SlideShare a Scribd company logo

EC6012 The OPEN Economy Slides

•
•
Stephen Kinsella
Stephen Kinsella
TechnologyEconomy & Finance
1 of 16
Download to read offline
Today New Notation Introduction Wages and Profits in the OPEN economy Equations of the Model Steady State EC6012 Lecture 9 The Really OPEN Economy Stephen Kinsella Dept. Economics, University of Limerick April 30, 2007 Stephen Kinsella EC6012 Lecture 9
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides
EC6012 The OPEN Economy Slides

Recommended

2008宣教年會
2008宣教年會2008宣教年會
2008宣教年會guest68abaf
 
Mohammeds believe it or else
Mohammeds believe it or elseMohammeds believe it or else
Mohammeds believe it or elseguestef6e87
 
places of worship
places of worshipplaces of worship
places of worshiphazelchan
 
andUNITE - How To Start 2008
andUNITE - How To Start 2008andUNITE - How To Start 2008
andUNITE - How To Start 2008andUNITE
 
Uimp 2cero 09 04 08
Uimp 2cero 09 04 08Uimp 2cero 09 04 08
Uimp 2cero 09 04 08Pablo De Castro
 
Circuits Of Cool
Circuits Of CoolCircuits Of Cool
Circuits Of CoolMarc Bresseel
 
Best Of Presentation
Best Of PresentationBest Of Presentation
Best Of PresentationRajesh S
 
EC4024 Lecture 19 Behavioural Finance Anomalies
EC4024 Lecture 19 Behavioural Finance AnomaliesEC4024 Lecture 19 Behavioural Finance Anomalies
EC4024 Lecture 19 Behavioural Finance AnomaliesStephen Kinsella
 

Recommended

2008宣教年會
2008宣教年會2008宣教年會
2008宣教年會guest68abaf
 
Mohammeds believe it or else
Mohammeds believe it or elseMohammeds believe it or else
Mohammeds believe it or elseguestef6e87
 
places of worship
places of worshipplaces of worship
places of worshiphazelchan
 
andUNITE - How To Start 2008
andUNITE - How To Start 2008andUNITE - How To Start 2008
andUNITE - How To Start 2008andUNITE
 
Uimp 2cero 09 04 08
Uimp 2cero 09 04 08Uimp 2cero 09 04 08
Uimp 2cero 09 04 08Pablo De Castro
 
Circuits Of Cool
Circuits Of CoolCircuits Of Cool
Circuits Of CoolMarc Bresseel
 
Best Of Presentation
Best Of PresentationBest Of Presentation
Best Of PresentationRajesh S
 
EC4024 Lecture 19 Behavioural Finance Anomalies
EC4024 Lecture 19 Behavioural Finance AnomaliesEC4024 Lecture 19 Behavioural Finance Anomalies
EC4024 Lecture 19 Behavioural Finance AnomaliesStephen Kinsella
 
Stock Flow Consistent Models and Agent Based Models
Stock Flow Consistent Models and Agent Based ModelsStock Flow Consistent Models and Agent Based Models
Stock Flow Consistent Models and Agent Based ModelsStephen Kinsella
 
Stock flow modelling and agent based modelling
Stock flow modelling and agent based modellingStock flow modelling and agent based modelling
Stock flow modelling and agent based modellingStephen Kinsella
 
Accesstalk pdf
Accesstalk pdfAccesstalk pdf
Accesstalk pdfStephen Kinsella
 
Modeling Aggregation and Interlinkages
Modeling Aggregation and InterlinkagesModeling Aggregation and Interlinkages
Modeling Aggregation and InterlinkagesStephen Kinsella
 
Irish Times Innovation Roadshow Talk
Irish Times Innovation Roadshow TalkIrish Times Innovation Roadshow Talk
Irish Times Innovation Roadshow TalkStephen Kinsella
 
Regulation a European Perspective
Regulation a European PerspectiveRegulation a European Perspective
Regulation a European PerspectiveStephen Kinsella
 
Is Ireland the Role Model for Austerity?
Is Ireland the Role Model for Austerity?Is Ireland the Role Model for Austerity?
Is Ireland the Role Model for Austerity?Stephen Kinsella
 
Buy Limerick.
Buy Limerick.Buy Limerick.
Buy Limerick.Stephen Kinsella
 
Buy Limerick.
Buy Limerick.Buy Limerick.
Buy Limerick.Stephen Kinsella
 
Peer Review Guidelines
Peer Review GuidelinesPeer Review Guidelines
Peer Review GuidelinesStephen Kinsella
 
Budget2011: Where to now?
Budget2011: Where to now?Budget2011: Where to now?
Budget2011: Where to now?Stephen Kinsella
 
Visualising Consitutional reform
Visualising Consitutional reformVisualising Consitutional reform
Visualising Consitutional reformStephen Kinsella
 
International Economics Guest Lecture
International Economics Guest LectureInternational Economics Guest Lecture
International Economics Guest LectureStephen Kinsella
 
The Margins of Viability
The Margins of ViabilityThe Margins of Viability
The Margins of ViabilityStephen Kinsella
 
