Public finance and public policy in the new century

The sixteen essays in this book were written to celebrate the ninetieth birthday of Richard Musgrave and to commemorate the tenth anniversary of CES, the Center for Economic Studies at the University of Munich. Musgrave is considered to be a founding father of modern public ...

Credit reporting systems and the international economy

The new political economy of Russia

Can Russia's burst of economic growth be sustained? Taking a comprehensive look at the economic and political regime shift from Yeltsin to Putin, this book explores the key challenges facing the Russian economy: to narrow the productivity gap between Russian and Western firms and ...

NBER/Macroeconomics Annual, Number 17, 2002

This annual presents, extends, and applies pioneering work in macroeconomics and stimulates work by macroeconomists on important policy issues. Each paper is followed by comments and discussions

Bond pricing and portfolio analysis

protecting investors in the long run

This text makes accessible the most important methodological advances in bond evaluation from the past twenty years. With uncommon precision and a strong emphasis on the underlying economic fundamentals, Olivier de La Grandville presents a unified framework for understanding the basic tools of bond evaluation ...

Energy at the crossroads

global perspectives and uncertainties

In Energy at the Crossroads Vaclav Smil considers the twenty-first century?s crucial question: how to reconcile the modern world?s unceasing demand for energy with the absolute necessity to preserve the integrity of the biosphere. With this book he offers a comprehensive, accessible guide ...

Analytical development economics

the less developed economy revisited

Evolutionary dynamics and extensive form games

Evolutionary game theory attempts to predict individual behavior (whether of humans or other species) when interactions between individuals are modeled as a noncooperative game. Most dynamic analyses of evolutionary games are based on their normal forms, despite the fact that many interesting games are specified ...

Decisions, uncertainty, and the brain

the science of neuroeconomics

In this provocative book, Paul Glimcher argues that economic theory may provide an alternative to the classical Cartesian model of the brain and behavior. René #escartes (1596-1650) believed that all behaviors could be divided into two categories, the simple and the complex. Simple behaviors were ...

The economic od the World Trading System

World trade is governed by the rules of the World Trade Organization (WTO), the successor to the General Agreement on Tariffs and Trade (GATT). The WTO sets rules of conduct for the international trade of goods and services and for intellectual property rights, provides a ...

Fair division and collective welfare

The concept of fair division is as old as civil society itself. Aristotle's "equal treatment of equals" was the first step toward a formal definition of distributive fairness. The concept of collective welfare, more than two centuries old, is a pillar of modern economic ...

Capital flows and crises

Workflow management

models, methods, and systems

This book offers a comprehensive introduction to workflow management, the management of business processes with information technology. By defining, analyzing, and redesigning an organization's resources and operations, workflow management systems ensure that the right information reaches the right person or computer application at the ...

Environmental impacts of globalization and trade

a systems study

The relationship between trade and the environment has become an increasingly contentious issue between economists and environmentalists. Economists maintain that trade helps the natural environment because rich countries can better afford to protect their unspoiled areas. Environmentalists counter that the pursuit of national wealth drives ...

Econometric analysis of cross section and panel data

This text provides a rigorous treatment of contemporary methods used in microeconometric research. The book makes clear that applied microeconometrics is about the estimation of marginal and treatment effects, and that parametric estimation is simply a means to this end. It also clarifies the distinction ...

Markets for technology

the economics of innovation and corporate strategy.

Financial structure and economic growth

a cross-country comparison of banks, markets, and development

The effects of competition

cartel policy and the evolution of strategy and structure in british industry

Political economics

explaning economic policy

Innovation policy and the economy

.Vol. II