Volatility and Growth or Public Speaking

Volatility and Growth (Clarendon Lectures in Economics Series)

Author: Phillipe Aghion

It has long been recognized that productivity growth and the business cycle are closely interrelated. Yet, until recently, the two phenomena have been investigated separately in the economics literature. This book provides the first consistent attempt to analyze the effects of macroeconomic volatility on productivity growth, and also the reverse causality from growth to business cycles. The authors show that by looking at the economy through the lens of private entrepreneurs, who invest under credit constraints, one can go some way towards explaining persistent macroeconomic volatility and the effects of volatility on growth. Beginning with an analysis of the effects of volatility on growth, the authors argue that the lower the level of financial development in a country the more detrimental the effect of volatility on growth. This prediction is confirmed by cross-country panel regressions. The data also suggests that a fixed exchange rate regime or more countercyclical budgetary policies are growth-enhancing in countries with a lower level of financial development. The former reduce aggregate volatility whereas the latter reduce the negative effects of volatility on long-term productivity-enhancing investment by firms. The book concludes with an investigation into how the interplay between credit constraints and pecuniary externalities is sufficient to generate persistent business cycles and to explain the occurrence of currency crises.

Table of Contents:

Introduction

0. Modeling Credit Markets

1. Volatility and Growth: AK versus Schumpeterian Approach

2. Financial Development and the Effects of Growth on Volatility

3. Endogeneizing Volatility: Pecuniary Externalities and the Credit Channel

4. Endogenous Volatility in an Open Economy

5. The Third Generation Approach to Currency Crises

Conclusion

Go to: Festival and Special Event Management or Swarm Creativity

Public Speaking

Author: Michael Osborn

Public Speaking, 8/e

Michael Osborn, University of Memphis

Suzanne Osborn, University of Memphis

Randall Osborn, University of Memphis

 

 

Centered around three core objectives — helping you develop vital communication skills, encouraging you to adapt as you speak to diverse audiences, and increasing your sensitivity to the ethical impact of words — Public Speaking offers you both practical advice for speaking in public and an understanding of why such advice works.  The Eighth Edition concentrates on greater simplicity, clarity, and accessibility, offering you a functional approach to informative speaking and emphasizing the ethics of persuasive speaking. These ideas come to life through examples from real student and professional speeches, exercises at the end of each chapter, and a variety of boxed features throughout the text.

 

New and Enduring Features of the Eighth Edition:

• Explores the speech development process from start to finishusing the Stairway to Speech Success Model to help you get started on preparing your first presentation.
• Addresses "Communication Anxiety" when you need it most — as you are preparing to give your first presentation.

• Allows you to practice skills in small group settings or on your own with the Exploration and Application Exercises found at the end of each chapter.

 

 

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Public Speaking 8e is available with MySpeechLab, a dynamic, interactive online resource that gives you everything you need to succeed in your Public Speaking course — all in one easy-to-use Web site.  Log on to and find a wealth of videos, practice exams & tests, interactive activities, and much more!

 

Praise for Public Speaking:

 

“This text is great; it can be used for first year speech courses and advanced as well. The figure charts, “Ethics Alert” boxes, Speaker’s Notes… all simply outperform other texts.” - Dave Berg, Weber State University

 

“This book is unique because of its writing style. I have been pleasantly surprised to find out how much I enjoy reading the chapters and even find myself more inspired to teach and practice public speaking better. I feel that the authors write out of a sense of conviction about this craft and incorporate authentic and relevant examples to illustrate the concepts principles and ethics.” - Dorothy Collins, Texas A&M University