Designing a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryDesigning a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryStephen Kinsella
 
Designing a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryDesigning a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryStephen Kinsella
 
EC4004 Economics for Business Lecture 2
EC4004 Economics for Business Lecture 2EC4004 Economics for Business Lecture 2
EC4004 Economics for Business Lecture 2Stephen Kinsella
 
US & EU Linkages: How did they contribute to the crisis?
US & EU Linkages: How did they contribute to the crisis?US & EU Linkages: How did they contribute to the crisis?
US & EU Linkages: How did they contribute to the crisis?Stephen Kinsella
 
Social Media as a Bridge between Teaching and Research
Social Media as a Bridge between Teaching and ResearchSocial Media as a Bridge between Teaching and Research
Social Media as a Bridge between Teaching and ResearchStephen Kinsella
 
A Matching Model with Friction and Multiple Criteria
A Matching Model with Friction and Multiple CriteriaA Matching Model with Friction and Multiple Criteria
A Matching Model with Friction and Multiple CriteriaStephen Kinsella
 
Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Zilliz
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDropbox
 

More Related Content

More from Stephen Kinsella

Stock Flow Consistent Models and Agent Based Models
Stock Flow Consistent Models and Agent Based ModelsStock Flow Consistent Models and Agent Based Models
Stock Flow Consistent Models and Agent Based ModelsStephen Kinsella
 
Stock flow modelling and agent based modelling
Stock flow modelling and agent based modellingStock flow modelling and agent based modelling
Stock flow modelling and agent based modellingStephen Kinsella
 
Modeling Aggregation and Interlinkages
Modeling Aggregation and InterlinkagesModeling Aggregation and Interlinkages
Modeling Aggregation and InterlinkagesStephen Kinsella
 
Irish Times Innovation Roadshow Talk
Irish Times Innovation Roadshow TalkIrish Times Innovation Roadshow Talk
Irish Times Innovation Roadshow TalkStephen Kinsella
 
Regulation a European Perspective
Regulation a European PerspectiveRegulation a European Perspective
Regulation a European PerspectiveStephen Kinsella
 
Is Ireland the Role Model for Austerity?
Is Ireland the Role Model for Austerity?Is Ireland the Role Model for Austerity?
Is Ireland the Role Model for Austerity?Stephen Kinsella
 
Visualising Consitutional reform
Visualising Consitutional reformVisualising Consitutional reform
Visualising Consitutional reformStephen Kinsella
 
International Economics Guest Lecture
International Economics Guest LectureInternational Economics Guest Lecture
International Economics Guest LectureStephen Kinsella
 
Designing a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryDesigning a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryStephen Kinsella
 
Designing a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryDesigning a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryStephen Kinsella
 
EC4004 Economics for Business Lecture 2
EC4004 Economics for Business Lecture 2EC4004 Economics for Business Lecture 2
EC4004 Economics for Business Lecture 2Stephen Kinsella
 
US & EU Linkages: How did they contribute to the crisis?
US & EU Linkages: How did they contribute to the crisis?US & EU Linkages: How did they contribute to the crisis?
US & EU Linkages: How did they contribute to the crisis?Stephen Kinsella
 
Social Media as a Bridge between Teaching and Research
Social Media as a Bridge between Teaching and ResearchSocial Media as a Bridge between Teaching and Research
Social Media as a Bridge between Teaching and ResearchStephen Kinsella
 
A Matching Model with Friction and Multiple Criteria
A Matching Model with Friction and Multiple CriteriaA Matching Model with Friction and Multiple Criteria
A Matching Model with Friction and Multiple CriteriaStephen Kinsella
 

More from Stephen Kinsella (20)

Stock Flow Consistent Models and Agent Based Models
Stock Flow Consistent Models and Agent Based ModelsStock Flow Consistent Models and Agent Based Models
Stock Flow Consistent Models and Agent Based Models
 
Stock flow modelling and agent based modelling
Stock flow modelling and agent based modellingStock flow modelling and agent based modelling
Stock flow modelling and agent based modelling
 
Accesstalk pdf
Accesstalk pdfAccesstalk pdf
Accesstalk pdf
 
Modeling Aggregation and Interlinkages
Modeling Aggregation and InterlinkagesModeling Aggregation and Interlinkages
Modeling Aggregation and Interlinkages
 
Irish Times Innovation Roadshow Talk
Irish Times Innovation Roadshow TalkIrish Times Innovation Roadshow Talk
Irish Times Innovation Roadshow Talk
 
Regulation a European Perspective
Regulation a European PerspectiveRegulation a European Perspective
Regulation a European Perspective
 
Is Ireland the Role Model for Austerity?
Is Ireland the Role Model for Austerity?Is Ireland the Role Model for Austerity?
Is Ireland the Role Model for Austerity?
 
Buy Limerick.
Buy Limerick.Buy Limerick.
Buy Limerick.
 
Buy Limerick.
Buy Limerick.Buy Limerick.
Buy Limerick.
 
