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Variations in the foreign exchange market influence all aspects of the world economy, and understanding these dynamics is one of the great challenges of international economics. This book provides a new, comprehensive, and in-depth examination of the standard theories and latest research in...
Persistent link: https://www.econbiz.de/10010862618
This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published <i>Theory of Games and Economic Behavior</i>....
Persistent link: https://www.econbiz.de/10005797578
If "slavery" is defined broadly to include bonded child labor and forced prostitution, there are upward of 25 million slaves in the world today. Individuals and groups are freeing some slaves by buying them from their enslavers. But slave redemption is as controversial today as it was in...
Persistent link: https://www.econbiz.de/10005696683
Commercial banks are among the oldest and most familiar financial institutions. When they work well, we hardly notice; when they do not, we rail against them. What are the historical forces that have shaped the modern banking system? In Unsettled Account, Richard Grossman takes the first truly...
Persistent link: https://www.econbiz.de/10011185606
Harvard professor Henry Spearman—an ingenious amateur sleuth who uses economics to size up every situation—is sent by an American entrepreneur to Cambridge, England. Spearman’s mission is to scout out for purchase the most famous house in economic science: Balliol Croft, the former...
Persistent link: https://www.econbiz.de/10011093928
Questions about the nature of money have gained a new urgency in the aftermath of the global financial crisis. Even as many people have less of it, there are more forms and systems of money, from local currencies and social lending to mobile money and Bitcoin. Yet our understanding of what money...
Persistent link: https://www.econbiz.de/10011093930
Applied econometrics, known to aficionados as 'metrics, is the original data science. 'Metrics encompasses the statistical methods economists use to untangle cause and effect in human affairs. Through accessible discussion and with a dose of kung fu–themed humor, Mastering 'Metrics presents...
Persistent link: https://www.econbiz.de/10011093931
Applied econometrics, known to aficionados as 'metrics, is the original data science. 'Metrics encompasses the statistical methods economists use to untangle cause and effect in human affairs. Through accessible discussion and with a dose of kung fu–themed humor, Mastering 'Metrics presents...
Persistent link: https://www.econbiz.de/10011093932
The exchange rate is the most important price in any economy, since it affects all other prices. Exchange rates are set, either directly or indirectly, by government policy. Exchange rates are also central to the global economy, for they profoundly influence all international economic activity....
Persistent link: https://www.econbiz.de/10011093935
Cinnamon Bay Plantation was the ideal Caribbean island getaway—or so it seemed. But for distinguished Harvard economist Henry Spearman it offered diversion of a decidedly different sort and one he’d hardly anticipated: murder. While the island police force is mired in an investigation that...
Persistent link: https://www.econbiz.de/10011093936