Recently there has been a resurgence of interest in the study of optimal monetary policy under uncertainty. This book provides a thorough survey of the literature that has resulted from this renewed interest. The authors ground recent contributions on the 'science of monetary policy' in the...

"Presenting innovative modelling approaches to the analysis of fiscal policy and government debt, this book moves beyond previous models that have relied upon the assumption that various age-specific rates and policy variables remain unchanged when it comes to generating government expenditures...

Preface -- 1. Introduction -- 2. Growth and distribution: the last 300 years -- 3. Growth and distribution: the Kaleckian perspective -- 4. An integration of the real and the monetary economy -- 5. Financial flows, distribution and capital controls -- 6. Epilogue: challenges and possibilities.

Recommended readings (Machine generated): Michael R. Baye and John Morgan (2001), 'Information Gatekeepers on the Internet and the Competitiveness of Homogeneous Product Markets', American Economic Review, 91 (3), June, 454-74 -- Jean-Charles Rochet and Jean Tirole (2003), 'Platform Competition...

1. Innovation, entrepreneurship and culture, a matter of interaction between technology, progress and economic growth? : an introduction -- 2. Conceptualizing innovation management and culture in the Hong Kong Special Administrative Region (HKSAR) : an exploratory study of organization-specific...

Machine generated contents note: 1 Technology and entrepreneurship 1 -- 2 Knowledge, innovation and firm size 24 -- 3 Local geographic spillovers 44 -- 4 Sectoral characteristics 63 -- 5 Innovation of entrepreneurial firms 74 -- 6 Capital structure, innovation and firm size 98 -- 7 Employment...

1. An investigation on the growth performance of small tourism countries -- 2. Forecasting international tourism demand and uncertainty for Barbados, Cyprus and Fiji -- 3. Land, environmental externalities and tourism development -- 4. Tourism, increasing returns and welfare -- 5. How to develop...

1. Growth theory in the history of thought -- 2. Neoclassical and 'new' growth theory : a critique -- 3. Manufacturing industry as the engine of growth -- 4. A demand-oriented approach to economic growth : export-led growth models -- 5. Balance of payments constrained growth : theory and...

"After more than four decades of real income stagnation, ever-increasing inequality and household financial distress, this book explores how the very fabric of our society is under threat. It argues that although capitalism is imperfect, it can be improved, and harnessing its forces of...

Knowledge, Technological Catch-up and Economic Growth investigates the relationship between knowledge diffusion and economic growth. Using a broad definition of knowledge - encompassing technology, production skills, know-how and firm capabilities - the central argument of the book is that the...