This book provides a thorough survey of the model-based literature on optimal monetary in a stochastic setting. The survey begins with the literature of the 1970s which focused on the information problem in policy design and extends to the New Keynesian approach of the 1990s which centered on evaluating alternative targeting strategies. New to the second edition is consideration of research since the world financial crisis on the role of financial markets and institutions in the conduct of monetary policy.
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Richard T. Froyen and Alfred V. Guender
Edited by Robert W. Dimand and Harald Hagemann
The most influential and controversial economist of the twentieth century, John Maynard Keynes was the leading founder of modern macroeconomics, and was also an important historical figure as a critic of the Versailles Peace Treaty after World War I and an architect of the Bretton Woods international monetary system after World War II. This comprehensive Companion elucidates his contributions, his significance, his historical context and his continuing legacy.
How Have Economy and Governance Evolved since 500 BC?
This book examines the evolution of Chinese governmental governance and its long-lasting impact on Chinese economic development, firstly by examining the formation of Chinese style governance, the core contents of this governance and its vitality compared to other governance patterns in Chinese history. Secondly, this book discusses the effectiveness of this governance in supporting economic development before the Song dynasty and its failure in serving economic development during the past three to five centuries. Ultimately, Hongjun Zhao predicts the direction Chinese governance will take in the next 20 years.
Edited by Giuseppe Eusepi and Richard E. Wagner
The original chapters in this book connect the microeconomic and macroeconomic approaches to public debt. Through their thought-provoking views, leading scholars offer insights into the incentives that individuals and governments may have in resorting to public debt, thereby promoting a clearer understanding of its economic consequences.
The Life and Work of Arthur (A.J.) Brown
This biography of the applied English economist Arthur (A.J.) Brown, an English economist from the late 1930s to the 1980s, sets his work in the context of the Great Depression, the emergence of Oxford University as a centre of applied economic research, the contraction of British colonialism in Africa, the enlarging of the UK university system, the post –war arms race, the UK joining the Common Market, and significant changes in the industrial structure of Britain.
Roderick Floud, Robert William Fogel, Bernard Harris and Sok Chul Hong
This research review offers an essential guide to debates about the causes and consequences of the decline of mortality and the improvement of human health over the last three centuries. It discusses the early-life origins of adult health and disease, changes in height, weight and body mass, the definition and measurement of the ‘standard of living’, and the economic and social impact of health improvements.
Walter A. Friedman and Geoffrey Jones
This wide-ranging research review assembles formative articles that demonstrate how business history emerged as a discipline from the interwar years until the present day. The essays, drawn from authors in the United States, Europe, Asia and Latin America, document the remarkable intellectual achievements of the field, as well as exploring the challenges it faced securing a wider impact on other disciplines.
Edited by Thomas Cate
The comprehensive Encyclopedia features accessible, informative and provocative contributions by leading international scholars working in the tradition of Keynes. It brings together widely dispersed yet theoretically congruent ideas, presents concise biographies of economists who have contributed to the debate on Keynes and the Keynesian Revolution, and outlines the basic principles, models and tools used to discuss the economic consequences of The General Theory.
Hans Landström and Franz T. Lohrke
This research review includes classic works on the theoretical foundations of entrepreneurship research and provides important groundwork for future investigations. Professor Landstrm and Professor Lohrke have carefully selected the seminal, currently relevant and, in many cases, difficult-to-access studies within the field, covering the entrepreneurial processes of opportunity recognition, evaluation and exploitation. Reflecting the heavily interdisciplinary nature of the research, many of the papers have a basis in the spheres of economics, social sciences and strategic management.