Peer Review Guidelines
Peer Review GuidelinesPeer Review Guidelines
Peer Review Guidelines
 
Budget2011: Where to now?
Budget2011: Where to now?Budget2011: Where to now?
Budget2011: Where to now?
 
Visualising Consitutional reform
Visualising Consitutional reformVisualising Consitutional reform
Visualising Consitutional reform
 
International Economics Guest Lecture
International Economics Guest LectureInternational Economics Guest Lecture
International Economics Guest Lecture
 
The Margins of Viability
The Margins of ViabilityThe Margins of Viability
The Margins of Viability
 
Designing a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryDesigning a Strategy for Economic Recovery
Designing a Strategy for Economic Recovery
 
Designing a Strategy for Economic Recovery
Designing a Strategy for Economic RecoveryDesigning a Strategy for Economic Recovery
Designing a Strategy for Economic Recovery
 
EC4004 Economics for Business Lecture 2
EC4004 Economics for Business Lecture 2EC4004 Economics for Business Lecture 2
EC4004 Economics for Business Lecture 2
 
US & EU Linkages: How did they contribute to the crisis?
US & EU Linkages: How did they contribute to the crisis?US & EU Linkages: How did they contribute to the crisis?
US & EU Linkages: How did they contribute to the crisis?
 
Social Media as a Bridge between Teaching and Research
Social Media as a Bridge between Teaching and ResearchSocial Media as a Bridge between Teaching and Research
Social Media as a Bridge between Teaching and Research
 
A Matching Model with Friction and Multiple Criteria
A Matching Model with Friction and Multiple CriteriaA Matching Model with Friction and Multiple Criteria
A Matching Model with Friction and Multiple Criteria
 

Recently uploaded

Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Zilliz
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDropbox
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...apidays
 
CNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In PakistanCNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In Pakistandanishmna97
 
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)Samir Dash
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024The Digital Insurer
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...apidays
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingEdi Saputra
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
Vector Search -An Introduction in Oracle Database 23ai.pptx
Vector Search -An Introduction in Oracle Database 23ai.pptxVector Search -An Introduction in Oracle Database 23ai.pptx
Vector Search -An Introduction in Oracle Database 23ai.pptxRemote DBA Services
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businesspanagenda
 
Spring Boot vs Quarkus the ultimate battle - DevoxxUK
Spring Boot vs Quarkus the ultimate battle - DevoxxUKSpring Boot vs Quarkus the ultimate battle - DevoxxUK
Spring Boot vs Quarkus the ultimate battle - DevoxxUKJago de Vreede
 
Introduction to use of FHIR Documents in ABDM
Introduction to use of FHIR Documents in ABDMIntroduction to use of FHIR Documents in ABDM
Introduction to use of FHIR Documents in ABDMKumar Satyam
 
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...Orbitshub
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century educationjfdjdjcjdnsjd
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodJuan lago vázquez
 
WSO2's API Vision: Unifying Control, Empowering Developers
WSO2's API Vision: Unifying Control, Empowering DevelopersWSO2's API Vision: Unifying Control, Empowering Developers
WSO2's API Vision: Unifying Control, Empowering DevelopersWSO2
 
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 AmsterdamDEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 AmsterdamUiPathCommunity
 

Recently uploaded (20)

Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor Presentation
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
 
CNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In PakistanCNIC Information System with Pakdata Cf In Pakistan
CNIC Information System with Pakdata Cf In Pakistan
 
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
AI+A11Y 11MAY2024 HYDERBAD GAAD 2024 - HelloA11Y (11 May 2024)
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Vector Search -An Introduction in Oracle Database 23ai.pptx
Vector Search -An Introduction in Oracle Database 23ai.pptxVector Search -An Introduction in Oracle Database 23ai.pptx
Vector Search -An Introduction in Oracle Database 23ai.pptx
 
Understanding the FAA Part 107 License ..
Understanding the FAA Part 107 License ..Understanding the FAA Part 107 License ..
Understanding the FAA Part 107 License ..
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Spring Boot vs Quarkus the ultimate battle - DevoxxUK
Spring Boot vs Quarkus the ultimate battle - DevoxxUKSpring Boot vs Quarkus the ultimate battle - DevoxxUK
Spring Boot vs Quarkus the ultimate battle - DevoxxUK
 
Introduction to use of FHIR Documents in ABDM
Introduction to use of FHIR Documents in ABDMIntroduction to use of FHIR Documents in ABDM
Introduction to use of FHIR Documents in ABDM
 
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
WSO2's API Vision: Unifying Control, Empowering Developers
WSO2's API Vision: Unifying Control, Empowering DevelopersWSO2's API Vision: Unifying Control, Empowering Developers
WSO2's API Vision: Unifying Control, Empowering Developers
 
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 AmsterdamDEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
 

EC6012 The OPEN Economy Slides

  • 1. Today New Notation Introduction Wages and Profits in the OPEN economy Equations of the Model Steady State EC6012 Lecture 9 The Really OPEN Economy Stephen Kinsella Dept. Economics, University of Limerick April 30, 2007 Stephen Kinsella EC6012 Lecture 9