The Anatomy of Scottish Capital
Originally published in 1980, this book gives a concrete description of the development of Scottish companies and Scottish capital through the 20th Century, based on empirical study. The study begins with the major companies of 1904-5 and examines their history and subsequent development.
The Entrepreneurial Dynamics in Italy
Chapter 1: Entrepreneurial Dynamics.- Chapter 2: Academic Entrepreneurship.- Chapter 3: Concluding Remarks.
Everybody's War
The Syrian crisis is one of the most serious humanitarian disasters in recent history. Yet the widely reported numbers--more than 6 million displaced, including 5 million refugees--reflect only a fractional toll of the conflict. Numerous international organizations, states, and civil society movements have called for the laws of war to be respected, sieges lifted, and humanitarian access facilitated. But beneath each of these humanitarian appeals lies a complicated reality extending beyond the binary narratives that have come to define the war in Syria. Everybody's War examines the complexities of humanitarianism in Syria and the wide-ranging consequences for both Syria's populations and humanitarian responses to future conflicts. Organized by M矇decins Sans Fronti癡res, this edited volume brings together academics and humanitarian practitioners from across the globe to provide a multitude of perspectives on the politics of aid in the Syrian war. Contributors explore the humanitarian crisis behind the Syrian conflict through the history and fragmentation of Syrian health care, the role of international humanitarian law in enabling attacks on health facilities, and the lived experience of siege in all its layers. Further attention is given to the ways in which humanitarian actors have fed the war economy and joined the information wars that have raged throughout the region over the past ten years. While the Syrian crisis has been everybody's war, it has certainly not been everybody's victory. This volume shares the intricate story of aid delivery and humanitarian complicity within one of the defining conflicts of the twenty-first century.
Law and Economics in Jane Austen
Law and Economics in Jane Austen traces legal and economic principles in sex, marriage and romance as set out in Austen's novels, unveiling how those meticulous principles control today's modern romance. Culture may have changed in the past 300 years, but these rules remain and even now shape modern romance.
Sozial- und Umweltstandards beim Abbau mineralischer Rohstoffe
Akademische Arbeit aus dem Jahr 2017 im Fachbereich VWL - Umwelt繹konomie, Note: 1,7, Sprache: Deutsch, Abstract: Oft kommt es zu gewaltsamen Konflikten zwischen Regierung und Konzernen einerseits und verschiedenen Bev繹lkerungsgruppen auf der anderen Seite. So hat sich der Begriff Ressourcenfluch in den letzten Jahren etabliert, um auszudr羹cken, dass Rohstoffreichtum einem Land nicht unbedingt zu Wohlstand und friedlichem Zusammenleben verhilft. In dieser Arbeit m繹chte ich die oben geschilderte Entwicklung am Beispiel der Indigenen Indiens, den Adivasis, die im rohstoffreichen, sogenannten "Tribal Belt" leben, darstellen. Es stellt sich die Frage, welche Ma?nahmen ergriffen werden k繹nnen, um die mannigfaltigen Menschenrechtsverletzungen und die negativen 繹kologischen Auswirkungen des Rohstoffabbaus in Indien zu mindern. Ist die Anwendung von Sozial- und Umweltstandards ein geeignetes Instrument daf羹r, und wo sind dessen Grenzen zu verorten? Zun瓣chst befasse ich mich mit den Merkmalen verschiedener Standards. Es folgt eine Beschreibung der Lebenswelt und besonderen Problematik der Adivasis und anschlie?end gehe ich den Fragen nach, wie und ob vorhandene Standards den genannten Zielen dienen k繹nnen. Abschlie?end beleuchte ich die Rolle der Europ瓣ischen Union und Deutschlands in dieser Frage.
