Academic research and policy discussions of credit markets usually focus on borrowing by firms and producers rather than by households, which are typically analyzed in terms of their savings and portfolio choices. The Economics of Consumer Credit brings together leading international researchers to focus specifically on consumer debt, presenting current empirical and theoretical research crucia…
Welfare and Employment in a United Europe takes a nuanced approach to the issues. Unusual for an edited volume, it consists of two long studies--each written by a group of economists working in four different countries of the European Union--followed by commentary.Over the last twenty years, fifteen Western European nations have removed most barriers to trade and migration, as well as most form…