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…
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…
"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…
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 …
"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…
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…
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…
"In this book, Clapperton Mavhunga views technology in Africa from an African perspective. Technology in his account is not something always brought in from outside, but is also something that ordinary people understand, make, and practice through their everyday innovations or creativities -- including things that few would even consider technological. Technology does not always originate in th…