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During the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant technology today - information and communication technology (ICT) - does...
Persistent link: https://www.econbiz.de/10014474134
The Economics of Restructuring and Intervention carries forward the work of Marx, Kalecki, Keynes and Kaldor in analysing questions of growth, distribution and government intervention. It will be essential reading for all those wishing to understand the massive economic and political shifts as...
Persistent link: https://www.econbiz.de/10014473944
game theory and applications. The editors focus on a select set of issues that stand high on the agenda of academic … understanding of the dilemmas posed for theory and policy. Readers are offered new empirical evidence on such thorny social problems … as, for example, unemployment, the intergenerational transmission of human capital and the response of wages to price and …
Persistent link: https://www.econbiz.de/10014474115
"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...
Persistent link: https://www.econbiz.de/10012416712
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...
Persistent link: https://www.econbiz.de/10012420009
This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment … investment theory, professionals in the financial sector and students of macroeconomics and finance. Investment, Capital Market …
Persistent link: https://www.econbiz.de/10014473824
adding to the existing thought in this area, with insights from game theory, rational choice under uncertainty and new … exposition of the risk/return trade-off and how major capital investment decisions are made within firms. Topics studied include …
Persistent link: https://www.econbiz.de/10014473863
neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false …In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes …
Persistent link: https://www.econbiz.de/10014473927
Economics of Ecological Resources presents new or recently published work on ecological economies, sustainability, poverty, resource degradation and decision-making under uncertainty. The book explores the allocation of resources in jointly determined ecological-economic systems. An introductory...
Persistent link: https://www.econbiz.de/10014473971
differing views regarding the role of economic theory as applied to the real world. William Greer reveals that the intellectual …
Persistent link: https://www.econbiz.de/10014474106