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The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of the Eurosystem against a number of requirements. To do...
Persistent link: https://www.econbiz.de/10013520716
Globalization and National Economic Welfare makes an original, powerful and timely contribution to a highly topical issue that affects all countries by showing why globalization is unsustainable in the long term without fundamental changes in existing attitudes and institutions. The book...
Persistent link: https://www.econbiz.de/10012054073
Liquidity is a core resource and its management is a core activity of banks. Nevertheless, liquidity management has not received much attention during the last decades, as liquidity has not been perceived as scarce. This perception has clearly changed during the ?nancial crisis 2007/2009. Facing...
Persistent link: https://www.econbiz.de/10013522715
The recent turmoil on financial markets has made evident the importance of efficient liquidity risk management for the stability of banks. The measurement and management of liquidity risk must take into account economic factors such as the impact area, the timeframe of the analysis, the origin...
Persistent link: https://www.econbiz.de/10014016173
Today, the most pressing challenges for public economics are of macroeconomic nature: pensions, debt, income distribution, and fiscal sustainability. All these problems are compounded by the phenomenon of demographic transition and aging. This graduate textbook addresses these issues with the...
Persistent link: https://www.econbiz.de/10012397071
, coercion, public goods, climate change, and voting theory. The book offers an excellent overview over latest research in these …
Persistent link: https://www.econbiz.de/10014019526
In this ambitious book, the authors challenge mainstream economic theory by reconsidering the principle of …In this book the authors challenge mainstream economic theory by removing the principle of individualism from its …
Persistent link: https://www.econbiz.de/10013520483
Kuklys examines how Nobel Prize-winning economist Amartya Sen?s approach to welfare measurement can be put in practice for poverty and inequality measurement in affluent societies such as the UK. Sen argues that an individual?s welfare should not be measured in terms of her income, but in terms...
Persistent link: https://www.econbiz.de/10013520489
-Best Culture, and the Theory of Regulation -- Public Utility Pricing and Capacity Choice with Stochastic Demand -- Bidimensional … Advantage -- On Kolm's Use of Epistemic Counterfactuals in Social Choice Theory -- Optimal Redistribution in the Distributive … with different population sizes? How can domain conditions in social choice theory be justified using Kolm's epistemic …
Persistent link: https://www.econbiz.de/10014015300
Persistent link: https://www.econbiz.de/10013520619