This timely book makes a forceful argument that the analyses from behavioral economists are incomplete, the policies advocated by libertarian paternalists are misguided and unethical, and both actually reinforce the cognitive biases and dysfunctions that motivate 'nudges' in the first place. In...

The financial crisis of 2008 is probably the single most important economic event in post-war history. Macroprudential policy is the response to that crisis - a determined attempt to stabilize the financial system. This book explains why it is necessary, who will be responsible for executing...

Einführung: Das Allokationsproblem und seine Lösung durch den Markt -- Einführung: Das Allokationsproblem und seine Lösung durch den Markt -- Gütermärkte -- Angebot, Nachfrage und Marktgleichgewicht bei Vollkommener Konkurrenz -- Ursachen, Folgen und Grenzen von Marktmacht -- Strategischer...

Vorwort, Einführung -- Grundlagen der Volkswirtschaftslehre -- Nachfrage, Angebot und Marktgleichgewicht -- Elastizitäten -- Unternehmen und Märkte -- Einkommen, Produktion und Wachstum -- Inflation und Geldpolitik -- Arbeitsmarkt -- Internationaler Handel -- Marktversagen -- Eingriffe des...

Introduction -- A Brief Survey of the Literature -- The Closed Economy: The Solow Model -- Overlapping Generations -- Infinite Horizon -- The Small Open Economy: The Solow Model -- Overlapping Generations -- Two Countries: The Solow Model -- Synopsis -- Conclusion -- Result

The taxation of bequests has long been and still is subject to intensive discussions in many industrialized countries. Triggered by these discussions, Verena Kley analyzes the taxation of bequests from economic perspectives, focusing on wealth transfers of very rich individuals. Given empirical...

The process of globalization is dynamic in the direction of increasing integration. The effects of economic events in one part of the world affect economic affairs in other parts of the world. This book focuses on the role of the state in IEFP and also explores how institutions and trade affect...

This book analyzes of the surplus of production capacity in China. According to a government statement, there is a serious surplus of productive capacity in the steel, cement, glass, aluminum, and shipbuilding industries. There was no surplus of productive capacity in above industries between...