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<ref>[http://news.bbc.co.uk/1/hi/business/7073131.stm ''The downturn in facts and figures'', BBC News, 21 November 2007]</ref>
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==Index and Glossary==
There is an index to the topics dealt with in the economics articles [[Economics/Related Articles|here]], and a glossary of economic terms [[Economics/Glossary|here]].


See also the  [[Politics/Index|'''index to the politics articles ''']].


[[User:Nick_Gardner#Methodology|methodology]]


==The contribution of monetary policy==
{|align="right" cellpadding="10" style="background-color:#FFFFCC; width:40%; border: 1px solid #aaa; margin:20px; font-size: 92%;"
There is some evidence of a  connection between  the subprime crisis and the [[Federal Reserve System]]'s conduct of [[monetary policy]]Since the 1980s, the Bank's monetary policy had successfully stabilised the American economy - and its housing market -  by the application of the [[Macroeconomics#Current monetary policy|Taylor rule]] under which  changes to the bank's [[discount rate]] had been related to the spare capacity in the economy. During the period from 2003 to 2006, however, the discount rate was held well below the level suggested by that rule. The author of the rule, Professor John Taylor of Stanford University, has given an account of the consequences of that departure
|"''The European Union is something ...
<ref>[http://www.stanford.edu/~johntayl/Housing%20and%20Monetary%20Policy--Taylor--Jackson%20Hole%202007.pdf John Taylor ''Housing and Monetary Policy'' Stanford University September 2007]</ref>. He argues that those low interest rates helped to foster the  extraordinary surge which occurred in the demand for housing, and that the eventual fall in housing prices would have been less steep, and the following crisis less severe, had the Taylor rule been followed.
  very precious, not only for us in Europe, but also for the rest of the world. Because the European Union is, in fact, the result of a project for peace that brought together nations emerging from the ruins of the Second World War. It was the European Union that united them in peace around the values of respect for human dignity, freedom, democracy, justice, rule of law and respect for human rights.''"


{| border="0" width="435" align="right" cellpadding="0" cellspacing="0" style="wrap=no"
:Merci Olsson, of Nobel Med, congratulating  President Barroso on the award of The Nobel Peace Prize t the European Union, 12 October 2012.
|
{| class = "wikitable" align="right"
|+ Base Values
!Region<br/>Number!!Altitude Range<br/>(m)!!<math>P_b</math><br/>(Pa)!!<math>T_b</math><br/>(K)!!<math>L_b</math><br/>(K/m)!!<math>h_b</math><br/>(m)
|- align="center"
|1||0.00 to 10,999||101,325||288.15||-0.0065||0.00
|- align="center"
|2||11,000 to 19,999||22,632||216.65||0.00||11,000
|- align="center"
|3||20,000 to 31,999||5,474||216.65||0.001||20,000
|- align="center"
|4||32,000 to 46,999||868||228.65||0.0028||32,000
|- align="center"
|5||47,000 to 50,999||110||270.65||0.00||47,000
|- align="center"
|6||51,000 to 70,999||66||270.65||-0.0028||51,000
|- align="center"
|7||71,000 to 85,000||4||214.65||-0.002||71,000
|}
|}
|}

Latest revision as of 03:28, 22 November 2023


The account of this former contributor was not re-activated after the server upgrade of March 2022.


Index and Glossary

There is an index to the topics dealt with in the economics articles here, and a glossary of economic terms here.

See also the index to the politics articles .

methodology

"The European Union is something ...
very precious, not only for us in Europe, but also for the rest of the world. Because the European Union is, in fact, the result of a project for peace that brought together nations emerging from the ruins of the Second World War. It was the European Union that united them in peace around the values of respect for human dignity, freedom, democracy, justice, rule of law and respect for human rights."
Merci Olsson, of Nobel Med, congratulating President Barroso on the award of The Nobel Peace Prize t the European Union, 12 October 2012.