How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Jawaad Ahmed Your Own Question

Jawaad Ahmed
Jawaad Ahmed, Other
Category: Essays
Satisfied Customers: 5253
Experience:  I have the vast experience in the field of accounting and finance, which will help me in doing the assignments.
20040807
Type Your Essays Question Here...
Jawaad Ahmed is online now
A new question is answered every 9 seconds

My homework looks like that Question: What is the "current

Customer Question

hi, my homework looks like that Question: What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
Write your individual answers to the questions listed above together in essay format (minumum of 300 words combined in APA style), using correct economic terms covered in the discussions. If you only write 300 words, you probably won't be able to fully answer the questions. Use the APA Template in Doc Sharing as a guide. You will also find the grading rubric for this assignment in Doc Sharing.
Key concepts to include in your paper--data trends on unemployment, inflation, GDP growth, expansionary fiscal policy tools, FOMC, easy money policy tools and other terms from this class.
You must use at least one article. Note: The textbook is not an article and cannot be the only source for the assignments. Use the DeVry
Submitted: 1 year ago.
Category: Essays
Expert:  Jawaad Ahmed replied 1 year ago.
Please mention your deadline, thanks
Expert:  Jawaad Ahmed replied 1 year ago.
http://wikisend.com/download/974586/Current Economic Situation in United States.docx
Please find your answer at above link.
Have a nice day.
Customer: replied 1 year ago.
Pls disregard the live phone call request. I don't want it.
Customer: replied 1 year ago.
Hi , I am Marie, I did not see any Article from the devry Library . Unfortunatelately I can not accept the wikipedia reference and they remove this part on purpose because i did sent this entire question where it mentions that. Once again the Homework mention very important To remembember ( What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, re......)
Very Important :You must use at least one article. Note: The textbook is not an article and cannot be the only source for the assignments. Use the DeVry Library as a resource for finding your references. please let me now because the deadline is tomorrow. thanks
Expert:  Jawaad Ahmed replied 1 year ago.
Hello
I cannot access the Devry Library without the ID and Password.
Customer: replied 1 year ago.
I can provide you article from devry library today if you want
Expert:  Jawaad Ahmed replied 1 year ago.

Okay, please provide me the article, thanks.

