other) * Graduate diploma, a postgraduate qualification * Graduate school, a school that awards advanced degrees * Postgraduate education Postgraduate or graduate education refers to academic or professional degrees, certificates, diplomas, or other qualifications pursued by post-secondary students who have earned an undergraduate (bachelor's) degree. The organizat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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