full employment

The orthodox view was that investment adjusts to the full employment level automatically via the rate of interest.

What Keynes pointed out was that this picture is incomplete if you allow for the possibility that the economy is not at full employment.

"The Dynamics of Full Employment" provides a new and fresh approach to the question of full employment in contemporary society.

It follows that full employment-, adequate wages, and a healthy environment ought to be the common sense goals of global economy.

He remarked: "I doubt if we have had any recent [peacetime] experience of a boom so strong that it led to full employment. "

His stark conclusion was that full employment had rarely been achieved in peacetime except in rare periods of exuberance.

Much of the Pacific coast, where farmers export asparagus, grapes and a plateful of other products, enjoys full employment.

The harmonious society is the aim of our Party, and full employment it one of the pillars for maintaining social harmony.

Although the Fed is bound to pursue stable prices and full employment, it has wide latitude in how it defines those goals.

"It would be a full-employment act for lawyers, " says Lou Crandall of Wrightson ICAP, a research firm.

It was the post-second-world-war settlement: in the US, the deal centred on full employment and high individual consumption.

If inflation remains at bay, the Fed will have to focus on the other part of its dual mandate: maintaining full employment.

Right now the interest rate that the Fed can choose is essentially zero, but that's not enough to achieve full employment.

However, the Fed is well short of where it wants to be in achieving its key objectives -- full employment and price stability.

either one could prevent prices from falling enough to get a low level of demand up enough to support full-employment output.

In France and Germany this would be called full employment, even considering the structural differences of their labour markets.

It might if the economy were to follow a conventional path back to full employment.

For the foreseeable future, the greatest challenge for Beijing is to ensure full employment and rising income levels.

The banner referred to the Fed's other goal that supposedly aims for full employment, in addition to low inflation.

In its manifesto for the general election in 2005 the Labour Party pledged full employment in every region by 2010.

China takes promotion of employment as the priority objective for economic development, and strives to achieve full employment.

That urge needs to be resisted until the economy is again approaching full employment.

This would be a very good start for getting the economy back toward full employment .

He argued that the Fed was basically powerless to return the economy to full employment once rates hit zero, which confused me at the time.

In Truman's economic program, the full employment is one of important contents.

The four major goals of the macro economic are economic growth, full employment, low inflation, balance of international payments.

The corresponding full-employment level of output is called potential GDP.

Meanwhile, these economies no longer have their own exchange rate or interest rate to restore full employment and financial balance.

Following Ronald Reagan and Margaret Thatcher, Keynesian full employment policies were abandoned and markets deregulated.

Many countries take "full employment" as the chief target of their government's macro - economic policies.

That classical mode of thought held that full employment would prevail, because supply created its own demand.

In times of full employment, a bigger deficit can be offset by tighter monetary policy and higher interest rates, said C.

The Fed will start the exit process when the economy is still below full employment and inflation is below target.

Nevertheless, anyone waiting for a return of the full employment and go-go growth of the 1990s will likely be disappointed.

Inflation targets allowed governments and central banks to argue that price stability and full employment were complementary goals.

Finally, rather than rebounding to full employment, the global economy looks set for high unemployment that will last years.

Nothing is easier to achieve than full employment, once it is divorced from the goal of full production and taken as an end in itself.

It is also a model in which many equilibria are possible, some of which imply less than full employment.

Even 18 months into the crisis, the country is close to full-employment with a jobless rate of just 2. 7 percent.

Few had expected a rapid return to full employment, but even modest expectations for jobs growth have not been met.

As the economy returns to full employment, the tax can either be restored or replaced by other taxes, if necessary.

Bernanke said additional easing will help the Fed achieve its two mandates set by Congress for ensuring full employment and stable prices.

Prof Cowen even believes that the US economy is close to full employment.

Crudely put, therefore, American spending is about $760 billion short of the amount required to return the economy to full employment.

One reason may be that Australia is close to full employment.

The last few years have, in many countries, been times of near full employment.

To maintain full employment, the supply of U. S. dollar bonds must rise with the increased foreign demand for U. S. dollar bonds.

Keynes "proved" that markets had no automatic tendency to full employment.

Such exhaustion of opportunities for mutually beneficial trade results in full employment.

The aim is simple enough: we want full employment, a faster rate of industrial development.

ROBERT SKIDELSKY: Keynes's solution to unemployment was for the government to spend the money to restore and maintain full employment.

The fourth part is the policies and suggestions regarding employment growth, so as to realize the industry optimization and full employment.

In contrast, US monetary policy is guided by the Fed's dual mandate of price stability and full employment.

an economic state of growth with rising profits and full employment.

But equilibrium does not, sadly, imply full employment.

That the wage-unit may tend to rise before full employment has been reached, requires little comment or explanation.

This is the rate consistent with both a sustainable current-account balance and internal balance (ie, full employment with low inflation).

We cannot continuously have the fullest production without full employment.

Several want to narrow the Fed's dual mandate to curb inflation and maintain full employment to a single goal of price stability.