Customer: replied 1 year ago.
I have to sent the article now . the abstract first it won't let me sent the whole article.
Customer: replied 1 year ago.
I have the article now , Iam very busy 1st lets me copy the abstract from the site.GENERAL ASSESSMENT OF THE MACROECONOMIC SITUATION.
Source:
OECD Economic Outlook. May2013, Vol. 1 Issue 93, p9-65. 57p. 14 Charts, 15 Graphs.
Document Type:
Article
Subject Terms:
*MACROECONOMICS
*SECURITIES markets
*MONETARY policy
*LABOR market
*UNEMPLOYMENT
*MARKET equilibrium
OECD countries -- Economic conditions
NAICS/Industry Codes:
523210 Securities and Commodity Exchanges
523110 Investment Banking and Securities Dealing
Abstract:
• In the absence of adverse events, growth in advanced economies should strengthen gradually after the middle of 2013 and through 2014, helped by on-going support from accommodative monetary policies, improving financial market conditions and a gradual restoration of confidence.• The upturn continues to diverge across countries, with the United States likely to grow faster than other large OECD economies. Euro area growth remains constrained by the lingering effects of the euro area crisis, the on-going drag from fiscal consolidation and weaknesses in credit markets. Various policy influences seem likely to result in an irregular growth pattern in Japan. Within an overall pattern of only modest and gradual acceleration, growth outcomes in emerging market economies are also diverging, with China in the lead and growth in others restrained by structural factors, with stagflationary tendencies in some.• Labour markets are set to firm gently in the United States and Japan, but unemployment is likely to continue to rise further in the euro area, stabilising at a very high level only in 2014. Structural reforms are essential to prevent cyclical unemployment from becoming structural.• Inflation is likely to drift up from its current low rate in the United States, while aggressive monetary easing could see deflation give way to moderately positive underlying inflation in Japan. By contrast, inflation in the euro area is set to remain very low. Inflation rates are likely to vary across the large emerging market economies.• Monetary policy needs to remain extraordinarily easy in the United States. However, the pace of further easing through additional asset purchases may need to be gradually reduced. Additional easing of monetary policy is needed in the euro area, with interest rates reduced as much as possible and asset purchases being undertaken in a manner consistent with the nature of the euro area. The recent quantitative and qualitative monetary easing in Japan is overdue and should help to attain the new inflation target.• Countries should proceed with their structural fiscal consolidation commitments whilst allowing the automatic stabilisers to operate fully. In the United States, the automatic across-the-board budget spending cuts should be made less harmful to growth and a credible long-term fiscal plan needs to be put in place; in Japan, fiscal consolidation should commence in 2014, as planned, and a credible medium-term fiscal plan is necessary to maintain market confidence in the face of challenging debt dynamics; and in the euro area, structural consolidation should proceed at the slower pace planned and should by 2014 have reached a level that would lead to declining debt ratios in the longer term in the area as a whole and in most member countries.• Downside risks to the outlook still dominate, even if they have narrowed as a result of actions by the monetary authorities in the euro area and the resolution of the fiscal cliff in the United States.• Negative risks still remain in the euro area, and events could still trigger off adverse interactions between weakly capitalised banks, government finances, the real economy and exit risks. Further policy measures and institution building are necessary to reduce such risks, including expediting the construction of a full-fledged banking union. Structural reforms remain crucial to address underlying economic imbalances between the core and the periphery, though progress has been made in the periphery.• Potential bond market instability in the run-up to the eventual move towards exit from unconventional monetary policy is also a downside risk; if a sharp rise in US government bond yields were to occur it could have serious consequences for the global economy. • Fiscal policy risks also remain, related to uncertainty about the impact of poorly targeted budgetary sequestration in the United States and unsustainable public finances in Japan.• A risk shared by OECD and emerging market economies is that the rate of potential growth has become more uncertain since the onset of the global crisis. [ABSTRACT FROM AUTHOR]
Copyright of OECD Economic Outlook is the property of Organisation for Economic Cooperation & Development and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstr
Customer: replied 1 year ago.
part of the article Bond market instability in the run-up to exit/rom unconventional
policy
Government bond yields are set to rise when economic prospects
point towards a normalisation of current exceptionally accommodative
monetary policy. The United States is likely closer to - albeit some
distance away from - such a situation than other regions and countries
with exceptional policy settings. If yields increase strongly or abruptly, for
instance due to investors being surprised by the timing or pace of policy
changes, or if higher interest rates expose vulnerabilities in the flnancial
system, it could be disruptive to the global economy. Currently enhanced
communication should limit any surprises, but there is still a risk of a
repetition of developments from 1994, when an unanticipated increase in
the policy rate in the United States triggered off a sharp increase in
government bond yields that year (2 percentage points). This did not
derail the recovery at the time because of the strong underlying
momentum in the economy. But at the current juncture, when the global
economy is still weak and financial systems are healing, such events
could pose a serious risk.
• A leap in US government bond yields would result in capital losses for
investors, and prices on other assets would most likely follow suit, with
mortgage-backed securities and corporate bonds most strongly
affected.-"^^ In comparison with 1994, this could be more disruptive given
the current higher leverage in the US economy and flnancial system.
Unless offset by portfolio shifts as investors move funds from bonds to
equities, the higher long-term interest rate would weigh on equities,
and property valuations could also be marked down. The cooling of
domestic demand due to higher cost of borrowing and negative wealth
effects would be accompanied by weaker foreign demand as the
currency would appreciate, reflecting the higher level of interest rates.
Indeed, the appreciation, and the influence on capital flows more
generally, might be especially strong if the impending or actual US
policy tightening were to take place at the same time as other
economies are stepping up asset purchases. All in all, NiGEM
13. A one-percentage point increase in a 10-year zero-coupon bond yield would
reduce its price by around 9%.
46
OECD ECONOMIC OUTLOOK, VOLUME 2013/1 © OECD 2013
1. GENERAL ASSESSMENT OF THE MACROECONOMIC SITUATION
... Other advanced OECD
countries...
and especially emerging
markets
simulations, including normal exchange rate reactions, suggest that a
2-percentage point increase in long-term interest rates during one year
could subtract around iy2 percentage points from growth in the United
States in the first year. However, with possible disruptions to the
financial system, as leveraged investors may have to liquidate
positions, negative effects could be larger.
An increase in US bond yields could also have adverse effects on growth
in other advanced OECD countries. This could happen through trade
linkages or because of co-movements in financial markets. Without any
significant financial market spillovers, NiGEM simulations suggest that
the 2-percentage point increase in US long-term interest rates during
one year would reduce GDP by 0.2 and 0.4 percentage point in the euro
area and Japan. However, increases in US yields in the past (and notably
in 1994) have prompted an increase in yields in other advanced OECD
economies, possibly because leveraged investors in US Treasuries need
to raise liquidity when prices fall by selling foreign government bonds
in their portfolios (Borio and MacCauley, 1995).-'^'* If government bond
yields were to increase in the main OECD economies as a result of
higher US yields, it could risk undermining the recovery in the euro area
and make debt dynamics more challenging in Japan. In addition,
domestic financial systems could be adversely affected if US
institutions were to reduce their funding of foreign banks as interest
rates increase at home. However, while US banks and money market
funds were important sources of funds for foreign banks prior to the
crisis, at present they play a much smaller role.-^^ As an extreme
assumption to gauge the maximum damage, if yields were to increase
in the euro area and Japan to a similar extent as in the United States
due to contagion, the negative impact on GDP would be much stronger
than the one quoted above: around 1 and over 3%, respectively-^^ The
latter scenario would prolong the euro area recession and push Japan
into recession.
A sharp increase in US bond yields could have particularly deleterious
effects in emerging market economies, with the sizeable portfolio
capital inflows in recent years being replaced by large outflows if
investors become more risk averse.
Expert:  Jawaad Ahmed replied 1 year ago.