The Riau Islands
To Singapore's immediate south, Indonesia's Riau Islands has a population of 2 million and a land area of 8,200 sq kilometres scattered across some 2,000 islands. The better-known islands include: Batam, the province's economic motor; Bintan, the area's cultural heartland and site of the provincial capital, Tanjungpinang; and Karimun, a ship-building hub strategically located near the Straits of Malacca. Leveraging on its proximity to Singapore, the Riau Islands-and particularly Batam-have been a key part of Indonesia's strategy to develop its manufacturing sector since the 1990s. In addition to generating a large number of formal sector jobs and earning foreign exchange, this reorientation opened the way for a number of far-reaching political and social developments. Key among them has been: large-scale migration from other parts of the country; the secession of the Riau Islands from the larger Riau Province; and the creation of a new provincial government.Building on earlier work by the ISEAS - Yusof Ishak Institute on the SIJORI Cross-Border Region, spanning Singapore, the Malaysian state of Johor, and the Riau Islands, and a second volume looking specifically at Johor, the third volume in this series explores the key challenges facing this fledgling Indonesian province. Adopting a multidisciplinary framework, this book explores three issues: what have been the social, political, and environmental effects of the rapid economic change set in motion in the Riau Islands; to what extent can or should the province seek to reconfigure its manufacturing-based economy; and how have the decentralization reforms implemented across Indonesia affected the Riau Islands. "The Riau Islands: Setting Sail, edited by Francis. E. Hutchinson and Siwage Dharma Negara completes the SIJORI series, following the publications of earlier studies on the Singapore Cross-Border Region and Johor. The book comprises a rich collection of essays covering: the economic development challenges faced by Batam and the other islands; the political setting which highlights centre-periphery dynamics and issues related to the governance of the new province; as well as the social-cultural impacts of economic development which has attracted migration from other parts of Indonesia. This book provides valuable contributions to the study on Cross-Border Regions, enhances our understanding about the dynamics of the SIJORI Growth Triangle, and last but not least fills a gap in knowledge about the Riau Islands which, as the book says, is regarded as marginal from the perspective of Jakarta, but is central in its relation to Singapore as the subregional metropolis." -- Dewi Fortuna Anwar, Research Professor at the Research Center for Politics, Indonesian Institute of Sciences; Vice-Chairman of the Board of Directors, The Habibie Center, Jakarta
Playing the Market
Nowhere in Europe are people more likely to enjoy a regular flutter in stocks and shares than in Britain. Whether we consider the millions of online stockbroking accounts or the billions spent on spread betting - it is a national pastime in today's Britain to play the markets. How did this distinctively British obsession with investment and speculation come about? Playing the Market tells this story by exploring the history of financial capitalism in Britain during the twentieth century from below. It explains how and why everyday British people increasingly invested, speculated, and gambled in stocks and shares from the outbreak of World War I, over the postwar decades and the Thatcher years, up until the premiership of Tony Blair. The study accounts for a momentous shift in attitudes towards stock market investment that occurred throughout the twentieth century. In the interwar period, traditional moral and cultural constraints about the stock market, which were still powerful in the Victorian period, gradually began to collapse in public and private life. In the following decades, financial securities lost their stigma of being either immoral or suitable only for the upper classes. Promising higher than average returns and a similar thrill of risk and reward as gambling in horses or the football pools, the stock market became a popular pastime for millions of Britons - even in the postwar decades, when Britain had nationalized industries and politicians of both parties indulged in staunchly anti-finance rhetoric. With the expansion of popular investment after both world wars, Britain developed a stock market culture that was unique across Europe and gave rise to a market populist sentiment that eventually proved fertile soil for the arrival of Thatcherism.
Der Einfluss von impliziter Volatilit瓣t auf die Prognose der realisierten Volatilit瓣t
Masterarbeit aus dem Jahr 2021 im Fachbereich VWL - Finanzwissenschaft, Note: 1,0, Karl-Franzens-Universit瓣t Graz (Volkswirtschaftslehre), Sprache: Deutsch, Abstract: Aktien und vergleichbare Anlageklassen unterliegen hohen Kursrisiken. Zur Optimierung des Risiko-Rendite-Verh瓣ltnisses eines Investors ist es von gro?em Nutzen, derartige Risiken zu quantifizieren. Zu diesem Zweck griffen Wirtschaftswissenschaftler in der Vergangenheit verst瓣rkt auf die realisierte Volatilit瓣t zur羹ck, einer ex post Approximation der nicht beobachtbaren tats瓣chlichen Volatilit瓣t. Aufbauend auf dem HAR-, HARQ- und HARQ-F- Modell und deren logarithmischen Erweiterungen aus Corsi (2009), Bollerslev et al. (2016) und Wang et al. (2020), wurde im Rahmen dieser Arbeit der Einfluss der impliziten Volatilit瓣t auf die Prognose der realisierten Volatilit瓣t von 27 Aktien des Dow Jones Industrial Average (DJIA) untersucht. Zu diesem Zweck wurden das LogHAR-, LogHARQ- und LogHARQ-F-Modell um Volatilit瓣tskomponenten des Chicago Board Options Exchange (CBOE) S&P500 Volatilit瓣tsindex VIX erweitert und die 1-Tages-Prognose dieser linearen Regressionsmodelle, mit denen der Benchmarking-Modelle verglichen. Die Prognoseergebnisse der erweiterten Modelle weisen deutliche Prognoseverbesserungen sowohl in stark als auch in gering volatilen Zeitr瓣umen auf und 羹bertreffen alle gegen羹bergestellten Benchmarking-Modelle in ihrer Prognoseg羹te. Diese Resultate konnten auch in einer Reihe verschiedener Robustheitspr羹fungen wiederholt werden. Um die erzielten Prognoseverbesserungen in einer wirtschaftlichen Nutzenanalyse zu verifizieren, wurde im Rahmen dieser Arbeit auf Volatilit瓣ts-Timing-Strategien zur Portfolioallokation nach Fleming et al. (2001) und Marquering & Verbeek (2004) zur羹ckgegriffen. Die verbesserten Volatilit瓣tsprognosen der erweiterten Modelle, verglichen mit den Prognosen der Benchmarking-Modelle, f羹hrten zu h繹heren Portfolionutzen und damit zu ausschlie?lich positiven durchschnittlichen P
Scotland’s Economic Progress 1951-1960
Originally published in 1965, this book subjected the economic performance of Scotland to close examination. The progress of the Scottish economy from 1951 to 1960 was assessed in quantitative terms.
