A new approach for introducing unemployment into the New Keynesian framework. The past fifteen years have witnessed the rise of the New Keynesian model as a framework of reference for the analysis of fluctuations and stabilization policies. That framework, which combines the rigor and internal consistency of dynamic general equilibrium models with such typically Keynesian assumptions as mono…
An insider's account of the workings of the Federal Reserve, thoroughly updated to encompass the Fed's action (and inaction) during the recent financial meltdown. Stephen Axilrod is the ultimate Federal Reserve insider. He worked at the Fed's Board of Governors for more than thirty years and after that in private markets and as a consultant on monetary policy. With Inside the Fed, he offers …
For as long has humans have lived in communities, storytelling has bound people to each other and to their environments. In recent times, scholars have noted how social networks arise around issues of resource and ecological management. This book argues that stories, or narratives, play a key role in these networks - that environmental communities 'narrate themselves into existence'. The book p…
When most people think of hazardous waste trading, they think of egregious dumping by U.S. and European firms on poor countries in Africa, Latin America, and the Caribbean. But over 80 percent of the waste trade takes place between industrialized nations and is legal by domestic and international standards. In Waste Trading among Rich Nations, Kate O'Neill asks why some industrialized nations v…
Blame for the recent financial crisis and subsequent recession has commonly been assigned to everyone from Wall Street firms to individual homeowners. It has been widely argued that the crisis and recession were caused by "greed" and the failure of mainstream economics. In this book, leading economist William Barnett argues instead that there was too little use of the relevant economics, especi…
How power is wielded in environmental policy making at the state level, and how to redress the ingrained favoritism toward coal and electric utilities.OCLC-licensed vendor bibliographic record.
A detailed examination of the UN's Sustainable Development Goals and the shift in governance strategy they represent.OCLC-licensed vendor bibliographic record.
Specialists discuss current conceptual and empirical issues involved in the formulation and enforcement of antitrust policy.OCLC-licensed vendor bibliographic record.
A new edition of a book presenting a unified framework for studying the role of money and liquid assets in the economy, revised and updated. In Money, Payments, and Liquidity, Guillaume Rocheteau and Ed Nosal provide a comprehensive investigation into the economics of money, liquidity, and payments by explicitly modeling the mechanics of trade and its various frictions (including search, priv…
China's carbon dioxide emissions now outstrip those of other countries and its domestic air quality is severely degraded, especially in urban areas. Its sheer size and its growing, fossil-fuel-powered economy mean that China's economic and environmental policy choices will have an outsized effect on the global environmental future. This book offers an integrated analysis of China's economy, emi…