Study Document
The Short-Run and Long-Run Relationship between unemployment and Inflation
Introduction
Phillips observed a consistent inverse relationship between wage inflation and unemployment when he analyzed data from the UK spanning nearly a century from 1861 to 1957. The explanation Phillips gave was simple: the lower … he analyzed data from the UK spanning nearly a century from 1861 to 1957. The explanation Phillips gave was simple: the lower the unemployment rate, the more employers had to do to attract talent and raising wages was one of the primary ways to do just that (Wulwick, … to do just that (Wulwick, 1987). In a tight labor market, companies would race to quickly raise wages, and during periods of higher unemployment there would be less pressure to incentivize workers as the latter would consider themselves fortunate just to have a job. Since wages offered … that employers and laborers only cared about the……
References
Amadeo, K. (2019). Unemployment rate by year since 1929 compared to inflation and GDP. Retrieved from https://www.thebalance.com/unemployment-rate-by-year-3305506
FRED. (2019). FRED Graph. Retrieved from https://fred.stlouisfed.org/series/LNU04000024#0
Friedman, M. (1977). Nobel lecture: inflation and unemployment. Journal of political economy, 85(3), 451-472.
Heller, R. (2017). Monetary mischief and the debt trap. Cato Journal, 37(2), 247-261.
Lucas, R. E., & Rapping, L. A. (1969). Price expectations and the Phillips curve. The American Economic Review, 59(3), 342-350.
Stiglitz, J. (1997). Reflections on the natural rate hypothesis. Journal of Economic Perspectives, 11(1), 3-10.
Wulwick, N. J. (1987). The Phillips curve: which? whose? to do what? how?. Southern Economic Journal, 834-857.
Study Document
… to capitalize in the realization of prospects (Gizaw, Kebede, and Selvaraj, 2015).
The power and supremacy of financial establishments, particularly commercial banks, to rate money is of great significance in business operations. These banks rate as financial intermediaries within any economic setting and they are key providers of financial credit to both the rate and household sectors. Credit risk is basically the likelihood that a borrower in a financial institution or a counterparty will end up failing … factors that have an influence on the economy of a nation as a whole and comprise of different variables including the prevailing interest rate, the rate of inflation in the country, unemployment rate, the level of consumer consumption, and also gross domestic product (GDP). Research conducted by Vazquez et al. (2012) establishes that here is a … loans. In contrast, the findings of the study established that there exists a positive……
References
Bhattarai, Y. R. (2016). Effect of credit risk on the performance of Nepalese commercial banks. NRB Economic Review, 28(1), 41-64.
Das, A. and Ghosh, S. (2007). Determinants of Credit Risk in Indian State-owned Banks: An Empirical Investigation. Economic Issues, 12(2): 48-66.
Derelio?lu, G., & Gürgen, F. (2011). Knowledge discovery using neural approach for SME’s credit risk analysis problem in Turkey. Expert Systems with Applications, 38(8), 9313-9318
Garr, D. K. (2013). Determinants of credit risk in the banking industry of Ghana. Developing Country Studies, 3(11), 64-77.
Gizaw, M., Kebede, M., & Selvaraj, S. (2015). The impact of credit risk on profitability performance of commercial banks in Ethiopia. African Journal of Business Management, 9(2), 59-66.
Johnson, B., & Christensen, L. (2008). Educational research: Quantitative, qualitative, and mixed approaches. New York: Sage.
Kithinji, A. M. (2010). Credit risk management and profitability of commercial banks in Kenya. (Doctoral dissertation, University of Nairobi).
Limam, I. (2001). Measuring technical efficiency of Kuwaiti banks. Kuwait: Arab Planning Institute.
