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Big ideas in macroeconomics :a nontechnical view
Macroeconomists have been caricatured either as credulous savants in love with the beauty of their mathematical models or as free-market fundamentalists who admit no doubt as to the market's wisdom. In this book, Kartik Athreya draws a truer picture, offering a nontechnical description of prominent ideas and models in macroeconomics, arguing for their value as interpretive tools as well as thei…
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- ISBN/ISSN
- 9780262314404
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- 1 online resource (xi, 415 pages) :illustrations
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https://doi.org/10.7551/mitpress/3001.001.0001?locatt=mode:legacy;http://www.…
This is the first broad cross-country assessment of the ties between financial structure--the mix of financial instruments, institutions, and markets in a given economy--and economic growth since Raymond Goldsmith's 1969 landmark study. Most studies focus on developed countries and compare bank-based and market-based systems. Debates over the relative merits of the two systems have relied on ca…
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- ISBN/ISSN
- 9780262271455
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- 1 online resource (vi, 436 pages) :illustrations
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Economics after the crisis :objectives and means
The global economic crisis of 2008-2009 seemed a crisis not just of economic performance but also of the system's underlying political ideology and economic theory. But a second Great Depression was averted, and the radical shift to New Deal-like economic policies predicted by some never took place. Perhaps the correct response to the crisis is simply careful management of the macroeconomic cha…
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- ISBN/ISSN
- 9780262301756
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- 1 online resource (xiii, 108 pages) :illustrations.
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Climate Policy and Nonrenewable Resources: The Green Paradox and Beyond
Too rapidly rising carbon taxes or the introduction of subsidies for renewable energies induce owners of fossil fuel reserves to increase their extraction rates for fear of their reserves becoming worthless. Fossil fuel use is thus brought forward. The resulting acceleration of global warming and counter-productivity of well-intended climate policy has been coined the Green Paradox. This volume…
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- ISBN/ISSN
- 9780262319836
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- 1 online resource :illustrations.
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Global Cities: Urban Environments in Los Angeles, Hong Kong, and China
Over the past four decades, Los Angeles, Hong Kong, and key urban regions of China have emerged as global cities - in financial, political, cultural, environmental, and demographic terms. In this book, Robert Gottlieb and Simon Ng trace the global emergence of these urban areas and compare their responses to a set of six urban environmental issues. These cities have different patterns of develo…
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- ISBN/ISSN
- 9780262338868
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- 1 online resource (xviii, 447 pages) :illustrations, maps.
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The First 100 Feet: Options for Internet and Broadband Access
"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…
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- ISBN/ISSN
- 9780262287128
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- 1 online resource (viii, 209 pages) :illustrations.
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IMF essays from a time of crisis : the international financial system, stabil…
Stanley Fischer served as First Deputy Managing Director of the International Monetary Fund from 1994 to 2001. IMF Essays from a Time of Crisis collects sixteen essays written for the most part during his time at the IMF, each updated with Fischer's later reflections on the issues raised. The IMF drew much criticism for some of its actions during Fischer's tenure, and he vigorously defends the …
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- ISBN/ISSN
- 9780262272704
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- 1 online resource (xiv, 535 pages) : illustrations
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- 330 FIS i
Disaggregating international regimes :a new approach to evaluation and compar…
"Evaluating the effectiveness of international regimes presents challenges that are both general and specific. What are the best methodologies for assessment within a governance area and do they enable comparison across areas? In this book, Olav Schram Stokke connects the general to the specific, developing new tools for assessing international regime effectiveness and then applying them to a p…
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- ISBN/ISSN
- 026230578X
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- 1 online resource (xi, 348 pages) :illustrations, map.
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Money, exchange rates, and output
Guillermo Calvo, who foresaw the financial crisis that followed the devaluation of Mexico's peso, has spent much of his career thinking beyond the conventional wisdom. In a quiet and understated way, Calvo has made seminal contributions to several major research areas in macroeconomics, particularly monetary policy, exchange rates, public debt, and stabilization in Latin America and post-commun…
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- ISBN/ISSN
- 9780262269735
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- 1 online resource (xxv, 510 pages) :illustrations
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Money, interest, and policy :dynamic general equilibrium in a non-Ricardian w…
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…
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- ISBN/ISSN
- 9780262268080
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- 1 online resource (xvii, 196 pages) :illustrations
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