Our Cuban Colony
In Our Cuban Colony, Dr. Jenks' details the relations between the United States and Cuba from before the Spanish-American War to the early 20th century.
Tanz als innovative Ressource im Business. Eine Untersuchung zur ?bertragung von Kompetenzen aus dem improvisierten Tanz in den unternehmerischen Kontext
Masterarbeit aus dem Jahr 2021 im Fachbereich VWL - Innovations繹konomik, Note: 1, Donau-Universit瓣t Krems - Universit瓣t f羹r Weiterbildung, Sprache: Deutsch, Abstract: Dynamische Organisationsmodelle, Digitalisierung und neue Technologien fordern von Unternehmen und deren Mitarbeiter: innen einen hohen Grad an Flexibilit瓣t, Kreativit瓣t und Innovationskompetenz. Die Auswirkungen der COVID-19 Pandemie haben diesen Trend noch beschleunigt. Dieses Buch zeigt am Beispiel von improvisiertem Tanz, dass Kompetenzen, die in einem dynamischen Arbeitsumfeld ben繹tigt werden, auch in anderen Dom瓣nen als dem unternehmerischen Kontext erlernt werden k繹nnen. Anhand von qualitativen Interviews mit T瓣nzer: innen wird untersucht welche k繹rperlichen, kognitiven, emotionalen und sozialen Kompetenzen im improvisierten Tanz erworben bzw. trainiert werden und wie diese im Unternehmensbereich Anwendung finden k繹nnen. Die Resultate der vorliegenden Arbeit weisen darauf hin, dass im improvisierten Tanz Kompetenzen wie geistige Flexibilit瓣t, Kreativit瓣t, Empathie, Eigenwahrnehmung oder Selbstvertrauen trainiert und in Unternehmen konkret angewendet werden.
The Working Class in Glasgow
Originally published in 1987, this book examines how much industrialisation improved the standard of living of the British worker, based on the experience of one representative city: Glasgow.
Regulation after the Financial Crisis. Impact on Corporate Bond Market Liquidity
Bachelor Thesis from the year 2020 in the subject Economics - Finance, grade: 1,0, University of Mannheim, language: English, abstract: This paper aims to answer the question of whether post-crisis regulatory interventions caused a decline in liquidity. To serve this purpose, it investigates how individual provisions affect the market making business and how the corporate bond market changed in response to regulations. The paper approaches the issue by structuring theoretical and empirical evidence of corporate bond liquidity. It develops regulations impact levels from particular to aggregate, facilitating a perspicacious analysis. Important to note, the study attempts to assess neither welfare effects nor the desirability of regulations. After the financial crisis, regulators intervened to enhance the resilience of the banking system. Their provisions range from capital and liquidity standards to the prohibition of single activities considered too risky. However, concerns arise that post-crisis regulations harm liquidity by imposing constraints on its providers. When liquidity is low, investors that want to trade large volumes must wait for counterparties or accept to trade below market prices. Therefore, in certain financial markets like that for corporate bonds, intermediaries emerged to facilitate market functioning. They enable investors to trade immediately, reconciling imbalances in supply and demand. Illiquidity is costly for the economy as investors require compensation for holding riskier bonds. Amihud and Mendelson provide cross-sectional and time-series evidence of the resulting illiquidity discount. Hence, if regulations reduced liquidity, they would cause a depreciation of prices. Also, lower liquidity implies higher cost of debt and transaction costs, as well as a less efficient resource allocation. The regulatory impact on liquidity is, therefore, highly important for policymakers and investors.