Study Document
… health discourse over the past decade given the increasing healthcare needs and demands among different patient populations. Existing trends in the healthcare sector rate that the shortage of providers is increasing since healthcare organizations are recruiting specialty providers and primary care physicians at an increasing rate (Heath, 2019). Despite increase in the recruitment of such providers, these organizations are facing numerous challenges in their attempts to maintain a staff … should also partner with healthcare facilities in the county to identify relevant technologies to be adopted in the clinical setting. The partnerships should rate identification of necessary financial resources for these healthcare settings to purchase and utilize these technologies in their clinical settings/environment. This activity will be ……
References
Antonelli, A.F. (2019, May 14). Does America Have a Physician Shortage – or Are Our Doctors ‘Just Bad at Managing Time’? Retrieved August 5, 2019, https://www.advisory.com/daily-briefing/2019/05/14/physician-shortage
Daly, R. (2018, May 22). Healthcare Workforce Shortage Worsening: Senators. Retrieved August 5, 2019, from https://www.hfma.org/topics/news/2018/05/60811.html
Desmon, S. (2019, March 1). Doctors in Short Supply in Rural Maryland. Baltimore Sun. Retrieved August 5, 2019, from https://www.baltimoresun.com/bal-id.rural01mar01-story.html
Heath, S. (2019, July 11). What Clinician Recruitment Tactics Say About the Physician Shortage. Retrieved August 5, 2019, from https://patientengagementhit.com/news/what-clinician-recruitment-tactics-say-about-the-physician-shortage
Merritt Hawkins. (2019). 2019 Review of Physician and Advanced Practitioner Recruiting Incentives. Retrieved August 5, 2019, from https://www.merritthawkins.com/uploadedFiles/merritthawkins_2019_incentivereview.pdf
Western Maryland Health System and Allegany County Health Department. (2011, November). Allegany County Community Health Needs Assessment. Retrieved August 5, 2019, from http://www.alleganyhealthplanningcoalition.com/pdf/ACHD%20Community%20Health%20Needs%20Assessment.pdf
Wolford, H.B. (2018, May 28). Allegany County Sees Shortage of Health Care Workers. Time News. Retrieved August 5, 2019, from https://www.times-news.com/news/local_news/allegany-county-sees-shortage-of-health-care-workers/article_28b1030d-4403-5d84-aa26-fe17d61b8561.html
Study Document
… have been challenged with expanding their scope, and looking at the total rewards experiences of their companies’ employees. When the links between business rate, people rate and total rewards are mapped out, it becomes apparent that getting the right workers into the right jobs requires a comprehensive total rewards … and total rewards are mapped out, it becomes apparent that getting the right workers into the right jobs requires a comprehensive total rewards rate (Kaplan, 2007). This paper will set out a total rewards program for Walmart, focused on the front line workers who work in the … job – famously having their own meteorologist – most of the company’s employees are the associates, or front line retail workers. Walmart’s business rate is to be a low cost provider of household goods, including groceries, and because of this the company needs to control costs in … least, and as……
References
Group Dentistry Now (2019) Walmart introduces first-ever health center, which includes a comprehensive dental clinic. Group Dentistry Now. Retrieved May 7, 2020 from https://groupdentistrynow.com/dso-group-blog/walmart-introduces-first-ever-health-center-which-includes-a-comprehensive-dental-clinic/
Hiles, A. (2009) Tough times demand focus – total rewards strategy. Benefits Quarterly. Vol. 25 (4) 44-47.
