This book provides coherent theoretical and empirical analysis of firms’ investment and financing decisions. It assesses the role of uncertainty, financial imperfections, corporate governance and taxation. Evidence is obtained using several unique and high quality microeconomic data-sets,...

This book represents the full spectrum of Alan Walters’s contribution to economics over thirty years, from academic debate to close involvement in British policy making. It includes not only his earlier contributions to applied monetary economics but also his work on political economy which...

This book gathers together, for the first time, a selection of the most important works of one of the world’s most distinguished health economists – Alan Williams. It covers an extensive range of subjects in which Alan Williams has been decisively influential, and combines a moral approach...

The book seeks, through the examination of monetary controversies, to provide an historical perspective on modern understanding of monetary policy.

Ethics and Uncertainty explores how two economists, who both placed ‘uncertainty’ at the heart of their economic theories, come to drastically different and opposing policy recommendations. The volume illustrates that the important lesson to learn from both Knight and Keynes is that ethics...

The practical value of intuitive insights provided by innovative scholars drives much of the current development in applied welfare economics. This authoritative volume – prepared by leading researchers in the field – presents the most important articles that provide a foundation for applied...

Benefit–cost analysis reduces all of the impacts of a proposed policy change to a common unit of measurement. It is used in a wide variety of fields including agriculture, life and health, transportation and the environment. In this single volume the editors, both leading scholars in their...

This book presents quantitative research on various aspects of health care reform and health policy in Asia-Pacific countries such as China, Indonesia, Japan, South Korea, Taiwan, and the US – nations diverse in their economic development, social demographic structure and health care expenditures.

The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable alternatives to today’s mainstream and neo-classical tenets. With a total of more than 40 specially commissioned chapters, written by...

This book presents Korea’s economic strategy to meet the emerging challenges, as it recovers from the 1997 financial crisis and moves on into the globalization and information era. For important policy areas, the authors evaluate existing policies, and offer proposals for new strategic...