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Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...
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State and Local Finances under Pressure explores the future of state and local government fiscal systems given the numerous pressures they face from economic, legal, technological, demographic and political forces. It explores how these multiple forces play out in terms of the changes state and...
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account -- Land prices and business fixed investment in Japan -- Rationality, behavior and switching idiosyncracies in the …
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. While synthesizing the Keynesian theory of consumption with the Institutional theory of habit selection (brought up to date …1. Consumer credit and effective demand -- 2. The household debt surge and the theory of habit selection -- 3. A brief …, inequality and globalization -- 8. Final remarks …
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