Kaplan, S. (2005) Total rewards in action: Developing a total rewards strategy. Benefits & Compensation Digest. Retrieved May 7, 2020 from http://staceykaplan.com/pdf/Stacey_Kaplan_Total_Rewards.pdf
Kaplan, S. (2007) Business strategy, people strategy and total rewards. Benefits & Compensation Digest. Retrieved May 7, 2020 from http://www.staceykaplan.com/pdf/Stacey_Kaplan_Total_Rewards_And_Business_Strategy.pdf
Meyersohn, N. (2019) Walmart will recruit high school students with free SAT prep and $1 a day college tuition. CNN Business. Retrieved May 7, 2020 from https://www.cnn.com/2019/06/04/business/walmart-college-tuition-benefit-high-school-students/index.html
Rumpel, S. & Medcof, J. (2006) Total rewards: Good fit for tech workers. Research Technology Management. Retrieved May 7, 2020 from https://www.researchgate.net/profile/John_Medcof/publication/233718407_Total_Rewards_Good_Fit_for_Tech_Workers/links/5b214c87458515270fc6cfdb/Total-Rewards-Good-Fit-for-Tech-Workers.pdf
Study Document
… engage around 200,000 employees (Forbes, 2018). The Walt Disney Company is ranked as one of the best companies to work for. The essential rate of Disney is that they company requires its employees to create amazing experiences for guests and consumers. In order to do this, the … advantage over other companies in the same business.
Role of Human Resources
Most of Disney’s workers are in the United States, where the unemployment rate is very low at 3.6% (BLS, 2020). At that rate, competition for any worker is high, let alone for quality workers. Disney typically competes with a number of other companies in its industries. ……
References
BLS (2020). The employment situation – January 2020. Bureau of Labor Statistics. Retrieved March 2, 2020 from https://www.bls.gov/news.release/pdf/empsit.pdf
Bricker, J. (2020) Disney World investing millions on cast morale. Disney Tourist Blog Retrieved March 2, 2020 from https://www.disneytouristblog.com/disney-world-investing-millions-cast-morale/
Business Balls (2020) Four frame model – Bolman and Deal. Business Balls. Retrieved March 2, 2020 from https://www.businessballs.com/leadership-models/four-frame-model-bolman-and-deal/
Forbes (2018) World’s best employers. Forbes. Retrieved March 2, 2020 from https://www.forbes.com/companies/walt-disney/?list=world-best-employers/#394d24715730
Jones, B. (2018) How Disney empowers its employees to deliver exceptional customer service. Harvard Business Review. Retrieved March 2, 2020 from https://hbr.org/sponsored/2018/02/how-disney-empowers-its-employees-to-deliver-exceptional-customer-service
McLeod, S. (2011) Bolman & Deal frameworks. Big Think. Retrieved March 2, 2020 from https://bigthink.com/bolman-deal-frameworks
Sammer, J. (2019) 5 takeaways from Disney’s tuition benefits. SRHM.org. Retrieved March 2, 2020 from https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/5-takeaways-from-disney-tuition-benefits-approach.aspx
Walt Disney Company (2020) website, various pages. Retrieved March 2, 2020 from https://thewaltdisneycompany.com/forbes-ranks-disney-among-worlds-best-employers-for-2018/
Study Document
…
The economic implications of the coronavirus on the US are going to be big. So far some 30 million Americans have filed for unemployment (Tappe). This is an astounding number, and indicates that the economy of the nation is being severely upset by the virus. However, Latinos … after the war is one such example of the kind of injustices that Latinos have experienced. However, most Latino communities are still very rate to be in America and they view it as a good here or at least better than other countries.
