"The growth of the Internet has been propelled in significant part by user investment in infrastructure: computers, internal wiring, and the connection to the Internet provider. This "bottom-up" investment minimizes the investment burden facing providers. New technologies such as wireless and data transmission over power lines, as well as deregulation of telecommunications and electric utilitie…
An important recent advance in macroeconomics is the development of dynamic stochastic general equilibrium (DSGE) macromodels. The use of DSGE models to study monetary policy, however, has led to paradoxical and puzzling results on a number of central monetary issues including price determinacy and liquidity effects. In Money, Interest, and Policy, Jean-Pascal Benassy argues that moving from th…
Multidisciplinary research into cooperation and the implications for public policy, drawing on insights from economics, anthropology, biology, social psychology, and sociology.OCLC-licensed vendor bibliographic record.
This 20th edition of the NBER Macroeconomics Annual treats many questions at the cutting edge of macroeconomics that are central to current policy debates. The papers and discussions include an analysis of the differential between American and European unemployment rates, with the authors of the paper taking issue with Edward Prescott's view that higher European tax rates are responsible; a pro…
"Examines the European border-and the various actors and institutions involved behind the maintenance of a border--as an infrastructure, with particular attention to the refugee crisis of 2014-2016"--OCLC-licensed vendor bibliographic record.
How organizations--including Google, StubHub, Airbnb, and Facebook--learn from experiments in a data-driven world.OCLC-licensed vendor bibliographic record.
Influential neoclassical economist Lionel McKenzie has made major contributions to postwar economic thought in the fields of equilibrium, trade, and capital accumulation. This selection of his papers traces the development of his thinking in these three crucial areas.McKenzie's early academic life took him to Duke, Princeton, Oxford, the University of Chicago, and the Cowles Commission. In 1957…
In this text a leading economist discusses the potential of happiness research (the qualification of well-being) to answer important questions that standard economics methods are unable to analyze. Emphasizing empirical evidence rather than theoretical conjectures, Frey substantiates the need for happiness research.
Yves Balasko, a leading scholar in the field, presents post-1970 developments in the theory of general equilibrium, unified by the concept of equilibrium manifold.
An analysis of how economic theories can be used to understand disordered and pathological gambling that calls on empirical evidence about behavior and the brain and argues that addictive gambling is the basic form of all addiction.