Entrepreneurship

a new perspective

Discapacidad y mercado de trabajo

Federalism and labour market policy

comparing different governance and employment strategies

Mujer y desarrollo en el siglo XXI

voces para la igualdad

Euros and europeans

monetary integration and the european model of society

The political theories of risk analysis

La lunga via per l'euro

L'économie postkeynésienne

Unión monetaria europea y disparidades regionales en España

Involuntary unemployment

the elusive quest for a theoty

The Great Depression of the 1930s with its dramatic unemployment rates was one of the most striking economic events of the past century. It shook economists' belief in the existence of self-adjusting forces and prompted Keynes to write his masterwork, The General Theory of Employment ...

Growth and employment in Europe

Zagler investigates the interaction between changes in the level of unemployment and changes in the economic rate of growth. It asks, both in theory and in evidence, whether a change in the growth rate of the economy will affect the level of unemployment which the ...

Deflation

what happens when prices fall

An analysis of the benefits and consequences of deflation considers the possible link between significant historical deflation and the Great Depression, citing the causes of deflation while arguing for controlled and moderate deflation as a natural part of the economic cycle. 20,000 first printing.

Minimum wages and employment

static and dinamic non-market-clearing equilibrium models

Christian Ragacs develops new contributions to the theory of minimum wages, while taking rationing and spill-over effects on markets other than the labour market into account. Following an introduction into the theory of minimum wages and a discussion of methodological problems, four new theoretical models ...

Deflaction

current and historical perspectives

Until recently fears of deflation seemed nothing more than a relic of the Great Depression. However, beginning in the 1990s, persistently falling consumer prices have emerged in Japan, China and elsewhere. Deflation is also a distinct possibility in some of the major euro area economies ...

Markets and diversity

A staunch neoclassical economist, Sherwin Rosen drew inspiration from Adam Smith's Wealth of Nations, particularly his theory of compensating wage differentials, which Rosen felt was central to all economic problems involving product differentiation and spatial considerations. The main theme of his collection is how ...

The new finance

overreaction,cmplexity,and uniqueness

A supplement for undergraduate and graduate level courses in Investments, Behavioral Finance Theory, and related courses. This brief text makes the case for the inefficient market and the complexity and chaos on asset pricing, positioning the efficient market paradigm at the extreme end of a ...

Models for dynamic macroeconomics

This is a textbook for advanced students in macroeconomics. It provides a clear guide to the techniques and tools used in modern macroeconomic analysis without requiring advanced mathematical training. It covers the core topics of consumption and investment, employment and unemployment, and economic growth. Each ...

Understanding economic recovery in the 1930s

Endogenous propagation in the Great Depression

One of the watershed periods of the twentieth century, the Great Depression was the defining event for at least one generation of world citizenry. Although much has been written about the almost four-year economic collapse that began in mid-1929, very little has been written about ...

The new value controversy and the foundations of economics

The papers that comprise this collection introduce key advances in modern value theory. Equilibrium and non-equilibrium approaches are discussed alongside the theory behind abstract labour and money.

Monopoly capitalism in crisis

The world economy is on the brink of a profound crisis. The threat of global deflation and the emergence of chronic excess global capacity characterizes the contemporary phase of crisis and stagnation. Lucarelli argues that these pathological features of globalization acquire a remorseless logic during ...