The Latino culture is ……
References
Despres, Cliff. “Coronavirus Case Rates and Death Rates for Latinos in the UnitedStates.” Salud America, 20 Apr 2020. https://salud-america.org/coronavirus-case-rates-and-death-rates-for-latinos-in-the-united-states/
Garcia, J. & Hellerstein, E. (2020). Undocumented workers face obstacles qualifying for benefits during the pandemic. Retrieved from https://calmatters.org/california-divide/2020/04/undocumented-workers-benefits-coronavirus/
Labor Council for Latin American Advancement. “The Impact of COVID 19 on Latinos in the US.” https://assets.website-files.com/5e5f2e17e96a34dcf9b586b4/5e984eab4dd4ffba712e7906_COVID%20_%20Report%20%5BFinal%5D%20for%20web.pdf
Manuel, Jens M. et al. “U.S. Latinos among hardest hit by pay cuts, job losses due to coronavirus.” PewResearch, 3 Apr 2020. https://www.pewresearch.org/fact-tank/2020/04/03/u-s-latinos-among-hardest-hit-by-pay-cuts-job-losses-due-to-coronavirus/
Tappe, Anneken. “30 million Americans have filed initial unemployment claims since mid-March.” CNN, 30 Apr 2020. https://www.cnn.com/2020/04/30/economy/unemployment-benefits-coronavirus/index.html
Study Document
… discusses them with a view to showing that the “best economy ever”—as it is described by President Trump—should not be dependent upon a rate-cutting Fed. A good look at the labor market, wage growth and income inequality may help to explain why the president is so worried … there are signs that this might not be true—and those signs can be seen in terms of how one interprets labor market data (unemployment vs. labor participation rate), wages vs. inflation, and income inequality. Since the Federal Reserve along with the other central banks of the world engaged in unconventional monetary … 500, housing costs, healthcare costs, education costs, or even precious metals (which are known for tracking inflation). Now, with the President calling for rate cuts and the Fed responding with a 25 basis point mid-cycle cut at the end of July, the same issues of wage growth, … not……
References
BBC. (2019). US economy under Trump: Is it the greatest in history? Retrieved from https://www.bbc.com/news/world-45827430
Bernstein, J. (2019). A tight job market is a potent force against inequality and wage stagnation. Retrieved from https://www.washingtonpost.com/outlook/2019/02/01/tight-job-market-is-potent-force-against-inequality-wage-stagnation/?utm_term=.0a531cf24efb
Cox, J. (2019). Private payroll growth tops estimates as job market shows signs of tightening. Retrieved from https://www.cnbc.com/2019/07/31/private-payrolls-up-156k-in-july-vs-150k-est-adpmoodys.html
Harwood, J. (2019). 5 reasons why income inequality has become a major political issue. Retrieved from https://www.cnbc.com/2019/06/05/5-reasons-income-inequality-has-become-a-major-political-issue.html
Study Document
… Policy
Monetary policy is classified as the procedure by which the Federal Reserve uses monetary policy tools to regulate the money supply, exchange rate, and interest rate (the price of money) to stabilize the economy (Labonte, 2020). The interest rate is classified as the cost of borrowing and the reward for saving. The money supply can be defined as the total sum of … reward for saving. The money supply can be defined as the total sum of money that is available in the economy. The exchange rate is the cost of the domestic currency concerning other currencies. The Fed uses various monetary tools, but over the years, they have relied … concerning other currencies. The Fed uses various monetary tools, but over the years, they have relied on open market operations and the discount rate (Labonte, 2020). Open market functions indicate the selling and buying of government securities……
References
Federal Reserve. (2020, March 15). Federal open market committee. Retrieved March 30, 2020, from https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
Labonte, M. (2020). Monetary policy and the Federal Reserve: Current policy and conditions (RL30354). Retrieved from Congressional Research Service website: https://fas.org/sgp/crs/misc/RL30354.pdf
Madimutsa, C. (2008). The Policy Formulation Process. Retrieved from https://www.researchgate.net/publication/336927323_The_Policy_Formulation_Proce ss
McGraw-Hill Education. (n.d.). The role of government. Retrieved from https://www.jasonsclassroom.com/social-studies/cc-basics/chapter-5/lesson-5.3/
Suman, S. (2015, October 26). Monetary policy: Objectives, advantages, and disadvantages. Retrieved from https://www.economicsdiscussion.net/monetary-policy/advantages/monetary-policy-objectives-advantages-and-disadvantages/12768
Study Document
… of health issues that the homeless have to deal with are made worse by other social health determinants including social disconnection, domestic violence, unemployment, poverty, and psychological trauma (Fajardo-Bullón et al, 2019).
