An introduction to the structural econometrics of Auction Data

An introductory treatment that integrates and evaluates recent advances in the field by providing a common notation and a simple theoretical model within which to identify and to estimate commonly-encountered auction models. This text, intended for both graduate students and professional researchers, is an effective ...

The privatization of the oceans

This work talks about why exclusive use rights in particular, individual transferable quotas provide the most efficient way to use fishing resources; theory plus case studies of ITQs in six countries. Rich with detail and provocatively argued, this study of the development of property rights ...

The macroeconomics of fiscal policy

Leading academics and former policy makers assess the effectiveness of post-war American fiscal policy as questions about the role of fiscal policy once again come to the forefront of economic research and debate. The post- World War II emphasis on activist fiscal policy for short-term ...

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. Calvo has made seminal contributions to several major research areas in macroeconomics, particularly monetary policy, exchange rates, public debt ...

Democratizing innovation

Innovation is rapidly becoming democratised. Users, aided by improvements in computer and communications technology, increasingly can develop their own new products and services. These innovating users - both individuals and firms - often freely share their innovations with others, creating user-innovation communities and a rich intellectual commons ...

Technology matters

questions to live with

This book discusses in nontechnical language ten central questions about technology that clarify what technology is and why it matters. Technology matters, writes David Nye, because it is inseparable from being human. We have used tools for more than 100,000 years, and their central ...

Latin America's political economy of the possible

beyond good revolutionaries and free-marketeers

The political and economic transformation is now emerging in Latin America, as some countries eschew rigid ideologies and adopt a more pragmatic combination of neoclassical orthodoxies and progressive social policies. Neither socialism nor free market neoliberalism has been a very helpful model for Latin America ...

What's the beef?

the contested governance of european food safety

This title examines European food safety regulation at the national, European, and international levels as a case of "contested governance," illustrating issues of institutional trust and legitimacy. A series of food-related crises - most notably mad cow disease in Britain, farmer protests in France against American ...

Fairness in adaptation to climate change

This is an interdisciplinary scientific and policy analysis on the challenges of ensuring that adaptation to global climate change does not place unfair burdens on already vulnerable populations. As a global society, we need to take action not only to prevent the potentially catastrophic effects ...

Globalization and the poor periphery before 1950

A leading authority on economic globalisation argues that industrialisation in the core countries of northwest Europe and its overseas settlements combined with a worldwide revolution in transportation to produce deindustrialisation and an antiglobal backlash in industrially lagging poorer countries. In "Globalization and the Poor Periphery ...

Institutions, development, and economic growth

Leading international economists discuss how and why institutions influence growth. This work talks about the empirical and theoretical studies that provide an overview and contribute to the current research. The determinants of economic growth and development are hotly debated among economists. Financial crises and failed ...

Living standards and the wealth of nations

successes and failures in real convergence

A group of prominent international economists consider what makes for successful convergence - what policies and economic conditions help poor countries catch up to the living standards of rich countries. The question of convergence, or under what conditions the per capita income levels of developing countries ...

Globalization and its enemies

This work makes a provocative argument that the frustrations of globalisation stem from the gap between the expectations created and the lagging economic reality in poor countries. The enemies of globalisation - whether they denounce the exploitation of poor countries by rich ones or the imposition ...

Structural unemployment in western Europe

reasons and remedies

Leading international economists examine the different patterns and long-term trends behind persistent unemployment across Western Europe in light of recent developments in labour market theory. Structural unemployment, or persistently high levels of unemployment that do not follow the ups and downs of a typical business ...

China shifts gears

automakers, oil, pollution, and development

Chinese production of automobiles rose from 42,000 cars per year in 1990 to 2.3 million in 2004; the number of passenger vehicles on the road doubled every two and a half years through the 1990s and continues to grow. In "China Shifts Gears ...

Democratic constitutional design and public policy

analysis and evidence

Leading scholars in rational choice analysis present the public choice, new institutionalist, and new political economy perspectives on the political and economic effects of constitutional design and review the accumulating empirical evidence. The variety of constitutional designs found in democratic governments has important effects on ...

Governing environmental flows

global challenges to social theory

This title lays the foundations for a new conceptualisation of global environmental governance that draws on the flow perspective found in recent work in sociology. Globalisation and the changing role of the nation-state call for new approaches to environmental governance and new ways to conceptualise ...

Lectures on antitrust economics

This is an account of the economics behind antitrust law, discussing recent developments in the areas of price fixing, horizontal mergers, and exclusionary vertical contracts. Antitrust law regulates economic activity, but differs in its operation from what is traditionally considered "regulation." Where regulation is often ...

From the corn laws to free trade

interests, ideas, and institutions in historical perspective

The overlapping and interacting forces that caused a Conservative government to repeal the protectionist Corn Laws against its own political principles and economic interests: extensive qualitative and quantitative analysis. The repeal of Britain's Corn Laws in 1846 - one of the most important economic policy ...

Japan's great stagnation

financial and monetary policy lessons for advanced economies

Experts on the Japanese economy examine Japan's prolonged period of economic underperformance, analyzing the ways in which the financial system, monetary policy, and international financial factors contributed to its onset and duration. After experiencing spectacular economic growth and industrial development for much of the ...