Due to financial market imperfections it is imperative to analyse the relationship between financial structure and the monetary policy transmission process in Europe to effectively design and implement European monetary policy. Focusing on the years 1980-1995 and providing empirical evidence for...

Most of the existing literature on European history of economic thought concentrates on the major works of leading figures such as von Böhm-Bawerk, Menger, Pareto, Walras, Weber and Wicksell. These economists exerted enormous influences on the development of economics, despite their differing...

This book provides coherent theoretical and empirical analysis of firms' investment and financing decisions. It assesses the role of uncertainty, financial imperfections, corporate governance and taxation. Evidence is obtained using several unique and high quality microeconomic data-sets, which...

Is growth theory a real subject? /Franklin M. Fisher --What is endogenous growth theory? /Mark Roberts and Mark Setterfield --Is the natural rate of growth exogenous? /Miguel Leon-Ledesma and A.P. Thirlwall --The representative firm and increasing returns : then and now /Stephanie Blankenberg...

This book argues that active labour market policies are necessary to improve the position of the unemployed but have so far performed relatively poorly. The contributing authors seek ways to improve active labour market policy and consider three means of doing so: improving the quality by better...

This book seeks to gain a better understanding of the paradoxical relationship between the alleged need of European labour markets to become more flexible and the way in which national policies pursue this aim without jeopardising existing high standards of income and employment security....

This book examines innovative theoretical perspectives and novel labour market policy responses to Europe's changing work demands, employment careers and life courses. It presents creative ideas and recommendations for flexicurity policies at various levels and in different social and economic...

The last two decades have seen a reshaping of the international economy together with a radical weakening in the conditions of the working class. New productive techniques and methods in the organization of labour have been implemented on a world-wide scale partly as a consequence of the...

The sectoral composition of economies is fundamental to the understanding of growth, unemployment and the relative performance of nations. Henri de Groot models the relationship between these four factors from a single theoretical perspective in order to determine the foundations of the wealth...

The impact of technical change on employment is investigated in this important new book which offers a critical appraisal of how far current economic analysis and theory can deal with this key policy issue. The Economics of Technology and Employment addresses the impact of technical change on...