Corporate governance matters for national development. Studies of Brazil, Chile, India, and South Africa show that corporate governance has a role of growing importance to play in helping both to increase financial capital to firms in developing countries and to enhance those countries'...

Investors have too often extrapolated from recent experience. In the 1950s, who but the most rampant optimist would have dreamt that over the next fifty years the real return on equities would be 9% per year? Yet this is what happened in the U.S. stock market. The optimists triumphed. However,...

This book investigates several important issues in the economics of aging, including the accumulation of wealth and the relationship between health and financial prosperity. Examining the changes in savings behavior and investment priorities in the United States over the past few decades,...