homepage: www.elsevier.com/locate/enpol Impact of oil price shocks on selected macroeconomic variables in Nigeria Akin Iwayemi 1‚ Babajide Fowowe n Department of Economics‚ University of Ibadan‚ Ibadan‚ Nigeria a r t i c l e in f o Article history: Received 14 January 2010 Accepted 20 October 2010 Available online 11 November 2010 Keywords: Oil price shocks Nonlinear models Nigeria abstract The impact of oil price shocks on the macroeconomy has received a great deal of attention since
Premium Inflation Price of petroleum OPEC
Expatriates versus Repatriates The cultural adjustment Introduction The culture shock that expatriates and repatriates experience is different in some ways‚ but weigh about equally the same. First of all‚ the explanation of culture shock itself is a phenomenon that all expatriates experience when they travel abroad for any kind of purposes they have (Internations.org‚ 2013). The phenomenon in which we can also describe as when the people around
Premium Culture
Graduate School of International Economics and Finance‚ MS-021‚ Brandeis University‚ Waltham‚ MA 02454‚ USA Received 27 May 1998; received in revised form 20 October 2000; accepted 7 April 2001 Abstract This paper analyzes the role of world price shocks – fluctuations in the prices of capital‚ intermediate‚ and primary goods‚ and in the world real interest rate – in the generation and propagation of business cycles in small open developing countries. I construct a stochastic dynamic multi-sector small
Premium Developing country International trade Developed country
switches were labeled with terms including "slight shock‚" "moderate shock" and "danger: severe shock." Each participant took the role of a "teacher‚" who would then deliver a shock to the "student" every time an incorrect answer was produced. While the participant believed that he was delivering real shocks to the student‚ the student was actually a confederate in the experiment who was simply pretending to be shocked. The order to administer shocks are given to subject in context of “learning experiment”
Premium Milgram experiment Stanford prison experiment Psychology
Chronic Respiratory Failure Shelby Lynch Date of Care: 03/19/2013 Chamberlain College of Nursing NR 340: Critical Care |Assessment |Medical/Nursing Diagnoses |Treatment | |Brief review of the patient |Medical Diagnoses: |Therapeutic Modalities
Premium Hypertension
Sonya Lane Unit 2: Managing Paediatric Illness and Injury. Accidents will happen however careful you carry out risk assessments and supervise children. That is why it is recommended that practitioners take a first aid course. There has to be at least one first aider present at all registered settings. The aims of first aid are often remembered as the three p’s‚ these are: Preserve Life. Prevent the condition from worsening. Promote recovery. Sometimes first aid is all that is necessary- for
Premium Burn Bone fracture
differed with their conscience. The study is used to show the aim that Stanley Milgram himself placed to see the willingness of the participant to obey use pain if one of the participants got an answer wrong. Overall‚ 65% of the participants gave shocks up to 450 volts (obeyed) and 35% stopped sometime before 450 volts. During the study many participants showed signs of nervousness and tension. Participants sweated‚ trembled‚ stuttered‚ bit their lips‚ groaned‚ dug fingernails into their flesh‚ and
Premium Stanford prison experiment Psychology Milgram experiment
provides insight into her argument of modernity numbing the masses. Shocks were ever present in the modern world in the forms of entertainment too. As life rapidly changed and became mechanized‚ people indulged in these escapes from reality as a cope mechanism. It was to the point where nothing could be
Premium Art Modernism Aesthetics
As the process was rigged‚ they all ends up being teacher and the learner is the confederate. (Meyer 97; Wortman‚ Loftus and Weaver 608-9; Franzoi 297). Before the experiment start‚ the participant (teacher) was being given a 45-volt shock to let them relate to what the learner will be experiencing and to make them believe that the generator is authentic. (Franzoi 297; Meyer 98; Wortman‚ Loftus and Weaver 608-9). The learner is in one room‚ the teacher and the experimenter (wearing a
Premium Psychology Stanford prison experiment Milgram experiment
output. In the short run‚ a profit-maximizing firm will increase production if marginal cost is less than marginal revenue and decrease production if marginal cost is greater than marginal revenue. 4. What are the implications of demand and real shocks in the two-curve model (with only the Solow growth curve and
Premium Macroeconomics Inflation Economics