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The J is steeper on the left hand side, as it is easier for a leader in a failed state to create stability by closing the country than to build a civil society and establish accountable institutions; the curve is higher on the far right than left because states that prevail in opening their societies (Eastern Europe, for example) ultimately ...
The country's imports become more expensive and exports become cheaper due to the change in relative prices, and the Marshall-Lerner condition implies that the indirect effect on the quantity of trade will exceed the direct effect of the country having to pay a higher price for its imports and receive a lower price for its exports.
James Chowning Davies (May 6, 1918 – March 30, 2012) was an American sociologist and professor emeritus of political science at the University of Oregon. [1] Davies is perhaps best known for his so-called "J curve" theory of political revolutions, which seeks to explain the rise of revolutionary movements in terms of rising individual expectations and falling levels of perceived well-being.
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In thermodynamics, the Joule–Thomson effect (also known as the Joule–Kelvin effect or Kelvin–Joule effect) describes the temperature change of a real gas or liquid (as differentiated from an ideal gas) when it is expanding; typically caused by the pressure loss from flow through a valve or porous plug while keeping it insulated so that no heat is exchanged with the environment.
English: The J curve shows the effect of a devaluation of a currency on the net export (exports minus imports). When the devaluation takes place at t the net export falls from A to B, since the level of import is unchanged, but the currency is worth less.
This effect is strongest among women of low socioeconomic status and in the central and late phases of fertility. Two recent studies in the United States show, that in some circumstances, families whose income has increased will have more children. [38] This may be explained by Fertility J-curve.
Here are some Mandela effect examples that have confused me over the years — and many others too. Grab your friends and see which false memories you may share. 1.