Hello

I have already covered the United-Stated part in my answer which is in your article as well as I have provided you extra information which is not covered in your article, thanks.

Customer: replied 1 year ago.
Part of the article-^^ The emerging market economies
that are most vulnerable to these shifts in investors' preferences are
those that have received the greatest inflows in the recent past and are
dependent on such flows to finance large current account deficits
(South Africa, Tlirkey and, to a lesser extent, Mexico; Figure 1.14). For
these countries, it will likely be more challenging to deal with outflows
than with inflows, as the options to use measures to limit outflows may
be circumscribed.-^^
Figure 1.14. Current account balances and portfolio investment inflows differ
across emerging markets
In per cent of GDP
Korea China Mexico Brazii indonesia India Turitey South Africa
Note: Data for portfolio investment refer to 2012 for Brazil, Indonesia, Mexico and TYirkey, 2011Q4-2012Q3 for India, Korea and South
Africa, and 2011Q3-2012Q2 for China. Data for current account balances refer to 2012.
Source: Datastream; and OECD Economic Outlook 93 database.
StatLink maa http.//dx.doi.org/10.1787/888932835613
Uncertainty about US fiscal
policy remains a negative
risk...
Fiscal policy risks
Fiscal policy developments in the United States still remain a
downside risk. In particular, the automatic and poorly targeted
expenditure cuts in the sequestration that has now come into effect could
have strong negative multiplier effects on demand, since they are
concentrated on public consumption and investment which typically
have stronger activity effects than other consolidation instruments.
Across-the-board cuts in discretionary spending will also hit other
growth-friendly components of expenditure and risk creating bottlenecks
for growth of private sector activity. Continued failure by the Administration
and Congress to reach an agreement on long-term fiscal issues is another
downside risk. Finally, the imminent need to raise the debt ceiling once
more could unsettle markets.
OECD ECONOMIC OUTLOOK, VOLUME 2013/1 © OECD 2013e article :
Customer: replied 1 year ago.
References
GENERAL ASSESSMENT OF THE MACROECONOMIC SITUATION. (2013). OECD Economic Outlook, 1(93), 9-65.
Expert:  Jawaad Ahmed replied 1 year ago.
Hello
I have already covered the United-Stated part in my answer which is in your article as well as I have provided you extra information which is not covered in your article, thanks.
Expert:  Jawaad Ahmed replied 1 year ago.
Hello,
I am just checking out did my answer helped you, if you are satisfied with the answer so please rate or accept it so I can get credit of my efforts, thanks

Related Essays Questions