Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics.
In recent times the US economy has been characterised by burgeoning budget and current account deficits and increasing amounts of foreign capital inflows.
This book scientifically tests the assertion that accommodative monetary policy can eliminate the "e;crowd out"e; problem, allowing fiscal stimulus programs (such as tax cuts or increased government spending) to stimulate the economy as intended.
This book pleads for a new orientation of government economic policy, as well as central bank policy, rejecting the traditional government stabilization policy that leads to a dead-end of economic instability and social inequality in the long run.
This book explores Portugal's response to the 2008 economic crisis and how the country regained the trust of the global capital markets through investor support.
Die Finanzkrisen seit 2007 und deren realwirtschaftliche Folgen für fast alle westlichen Industrieländer haben die herausragende Bedeutung von Finanzmärkten und Bankensystemen in den wissenschaftlichen Fokus gerückt.
Written in honor of Emeritus Professor Georges Prat (University of Paris Nanterre, France), this book includes contributions from eminent authors on a range of topics that are of interest to researchers and graduates, as well as investors and portfolio managers.
This book investigates why Austrian economists fail to apply the spontaneous order framework to cooperative relationships - such as a dynamic and evolving public sector - that might complement a thriving market.
Brazil is the most populous economy in Latin America with the second highest GDP among the emerging BRIC economies, after China, and the second per capita GDP among the BRIC economies after Russia.
This book examines the challenges for the life insurance sector in Europe arising from new technologies, socio-cultural and demographic trends, and the financial crisis.
This book sheds new light on if and why, between 2009 and 2015, European governments succeeded or failed in initiating and actually realizing some of the farthest-reaching austerity plans in modern history.
This book revisits the forgotten history of the 'European Dependency School' in the 1970s and 1980s, explores core-periphery relations in the European integration process and the crises of the contemporary European Union from a dependency perspective, and draws lessons for alternative development paths.
This volume features a selection of contributions presented at the 2018 Wroclaw Conference in Finance, which cover a wide range of topics in finance and financial economics, e.
In response to the Global Financial Crisis and the COVID-19 pandemic, central banks have used all available instruments in their monetary policy tool-kit to avoid financial market disruptions and a collapse in real economic activities.
This two-volume work provides a comprehensive overview of the Belt and Road Initiative, examining its impact on economic growth, trade, financial systems and international relations.
This edited volume presents new means of quantifying the behavioral and consequential differences between technology-based and non-technology-based nascent entrepreneurs in varied economies.
This edited collection comprehensively addresses the widespread regulatory challenges uncovered and changes introduced in financial markets following the 2007-2008 crisis, suggesting strategies by which financial institutions can comply with stringent new regulations and adapt to the pressures of close supervision while responsibly managing risk.
This book presents a comparative study of the land settlements and sovereign arrangements between the US government and the three major aggregated groups of indigenous peoples-American Indians, Native Alaskans, and Native Hawaiians-whose land rights claims have resulted in very different outcomes.
Looking at the precedents set by the panic of 1907 and the Great Depression in America, this book investigates the causes of the 2007-2008 financial crisis.
Why our addiction to debt caused the global financial crisis and is the root of our financial woesAdair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation.
From David Card, winner of the Nobel Prize in Economics, and Alan Krueger, a provocative challenge to conventional wisdom about the minimum wageDavid Card and Alan B.
A reevaluation of what money is-and what it might beQuestions about the nature of money have gained a new urgency in the aftermath of the global financial crisis.
The efficiency, safety, and soundness of financial markets depend on the operation of core infrastructure--exchanges, central counter-parties, and central securities depositories.
From Nobel Prizewinning economist Daron Acemoglu, an incisive introduction to economic growthIntroduction to Modern Economic Growth is a groundbreaking text from one of today's leading economists.
Optimal tax design attempts to resolve a well-known trade-off: namely, that high taxes are bad insofar as they discourage people from working, but good to the degree that, by redistributing wealth, they help insure people against productivity shocks.
Essential reading for understanding the international economy-now thoroughly updatedLucid, accessible, and provocative, and now thoroughly updated to cover recent events that have shaken the global economy, Globalizing Capital is an indispensable account of the past 150 years of international monetary and financial history-from the classical gold standard to today's post-Bretton Woods "e;nonsystem.