This "proved" that free markets were automatically self-adjusting to full employment.

Second, implement the strategy of full employment. Employment is vital to people's livelihood.

The institute estimates that even at January's pace of job creation it would take us until 2019 to return to full employment.

The information of full employment is something that most countries rarely attain.

Stabilization: The tax system should help maintain the economy at full employment.

There was basically full employment in cities and towns.

It also focuses our attention on the promotion of women's equal access to full employment and decent work.

After all, the Fed has a joint mandate: to boost growth and ensure full employment.

The central bank has a dual mandate to promote full employment and maintain price stability.

The Fed is mandated to pursue full employment, so bad jobs numbers provide great cover for a big rate cut.

The first is the belief that economies are always at full employment.

Structural barriers to full employment may be to blame.

America, however, remained well short of full employment.

It would take us around a decade to reach more or less full employment.

Because of its size, creditworthiness and commitment to full employment, the Anglosphere balances the world's macro-economy.

Full employment and economic viability are in conflict.

The Fed has to pursue full employment and low inflation by the Federal Reserve Act of 1978, but these two objectives are conflicting.

Draw the supply and demand for funds that would obtain if we were at full employment.

Currently, these policymakers must keep demand some 7 per cent above full-employment levels of output.

Americans must understand that nine percent unemployment is now full employment in America.

A deep recession proves there is a huge rise in excess desired savings at full employment, as prof Krugman argues.

World War II provided full employment for every nation involved.

It is the role of the government, through its counterbalancing fiscal and monetary policy, to maintain full employment.

But in the real life, under the multi-right and wrong full employment non-balanced complex financial circumstance which we observe.

Our remedy was simple: focus all energy on creating the 19m jobs needed for near-full employment.

Full employment is the prime goal of all macroeconomic policies.

We're still 10 million jobs short of full employment, and the fraction of adults at work, 58. 2%, is at a 28-year low.

Prisons and chain gangs have full employment.

More pollution, then, isn't the route to full employment.

at this pace, full employment might not return until mid-decade.

The wage-unit will tend to rise, before full employment has been reached.

This alone would create full employment. The average poor family with children is supported by only 800 hours of work each year.

That shift led wages to fall in 2007, even though the economy was near full employment.

Congress passed the Employment Act in 1946 and clearly stated the government's responsibility in helping to achieve full employment.

And in those days of full employment the technique worked.

Now, after the bubble burst, America's middle class doesn't have enough money to maintain the economy at or near full employment.

How to make the achievement of full employment has become the primary macro-economic policies for all the Governments.

We wouldn't get to anything resembling full employment until late in Sarah Palin's first presidential term.

To accomplish full-employment of labor isa prerequisite for the development of economy and the progress of society.

There is little social tension, a low crime rate and full employment.

Full employment is more important to our societies than efficient profitability.

Policy makers should be doing everything they can to get us back to full employment as soon as possible.

First lets assume that in order to have a productive economy, we must have full employment.

Half don't see the jobless rate returning to 5. 5%, roughly full employment, before 2015.

Ask yourself: Why is it so hard to restore full employment?

Of course, the closer the economy is to full employment, the less serious is this disparity .

It looks like this, where the savings and investment schedules are what those schedules would be if we were at full employment:

Part Four is about the path exploration and policy options to achieve full employment in our country.

improve living standards, ensuring full employment and a significant, steady increase in real income and effective demand;

In our country , a full employment means the increase of people's income and the raise of live level.

Implementing Scientific Development View in an Ail-Round Way and Promoting College Students'Full Employment

Readjustment of Macroeconomic Policy Orientation: From expansionism to full employment

Full employment of college students and the construction of a harmonious society

Building up popularized employment view, accelerating university graduate's full employment

Full Employment Record to date (including past government employment and part-time job) (in chronological order)

Patterns of Talent Cultivation: Strategic Choice of Full Employment for Universities

A Discussion about Physical Education Teachers'Training before full employment

Promoting Teaching Effectiveness By Full Employment of Network and Multimedia

Analysis on the Balance of Supply and Demand to Realize Full Employment and Study on Corresponding Measures

On the Theoretical and Empirical Research about Full Employment Growth Rate and Fiscal Policy

Full Employment and Establishing A Harmonious Socialist Society

"a vicious spiral of rising prices under full employment" (William Henry Beveridge)

On the Employment Idea and Full Employment of Professional College Students

The relationship between economic growth and full employment

Target of Full Employment and Public Projects Organized by Government

On construction of full employment and harmonious society

An Exploration of Full Employment Guiding Practice for the Students in Higher Vocational Colleges

Expand and realize full employment actively;

Study on the Overall Plan For Urban and Rural Full Employment in Chengdu

The Full Employment and the Construction of All-Round Moderately-Well-off Society

Demand under the Level of Full Employment: Causes and Countermeasures

Full Employment: A Second Reflection on Macro-Economic Policy in China

Analysis of the Factors Restraining Full Employment and the Countermeasures of Our Country