The purpose of this paper is to catalog some of the important findings from the fields of psychology and neurology, and to show potential implications for economics, with particular emphasis on financial markets. The blending of these fields is developing a new sub-field of neuroeconomics known...

Currency Crises, Monetary Union and the Conduct of Monetary Policy is a book of debate and analysis by some of the world’s most eminent economists including four Nobel Laureates, on problems relating to the international monetary system, economic growth and monetary policy.

We analyze the dynamics of a simple growth model in which production occurs with a delay while new capital is installed (time-to-build). The time-to-build technology is shown to yield a system of functional (delay) differential equations with a unique steady state. We demonstrate that the steady...