While oil price fluctuations in the past can be explained by pure supply factors, this book argues that it is monetary policy that plays a significant role in setting global oil prices. It is a key factor often neglected in much of the earlier literature on the determinants of asset prices, including oil prices. However, this book presents a framework for modeling oil prices while incorporating…
Whatever happened to the money supply? This book explains how the analysis of monetary and credit aggregates is undertaken at the Bank of England, the European Central Bank and (as an example of a developing country) the Bank of Tanzania. The book also explores how this analysis relates to these central banks' monetary policy strategies and how it feeds into policymaking. An editorial introduct…
Brings selected contributions by leading experts from Latin America and Europe, gathered from relevant conferences in these regions Offers innovative approaches to significant problems in Mathematical Economics Broad a broad range of fields, from Game Theory and General Equilibrium to Welfare and Social Choice Theory
This volume describes the design of relay-based circuit systems from device fabrication to circuit micro-architectures. This book is ideal for both device engineers as well as circuit system designers, and highlights the importance of co-design across design hierarchies when trying to optimize system performance (in this case, energy-efficiency). The book will also appeal to researchers and eng…
The aim of this book is to analyze Japan's high-growth economy, in particular to clarify the kinds of changes in people’s lives that were generated by high growth. The present volume focuses not on the macro-economic mechanisms that expanded the scale of the economy, but on the micro-economic changes that were effected in everyday life. The emergence of a mass consumption society as a result …
The aim of this book is to analyze Japan's high-growth economy, in particular to clarify the kinds of changes in people’s lives that were generated by high growth. The present volume focuses not on the macro-economic mechanisms that expanded the scale of the economy, but on the micro-economic changes that were effected in everyday life. The emergence of a mass consumption society as a result …
This book takes stock of micro irrigation systems (MIS), the technological intervention in India’s agricultural and water management sectors, over the past couple of decades. Based on empirical research from the major agriculturally dynamic states, viz., Gujarat, Rajasthan, Maharashtra, Tamil Nadu, Andhra Pradesh and Karnataka, the book provides a nuanced understanding and objective assessmen…
Basic income is an innovative, powerful egalitarian response to widening global inequalities and poverty experiences in society, one that runs counter to the neoliberal transformations of modern welfare states, social security, and labor market programs. This book is the first collective volume of its kind to ask whether a basic income offers a viable solution to the income support systems in A…
This book will guide financial institutions in developing new approaches and solutions for handling perennial issues. Emphasizing the value of creativity for project management in the banking sector, the author provides new insights for all those working in banking and finance. Presenting a number of new, outside-the-box ideas, the book can be regarded as the missing spice that will creatively …
Why do banks collapse? Are financial systems more fragile in recent decades? Can policies to fix the banking system do more harm than good? What's the history of banking crises? With dozens of brief, non-technical articles by economists and other researchers, Banking Crises offers answers from diverse scholarly viewpoints.