Macroeconomics

The recent financial crisis and the difficulty of using mainstream macroeconomic models to accurately monitor and assess systemic risk have stimulated new analyses of how we measure economic activity and the development of more sophisticated models in which the financial sector plays a greater role.

Economic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are key institutions for achieving these goals.

At the close of the Second World War, when industrialized nations faced serious trade and financial imbalances, delegates from forty-four countries met in Bretton Woods, New Hampshire, in order to reconstruct the international monetary system.

This volume provides a critical evaluation of Anna J.

As Japan's decade-long economic stagnation continues, there has been much analysis of the immediate macroeconomic problems that confront the Japanese economy.

During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows.

The past decade has witnessed a decline in saving throughout the developed world-the United States has the dubious distinction of leading the way.

Controlling inflation is among the most important objectives of economic policy.

Geography and Ownership as Bases for Economic Accounting provides a forum for leading specialists in trade and international economics to explore whether changes in the world economy have increased the usefulness of international accounts drawn up on the basis of ownership rather than on geography.

The realities of mounting government debt, tax burdens, and an aging population raise serious concerns about the financial legacy confronting future generations.

Conventional wisdom held that housing prices couldn't fall.

The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issues like tax rates and government spending.

Why national and international equality matter and what we can do to ensure a fairer worldIn The Globalization of Inequality, distinguished economist and policymaker Francois Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries.

Before 2007, economists thought that financial crises would never happen again in the United States, that such upheavals were a thing of the past.

Why did some firms weather the financial crisis and others not?

In Asset Management: A Systematic Approach to Factor Investing, Professor Andrew Ang presents a comprehensive, new approach to the age-old problem of where to put your money.

While standard accounts of the 1930s debates surrounding economic thought pit John Maynard Keynes against Friedrich von Hayek in a clash of ideology, this reflexive dichotomy is in many respects superficial.

Sovereign wealth funds are a growing and dynamic force in international finance.

Measuring innovation is a challenging task, both for researchers and for national statisticians, and it is increasingly important in light of the ongoing digital revolution.

Selected as a Financial Times Best Book of 2013Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse.

This Oxford Handbook provides a fresh overall view and interpretation of the modern economic growth of one of the largest European countries, whose economic history is less known internationally than that of other comparably large and successful economies.

On tax day, April 15, 2010, hundreds of thousands of Americans took to the streets with signs demanding lower taxes on the richest one percent.

This graduate textbook is a primer in macroeconomics.

During the 1970s, monetarism and the new classical macroeconomics ushered in an era of neoliberal economic policymaking.

Like the United States today, Renaissance Florence and Victorian Britain were the richest, most dynamic economic systems of their times.

Before 2007, economists thought that financial crises would never happen again in the United States, that such upheavals were a thing of the past.

India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world.

Why did some firms weather the financial crisis and others not?

India is not only the world's largest and fiercely independent democracy, but also an emerging economic giant.

Expectations, Employment and Prices brings Keynesian economics into the 21st century by providing a new paradigm that explains how high unemployment could potentially persist forever without a little help from the government.

The corporate world is typically structured in silos.

During the 1970s, monetarism and the new classical macroeconomics ushered in an era of neoliberal economic policymaking.

This book presents a comprehensive study of the most famous and spectacular instance of inflation in modern industrial society--that in Germany during and following World War I.

This book offers a reassessment of the international monetary problems that led to the global economic crisis of the 1930s.

The first World Climate Conference, which was sponsored by the World Meteorological Organization in Geneve in 1979, triggered an international dialogue on global warming.

While standard accounts of the 1930s debates surrounding economic thought pit John Maynard Keynes against Friedrich von Hayek in a clash of ideology, this reflexive dichotomy is in many respects superficial.

As Wall Street rose to dominate the U.

Tomas Sedlacek has shaken the study of economics as few ever have.

Tomas Sedlacek has shaken the study of economics as few ever have.

Selected as a Financial Times Best Book of 2013Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse.

The Austrian School of Economics is an intellectual tradition in economics and political economy dating back to Carl Menger in the late-19th century.

Women now receive more college degrees than men, and enter the workforce with better job opportunities than ever before.

Our prosperity requires the enterprise of innumerable individuals and businesses who exercise their imagination and judgment-and bear responsibility for outcomes.

This graduate textbook is a primer in macroeconomics.

Our prosperity requires the enterprise of innumerable individuals and businesses who exercise their imagination and judgment-and bear responsibility for outcomes.

Originally written for a conference of the Federal Reserve, Gary Gorton's "e;The Panic of 2007"e; garnered enormous attention and is considered by many to be the most convincing take on the recent economic meltdown.

This book presents a comprehensive study of the most famous and spectacular instance of inflation in modern industrial society--that in Germany during and following World War I.

Derived from the 2001 Santa Fe Institute Conference, "e;The Economy as an Evolving Complex System III,"e; represents scholarship from the leading figures in th area of economics and complexity.

Originally written for a conference of the Federal Reserve, Gary Gorton's "e;The Panic of 2007"e; garnered enormous attention and is considered by many to be the most convincing take on the recent economic meltdown.