The short run in economics refers to a period when at least one factor of production remains fixed, limiting a business’s ability to fully adjust to changes in demand or costs. For example, a factory ...

The Morningstar US Market Index has come thundering back since its late March nadir and is now down merely 7% year to date, even as the coronavirus pandemic persists. While many investors are ...

We empirically estimate the short- and the long-run effects of fiscal policy on the Lebanese economy. Such estimates should be valuable in shaping the administrative reforms of the budgetary process ...

The Earned Income Tax Credit (EITC) substantially subsidizes earnings for low- to moderate-income families with children in the United States. Research has established that the EITC has positive short ...

In the context of the increasing size and integration of capital markets consisting of bonds, equity, foreign exchange, and financial derivatives and financial intermediaries namely, banks, investment ...

The winners of this year’s Nobel Memorial Prize in Economics are U.S. economists William D. Nordhaus of Yale and Paul M. Romer of New York University. Mr. Nordhaus is acknowledged for “integrating ...