Business cycles in the contemporary world

description, causes, aggregation, and synchronization

Contents: 1. Introduction PART I. METHODOLOGY 2. General Considerations and Historiography 3. The Analysis of Cyclical Dynamics PART II. NATIONAL, SUPRA- AND INTERNATIONAL CYCLES 4. The G7 and Euro15 Economies: 1960-2000 5. Mode-Locking and the Global Cycle PART III. THE SECTORAL CONSTITUTION OF MACRO-CYCLES 6 ...

General equilibrium

problem and prospects

Certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This volume brings together leading economic theorists with important contributions to the ongoing debate

The Big Mac index

applications of purchasing power parity

PPP is one of the most widely researched areas in international finance and one of the most controversial in the theory of exchange rate determination. This book demonstrates the applications of Purchasing Power Parity in exchange rate determination as well as more practical applications of ...

Les théories des crises économiques

Les crises économiques sont-elles inéluctables ? Quel rôle jouent-elles dans la croissance économique ? Quelles sont la nature et l#ampleur des désaccords entre les théoriciens des crises ? Ce livre s#intéresse aux principales théories des crises pour mieux comprendre la situation économique actuelle. C#est aussi ...

Investment

theories and analysis

This text provides an examination of the key macroeconomic theories which underpin fixed asset investment. It would make ideal reading for an intermediate level macroeconomics course or a module on fixed asset investment taking an applied macroeconomic perspective. Table of Contents Section I Introduction: introduction ...

Asset prices, booms and recessions

financial market, economic activity and the macroeconomy

The book studies the interaction of the financial market, economic activity and the macroeconomy from a dynamic perspective. The financial market to be studied here encompasses the money and bond market, credit market, stock market and foreign exchange market. Economic activity is described by the ...

Assets, beliefs, and equilibria in economic dynamics

essya in honor of Mordecai Kurz

A collection of papers dealing with a broad range of topics in mathematical economics, game theory and economic dynamics. The contributions present both theoretical and applied research. The volume is dedicated to Mordecai Kurz. The papers were presented in a special symposium co-hosted by the ...

General equilibrium analysis

existence and optimality properties of equilibra

General Equilibrium Analysis is a systematic exposition of the Walrasian model of economic equilibrium with a finite number of agents, as formalized by Arrow, Debreu and McKenzie at the beginning of the fifties and since then extensively used, worked and studied. Existence and optimality of ...

Open economy macrodynamics

an integrated disequilibrium approach

In the first part of this book, we treat interacting and small open economies. We do this from an historical perspective, starting from the Classical model of the gold standard and the specie-flow mechanism and aim to show there that the Dornbusch IS-LM-PC approach, with ...

Economic dynamics in transitional economies

the Four-P governments, the EU-enlargement, and the Bruxelles consensus

Examines the post-Communist, transitional economies of Central and Eastern Europe

Análisis del entorno económico de la empresa

Las empresas, los consumidores, los inversores, los políticos y, en general, todos los ciudadanos deben tomar continuamente decisiones económicas que se ven afectadas, en mayor o menor medida, por el grado de dinamismo del entorno económico del país en el que desarrollan sus actividades. En ...

The Theory of economic growth

a "classical" perspective

The Theory of Economic Growth compares the main theories of growth from Adam Smith to the present day in order to isolate their logical structures, theoretical domains and methodological underpinnings. The book provides original solutions to theoretical questions still debated in contemporary literature and points ...

In search of prosperity

analytic narratives on economic growth

The economics of growth has come a long way since it regained center stage for economists in the mid-1980s. Here for the first time is a series of country studies guided by that research. The thirteen essays, by leading economists, shed light on some of ...

Inequality and growth

theory and policy implications

Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually ...

Economic development

This best-selling text offers a unique policy-oriented approach that uses models and concepts to illustrate real-world development problems. Retaining its hallmark accessibility throughout, the Eighth Edition uses the most current data, offering full coverage of recent advances in the field, and featuring a balanced presentation ...

Technology, growth and the labor market

In the late-20th and early-21st centuries, economic prognosticators have pondered whether the US economy has entered a new era. This "new economy" is generally characterized as having technological innovations that have raised productivity and, accordingly, removed pricing power from the world's producers on a ...

International trade, wage inequality and the developing economy

A general equilibrium approach

This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed ...

En busca del crecimiento

andanzas y tribulaciones de los economistas del desarrollo

Desde el final de la Segunda Guerra Mundial, los economistas se han esforzado por averiguar por qué los países pobres no consiguen alcanzar los niveles de renta de los países industrializados del Norte, a la vez que han aplicado toda clase de remedios a la ...

Dynamic programming in economics

Dynamic Programming in Economics is an outgrowth of a course intended for students in the first year PhD program and for researchers in Macroeconomics Dynamics. It can be used by students and researchers in Mathematics as well as in Economics. The purpose of Dynamic Programming ...

Producción, productividad y crecimiento

El libro que el lector tiene ante sí contiene la totalidad de los trabajos presentados en el curso #Producción, productividad y crecimiento# que se desarrolló en julio del 2002, en el marco de la universidad de verano de la Univesitat de Lleida. Además, hay que ...