Central banking in the modern world

alternative perspectives

Monetarism is dead! Central bankers are all Wicksellians now! They target low inflation rates, with no regard to monetary aggregates whatsoever, by acting upon short-term real rates of interest. This is the New Consensus in monetary economics, or simply the New Keynesian Synthesis. Yet, this ...

The end of work

the decline of the Global Labor Force and the dawn of the post-market Era

The most significant domestic issue of the 2004 elections is unemployment. The United States has lost nearly three million jobs in the last ten years, and real employment hovers around 9.1 percent. Only one political analyst foresaw the dark side of the technological revolution ...

The institutional economics of market-based climate policy

The objective of this book is to analyze the institutional barriers to implementing market-based climate policy, as well as to provide some opportunities to overcome them. The approach is that of institutional economics, with special emphasis on political transaction costs and path dependence. Instead of ...

El Banco Central Europeo y el sistema europeo de bancos centrales

régimen jurídico de la autoridad monetaria de la Comunidad Europea

Information technology policy

an international history

Information Technology has become a key factor in industry and society in the postwar world and continues to evolve, re- shaping the local and global economy and reorienting comparative and competitive advantages. The production of IT has itself changed and shifted through a number of ...

El flat tax

una respuesta radical a la crisis impositiva

Durante los dos últimos decenios se han producido cambios sin precedentes en los sistemas impositivos de la mayoría de los países, con el fin primordial de remediar la crisis de la imposición, puesta de relieve por el rechazo social de un sistema tributario desprestigiado que ...

Economic policy issues for the next decade

There are several reasons why it has become important to rethink economic policy. Out of the European perspective it is the new currency, the enlargement towards Central and Eastern European countries, the sluggish growth and the end of productivity convergence towards the USA and the ...

Public Health, ethics, and equity

ÍNDICE: Amartya Sen: Preface Sudhir Anand and Fabienne Peter: Introduction I. Health Equity 1 Sudhir Anand: The Concern for Equity in Health 2 Amartya Sen: Why Health Equity? II. Health, Society, and Justice 3 Michael Marmot: Social Causes of Social Inequalities in Health 4 Norman ...

Financial intermediation in the New Europe

banks, markets and regulation in EU accession countries

What role will the current evolution of banking systems play in the newly adopted EU countries during the historic challenges following enlargement? This book, a blend of economics and political economy, offers a systematic analysis of the current trends in financial intermediation in the countries ...

La economía del pánico

cómo enfrentar las crisis financieras

Desde el inicio de los años noventa, en la rígida geografía de la economía capitalista ha surgido un tipo de interacción inédita entre su centro, rico y poderoso, y su periferia, dominada y frágil. En esta nueva fase de la globalización, la liberalización financiera en ...

The price of the Euro

This volume presents a critical examination of the EMU from different perspectives. It includes essays on the political economy of currency unions, on the Growth and Stability pact, the European Central Bank, an evaluation of the first four years of the EMU, and the costs ...

Credit, intermediation, and the macroeconomy

readings and perspectives in modern financial theory

This combination of explanatory discussion by leading financial economists and centrally important journal articles provides comprehensive and coherent coverage of the major issues in financial theory. It will help students to understand the functioning of the financial sector and the intermediary institutions that comprise it

Growth recurring

economic change in world history

This important book compares the growth achieved in Japan and Europe with the frustrated growth in the major societies of mainland Eurasia. More broadly, it is about the conflict in world history between economic growth and political greed. Eric Jones proposes two fundamentally new frameworks ...

Keynes, Pigou and Cambridge Keynesians

authenticity and analytical perspective in the Keynes-classics debate

La competitividad de las manofacturas en la Unión Europea

En este libro se analiza con detalle la competitividad de las manufacturas españolas en la UE-15. Más concretamente, se estudia cómo ha evolucionado la posición competitiva de los diferentes sectores manufactureros españoles respecto a sus socios europeos desde 1985. El trabajo presta una especial atención ...

Knowledge, information, and expectations in modern macroeconomics

In honor of Edmund S. Phelps

Teorías y modelos macroeconómicos

Contemporary macroeconomics

Classical macroeconomics

some modern variations and distortions

John Maynard Keynes failed to correctly interpret classic economic concepts, and dismissed the classical explanations and conclusions as being irrelevant to the world in which we live. The trauma of the Great Depression and Keynes's changed definition of economic concepts, aided by Eugen Bohm-Bawerk ...

The macroeconomy of the Eurozone

an Irish perspective

This title is intended to provide readers with a framework to help them understand how the Irish economy functions as a member of the Eurozone. Among the topics discussed are: basic macroeconomic principles; open economy macroeconomic models; the role of fiscal, monetary, exchange rate, and ...