This book presents an empirical investigation into the relationship between companies' short-term response to capital and labor market frictions and performance. Two different kinds of performance measures are considered, namely innovation performance and firm performance. The author focuses on two major topics: first, on the relation between innovation performance and the use of trade credit. …
This book examines one of the most important demographic changes facing the United States: an overall aging population and the increasing influence of Latinos. It also looks at the changing demographics in Mexico and its impact on the health and financial well-being of aging Mexicans and Mexican Americans. The book provides a conceptual and accessible framework that will educate and inform read…
Joseph Stiglitz examines the theory behind the economic downturns that have plagued our world in recent times. This fascinating three-part lecture acknowledges the failure of economic models to successfully predict the 2008 crisis and explores alternative models which, if adopted, could potentially restore a stable and prosperous economy.
This study develops a new indicator for national and global sustainability. The main components of the EIIW-vita indicator are: the share of renewable energy, the genuine savings rate and the relative "green export" position of the respective countries; it is in line with OECD requirements on composite indicators. As green exports are related to technological progress and environmental-friendly…
This book introduces the readers to the new concept of cognitive cities. It demonstrates why cities need to become cognitive and why therefore a concept of cognitive city is needed. It highlights the main building blocks of cognitive cities and illustrates the concept by various cases. Following a concise introductory chapter the book features nine chapters illustrating various aspects and dime…
With China replacing the United States as the world's leading energy user and net oil importer, its relations with the Middle East is becoming a major issue with global implications. Horesh and his contributors set out to analyse the implications of China's growing presence in the Middle East.
This book aims to provide knowledge on how infrastructure is planned and built in a typical developing country, and what key variables are there in the system limiting the efficient use of public investments in infrastructure. The book begins with a comprehensive literature review on construction and economic development, and trade and economic development. The focus of the book is on the case …
This book analyzes how climate change adaptation can be implemented at the community, regional and national level. Featuring a variety of case studies, it illustrates strategies, initiatives and projects currently being implemented across the world. In addition to the challenges faced by communities, cities and regions seeking to cope with climate change phenomena like floods, droughts and othe…
This book combines issues several critical ones in the energy field (low-energy technologies, renewable energies such as the hydrogen economy, and geothermal energy). Moving towards a more sustainable world requires a complete revolution in the way we manage energy and resources. However, from an academic perspective, this theme is so broad that most educators and researchers tend to focus o…
This text presents modern developments in time series analysis and focuses on their application to economic problems. The book first introduces the fundamental concept of a stationary time series and the basic properties of covariance, investigating the structure and estimation of autoregressive-moving average (ARMA) models and their relations to the covariance structure. The book then moves on…