Innovations in macroeconomics

Modern macroeconomics suffers from an unclear link between short-term Keynesian analysis and long-term growth modelling. Moreover, product and process innovations have been only partially integrated. The analysis suggests new approaches to innovations in open economies in many ways, including the Schumpeterian Mundell-Fleming model and new ...

La estabilidad como problema

(Revista Cuadernos de Información Económica, Nº 192, año 2006)

La evaluación de las políticas públicas

Principios de política económica

ejercicios de test y cuestiones resueltas

Monetary and exchange rate systems

a global view of financial crises

Using experimental methods in environmental and resource economics

Inflation et désinflation

Quelles sont les principales causes de l'inflation ? A qui profite l'inflation et quels en sont les principaux effets ? La désinflation est-elle un phénomène conjoncturel indépendant des politiques économiques ? De quels moyens disposent les gouvernements pour lutter contre l'inflation ? Comment les grands pays ...

Econophysics of wealth distributions

Econophys-Kolkata I

Understanding the distribution of income and wealth in an economy has been a classic problem in economics for the last hundred years. Apart from the rapidly decaying number density of people with their income crossing over to a robust power law for the very rich ...

El idioma de los precios

los pequeños misterios del dinero

Pocas cosas en nuestra vida cotidiana resultan más usuales que el dinero. Tanto es así que la palabra dinero nos sirve para referirnos a muy diversas realidades, desde las monedas y billetes que habitualmente llevamos con nosotros, hasta la riqueza de que disponemos, pasando por ...

Economic growth with income and wealth distribution

The book deals with economic issues related to income and wealth among individuals, regions and countries. It presents a general theory with endogenous capital, knowledge and preference changes for an economic system with heterogeneous households, multiple sectors, multiple regions and multiple countries. Economic issues and ...

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 ...

The theory of international trade and unemployment

In this book, Paul Oslington underlines the contradiction between the prominence of job losses in political conflict over trade liberalization, and trade economists usually working with full employment models.

Tax policy and labor market performance

This work talks about the effect of tax policies and welfare state incentives on the performance of the labor market: theoretical and empirical analyses by leading European and American economists. High unemployment in many European OECD countries has been attributed to factors ranging from rigid ...

The Natural survival of work

job creation and job destruction in a growing economy

How to manage the unemployment that occurs in the process of the continuous job destruction and creation responsible for growth in today's economies: what recent economic research tells us about wages, incentives to work, and education. Every working day in the United States, 90 ...

Stochastic dynamic macroeconomics

theory and empirical evidence

This is a book on stochastic dynamic macroeconomics from a Keynesian perpective. It shows that including Keynesian features in intertemporal models considerably contributes to resolve major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model. It also demonstrates that including microeconomic intertemporal ...

The role of policymakers in business cycle fluctuations

The book's central theme is that a policymaker's role is to enhance the public's ability to co-ordinate their price information, price expectations, and economic activities. This role is fulfilled when policymakers maintain inflation stability. Inflation persists less when an implicit or explicit ...

Stochastic optimal control, international finance, and debt crises

This book focuses on the interaction between equilibrium real exchange rates, optimal external debt, endogenous optimal growth and current account balances, in a world of uncertainty. The theoretical parts result from interdisciplinary research between economics and applied mathematics. From the economic theory and the mathematics ...

Money, bank credit, and economic cycles

Can the market fully manage the money and banking sector? Jesús Huerta de Soto, professor of economics at the Universidad Rey Juan Carlos, Madrid, has made history with this mammoth and exciting treatise that it has and can again, without inflation, without business cycles, and ...

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 ...

House prices and the macroeconomy

implications for banking and price stability

House price bubbles, and their aftermath, have become a focus of macro- economic policy concern in most developed countries. This book elucidates the two-way relationship between house-price fluctuations and economic fundamentals. Housing has many features which make it distinct from other assets, like equity. Real ...