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1. Introduction : the world economy in historical perspective -- 2. Economic growth and development : a very long-run view -- 3. Growth theories : old and new -- 4. Managing aggregate economic instability : from Keynes to Lucas -- 5. International economic integration in the Second Global Age.
Persistent link: https://www.econbiz.de/10012420073
demonstrates the considerable influence that his work on economic theory has had on his contemporaries, and the profession as a … / Mark Roberts -- Endogenous growth theory : a partial critique / Philip Arestis and Malcolm Sawyer -- The nature of economic … growth and the neoclassical approach. : more questions than answers? / John McCombie -- On the core of macroeconomic theory …
Persistent link: https://www.econbiz.de/10011850558
. Blanchflower and Andrew J. Oswald (2004), 'Well-being Over Time in Britain and the USA', Journal of Public Economics, 88 (7 …, 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
This timely book rethinks economic theory and policy by addressing the problem of economic instability and the need to …
Persistent link: https://www.econbiz.de/10011850887
. This paper proposes a simple theory of skill-biased change in entrepreneurial technology that fits with cross …
Persistent link: https://www.econbiz.de/10009011635
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
This paper contributes a theoretical model to study the effects of short-term movements of skilled labour on a country's economic growth. As traditional migration models emphasise the long-term effects of migration on factor endowments, they typically omit the analysis of gross labour flows....
Persistent link: https://www.econbiz.de/10003331854
We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...
Persistent link: https://www.econbiz.de/10003920009
This paper analyses the relation between US inflation and unemployment from the perspective of "frictional growth," a phenomenon arising from the interplay between growth and frictions. In particular, we examine the interaction between money growth (on the one hand) and various real and nominal...
Persistent link: https://www.econbiz.de/10003586564
In this paper we develop a new empirical approach to uncovering the impact of social attitudes on economic development. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their forebears. In the spirit of the epidemiology literature,...
Persistent link: https://www.econbiz.de/10003591473