Showing 1 - 10 of 417
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...
Persistent link: https://www.econbiz.de/10011851797
), S164-S187 -- David Bowman, Deborah Minehart and Matthew Rabin (1999), 'Loss Aversion in a Consumption-savings Model …, D. and Tversky, A. (1979), 'Prospect theory: An analysis of decision under risk', Econometrica, 46, 263-91. -- Keynes, J ….M. (1936), The General Theory of Employment, Interest and Prices, London: Macmillan. -- Knabe, A., Rätzel, S., Schöb, R. and …
Persistent link: https://www.econbiz.de/10011852162
Monetary Scenarios is an original synthesis of post Keynesian macroeconomic and monetary theory with the new …
Persistent link: https://www.econbiz.de/10014473926
In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … arrive at an alternative to the neoclassical theory of investment. Professor Gordon demonstrates that the extension of … neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false …
Persistent link: https://www.econbiz.de/10014473927
This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...
Persistent link: https://www.econbiz.de/10011850704
With global finance reshaping the world economy, this insightful new book provides a full account of the EU's financial integration strategy, together with a critical assessment arguing the case for social control over global finance. Written by acknowledged experts in European finance, this...
Persistent link: https://www.econbiz.de/10011850729
This book highlights the achievements and challenges of the ongoing process of financial integration in Europe. This unique collection will be of great interest to economists and experts in the fields of financial markets and European integration from central, commercial and investment banks,...
Persistent link: https://www.econbiz.de/10011851237
The prime focus of the book is on Malaysia's radical policy decision to pursue an independent recovery path, cut off from world markets by a system of capital control, as a viable alternative to the conventional market centred approach. The analysis suggests that, against the initial dire...
Persistent link: https://www.econbiz.de/10011851549
Globalization is widely regarded as a means not only of ensuring efficiency and growth, but also of achieving equity and development for those countries operating in the global economy. The book argues that this perception of globalization as the road to development has lost its lustre. The...
Persistent link: https://www.econbiz.de/10011851670
The global financial crisis and its aftermath saw boom-bust cycles in cross-border capital flows of astounding magnitude. Issues of capital account liberalization and the imposition of capital controls are back in the headlines, and on researchers' agendas. This comprehensive and timely research...
Persistent link: https://www.econbiz.de/10011852202