Basing his proposal on plans developed by New Deal social welfare administrators, Harvey analyzes the feasibility and desirability of using public sector job creation to secure a right to employment.
The author is concerned with whether or not surveys of consumer anticipations can improve predictions of purchase behavior relative to predictions that use only objective variables obtainable at the same date.
Professor Green discusses the definition of consistent aggregation and the problem of grouping variables in a single equation; he deals with the aggregation of equations and the probable errors; and summarizes, with reference to the text, the considerations involved in selecting an appropriate form of aggregation.
The problem of economic integration is treated from a purely theoretical standpoint in a manner which far exceeds in thoroughness any prior attempt to deal with this problem in a similar fashion.
If any single characteristic differentiates current, neoclassical economics from the classical economics of Adam Smith and David Ricardo, it is the use of mathematics.
Governments use them to sell everything from oilfields to pollution permits, and to privatize companies; consumers rely on them to buy baseball tickets and hotel rooms, and economic theorists employ them to explain booms and busts.
A concise and rigorous introduction to widely used approaches in structural econometric modeling Structural econometric modeling specifies the structure of an economic model and estimates the model's parameters from real-world data.
An indispensable survey of new developments and results in experimental economicsWhen The Handbook of Experimental Economics first came out in 1995, the notion of economists conducting lab experiments to generate data was relatively new.
A richly transdisciplinary account of some fundamental characteristics of human societies and behaviorIn this book, acclaimed economist Herbert Gintis ranges widely across many fields-including economics, psychology, anthropology, sociology, moral philosophy, and biology-to provide a rigorous transdisciplinary explanation of some fundamental characteristics of human societies and social behavior.
The essential textbook for learning game theory strategiesGame Theory in Action is a textbook about using game theory across a range of real-life scenarios.
While traditional price theory has successfully elucidated national income distribution in a perfectly competitive economy, little is known today about the overall working of a noncompetitive economy.
Neoclassical Finance provides a concise and powerful account of the underlying principles of modern finance, drawing on a generation of theoretical and empirical advances in the field.
Annuities are financial products that guarantee the holder a fixed return so long as the holder remains alive, thereby providing insurance against lifetime uncertainty.
The standard theory of decision making under uncertainty advises the decision maker to form a statistical model linking outcomes to decisions and then to choose the optimal distribution of outcomes.
An authoritative and comprehensive graduate textbook on the modern insurance sectorThe traditional role of insurers is to insure idiosyncratic risk through products such as life annuities, life insurance, and health insurance.
In economics, the emergence of New Growth Theory in recent decades has directed attention to an old and important problem: what are the forces of economic growth and how can public policy enhance them?
Quantal Response Equilibrium presents a stochastic theory of games that unites probabilistic choice models developed in psychology and statistics with the Nash equilibrium approach of classical game theory.
This book originated from a 2010 conference marking the fortieth anniversary of the publication of the landmark Phelps volume, Microeconomic Foundations of Employment and Inflation Theory, a book that is often credited with pioneering the currently dominant approach to macroeconomic analysis.
Why we need to heed the lessons of high inflationToday's global economy, with most developed nations experiencing very low inflation, seems a world apart from the "e;Great Inflation"e; that spanned the late 1960s to early 1980s.
In 1936 John Maynard Keynes published a book that he believed would revolutionise the way the world thinks about economic problems: The General Theory of Employment, Interest, and Money.
In 1936 John Maynard Keynes published a book that he believed would revolutionise the way the world thinks about economic problems: The General Theory of Employment, Interest, and Money.
Over the past few decades, matching models, which use mathematical frameworks to analyze allocation mechanisms for heterogeneous products and individuals, have attracted renewed attention in both theoretical and applied economics.
Over the past few decades, matching models, which use mathematical frameworks to analyze allocation mechanisms for heterogeneous products and individuals, have attracted renewed attention in both theoretical and applied economics.
*AN INTERNATIONAL BESTSELLER*WINNER OF THE POLITIKEN LITERATURE PRIZE 2024'Brilliantly rewrites the history of economic thought to place 'her story' at its heart.
The largest political constituency in the United States is the care majority — the parents, daughters, sons, aunts, paid caregivers, and care recipients whose lives turn on the work of holding other people together.
A FINANCIAL TIMES BEST BOOK OF 2024The world-renowned economist offers a ground-breaking new vision for inclusive prosperityLeft behind places can be found in prosperous countries from South Yorkshire, integral to the industrial revolution and now England s poorest county, to Barranquilla, once Colombia s portal to the Caribbean and now struggling.
'An inspiring, rip-roaring read - like the astonishing story it describes' Liam Halligan, Daily TelegraphWhere does prosperity come from, and how does it spread through a society?