Addressing social determinants of health is the preferred way of dealing with the health inequities … Equity through Action on the Social Determinants of Health. Several health programs in the United States including the National Prevention and Health Promotion rate and the National Partnership For Action to End Health Disparities also emphasize addressing health inequities via addressing social health determinants. Social health determinants … healthcare professionals. With poverty, several barriers to care, and complex comorbidities, it is not a surprise that the homeless have very high death rate (Fajardo-Bullón et al, 2019).
In the city of Philadelphia, the age –adjusted death rate of the homeless is nearly four times higher than that of Philadelphia’s general population. While……
References
Andaya, A. (2016). Understanding the Causes Health Disparities among the Homeless. UC Merced Undergraduate Research Journal, 9(1).
Fajardo-Bullón, F., Esnaola, I., Anderson, I., & Benjaminsen, L. (2019). Homelessness and self-rated health: evidence from a national survey of homeless people in Spain. BMC public health, 19(1), 1081.
Koh, H. K., & O’Connell, J. J. (2016). Improving health care for homeless people. Jama, 316(24), 2586-2587.
Plumb J. D. (2000). Homelessness: reducing health disparities. CMAJ : Canadian Medical Association journal = journal de l\\\\\\'Association medicale canadienne, 163(2), 172–173.
Study Document
… Abuse and relation to transgender
Research has indicated that there is a high prevalence of substance abuse amongst transgender people. Clinical studies have rate that high percentages of substance abuse are accredited to individuals facing a gender identity that is on balance with sexual anatomy. Statistics indicate … (Bockting et al., 2013).
Glynn & van den Berg (2017) indicate that in investigating this incongruence between transgender and non-transgender persons, research has rate that there are correlations between substance abuse and trans-specific discrimination and bias. These research findings are in line with the Minority Stress Model, … most part, demographic data about Americans emanate from nationwide or population-oriented surveys such as the census. The downside is that these sources hardly rate questions to ascertain transgender respondents, thereby generating significant knowledge gaps in transgender populations. Also, getting a precise population is challenging because there are … accessibility and treatment, employment opportunities,……
References
Bockting, W. O., Miner, M. H., Swinburne Romine, R. E., Hamilton, A., & Coleman, E. (2013). Stigma, mental health, and resilience in an online sample of the US transgender population. American journal of public health, 103(5), 943-951.
Bockting, W., Coleman, E., Deutsch, M. B., Guillamon, A., Meyer, I., Meyer III, W., ... & Ettner, R. (2016). Adult development and quality of life of transgender and gender-nonconforming people. Current opinion in endocrinology, diabetes, and obesity, 23(2), 188.
Catelan, R. F., Costa, A. B., & Lisboa, C. S. D. M. (2017). Psychological interventions for transgender persons: a scoping review. International Journal of Sexual Health, 29(4), 325-337.
Divan, V., Cortez, C., Smelyanskaya, M., & Keatley, J. (2016). Transgender social inclusion and equality: a pivotal path to development. Journal of the International AIDS Society, 19, 20803.
Drydakis, N. (2020). Trans People, Transitioning, Mental Health, Life, and Job Satisfaction. Handbook of Labor, Human Resources and Population Economics, 1-22.
Glynn, T. R., & van den Berg, J. J. (2017). A systematic review of interventions to reduce problematic substance use among transgender individuals: A call to action. Transgender Health, 2(1), 45-59.
Grossman, A. H., Haney, A. P., Edwards, P., Alessi, E. J., Ardon, M., & Howell, T. J. (2009). Lesbian, gay, bisexual, and transgender youth talk about experiencing and coping with school violence: A qualitative study. Journal of LGBT Youth, 6(1), 24-46.
Jellestad, L., Jäggi, T., Corbisiero, S., Schaefer, D. J., Jenewein, J., Schneeberger, A., ... & Garcia Nuñez, D. (2018). Quality of life in transitioned trans persons: a retrospective cross-sectional cohort study. BioMed research international, 2018.
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