Panel Methods for Finance
Financial data are typically characterised by a time-series and cross-sectional dimension. Accordingly, econometric modelling in finance requires appropriate attention to these two - or occasionally more than two - dimensions of the data. Panel data techniques are developed to do exactly this. This book provides an overview of commonly applied panel methods for financial applications, including popular techniques such as Fama-MacBeth estimation, one-way, two-way and interactive fixed effects, clustered standard errors, instrumental variables, and difference-in-differences. Panel Methods for Finance: A Guide to Panel Data Econometrics for Financial Applications by Marno Verbeek offers the reader: Focus on panel methods where the time dimension is relatively small A clear and intuitive exposition, with a focus on implementation and practical relevance Concise presentation, with many references to financial applications and other sources Focus on techniques that are relevant for and popular in empirical work in finance and accounting Critical discussion of key assumptions, robustness, and other issues related to practical implementation
Colorado and the Silver Crash
A catastrophic depression engulfed Colorado in 1893. The government's decision to adopt the gold standard and stop buying silver hit the mining industry like a cave-in. Unemployment reached 90 percent in Leadville, a city built on silver. Strikes by union miners in Cripple Creek and Leadville led to destruction and death. Political parties split along battle lines of gold versus silver. By 1898, the country had begun to recover, but silver mining was never the same. Using firsthand commentary and more than one hundred historic photographs, John Steinle skillfully commemorates the story of Coloradans trapped in the unprecedented social, economic and political conflict of America's first great depression.
Welfare Economics and Antitrust Policy - Vol. I
This book is Volume I of a two-volume set on antitrust policy, analyzing the economic efficiency and moral desirability of various tests for antitrust legality, including those promulgated by US and EU antitrust law. The overall study consists of three parts. Part I (Chapters 1-8) introduces readers to the economic, moral, and legal concepts that play important roles in antitrust-policy analysis. Part II (Chapters 9-16) analyzes the impacts of eight types of conduct covered by antitrust policy and various possible government responses to such conduct in terms of economic efficiency, the securing of liberal moral rights, and the instantiation of various utilitarian, non-utilitarian-egalitarian, and mixed conceptions of the moral good. Part III (Chapters 17-18) provides detailed information on US antitrust law and EU competition law, and compares the extent to which--when correctly interpreted and applied--these two bodies of law could ensure economic efficiency, protectliberal moral rights, and instantiate various morally defensible conceptions of the moral good. This first volume contains Part I and the first two chapters of Part II of the overall study--the two chapters that focus on oligopolistic and predatory conduct of all kinds, respectively. The book will appeal to undergraduate and graduate students of economics and law who are interested in welfare economics, antitrust legality and the General Theory of the Second Best.
The Economies of Imperial China and Western Europe
This book is a critical interpretation of a seminal and protracted debate in comparative global economic history. Since its emergence, in now classic publications in economic history between 1997-2000, debate on the divergent economic development that has marked the long-term economic growth of China and Western Europe has generated a vast collection of books and articles, conferences, networks, and new journals as well as intense interest from the media and educated public. O'Brien provides an historiographical survey and critique of Western views on the long-run economic development of the Imperial Economy of China - a field of commentary that stretches back to the Enlightenment. The book's structure and core argument is concentrated upon an elaboration of, and critical engagement with, the major themes of recent academic debate on the "Great Divergence" and it will be of enormous interest to academics and students of economic history, political economy, the economics of growth and development, state formation, statistical measurements, environmental history, and the histories of science and globalization.
The Management of the British Economy, 1945-2001
This essential work for students of economic and economic history provides an overview of economic management in Britain since 1945, how it has changed and why it has not always been successful. It examines clearly the policies introduced, the problems various governments faced in implementing them and how policy-making changed.
Unleashing the Power of 5gtob in Industries
This book will delve into how new ICTs, represented by 5G, collectively empower industries from the perspective of theories and practices. 5G is integrating with cloud, intelligence, big data, and applications to push the boundaries of industries and diversify industrial services. Starting from the background and value of industry digitalization, Section I introduces the new ICT infrastructure for industry digitalization, as well as a new support system based on this infrastructure to enable 5GtoB to bring new value to industries. Section II summarizes the success factors and four key capabilities for achieving 5GtoB success from methodological perspective. Abundant application cases are provided in Section III to explore the adoption of 5GtoB in key enterprises across industries, as well as the benefits brought to these enterprises. The final section analyzes the future evolution and applications of 5GtoB.5G enables a plethora of possibilities. We believe that this book will inspire everyone in the 5GtoB industry chain to embrace 5GtoB and take the digital transformation of industries to new heights.
Adam Smith and the Wealth of Nations
This book examines the work of Adam Smith and his interest in the science of the legislator. Smith's criticism of the mercantile system and the political dimension of capitalism is discussed, alongside insight into what institutions he saw as necessary to transform the mercantile system into a system of natural freedom. Through insights into Smith's analysis of the political threats of capital accumulation and the growth of inequality, the point at which he discovered capitalism is highlighted. This book aims to explore Smith's belief set out in The Wealth of Nations that the mercantile system was a viable, if dangerous, economic model. It is relevant to students and researchers interested in the history of economic thought.
Rules, Contracts and Law Enforcement in the Ottoman Empire
This book examines the role of institutions and law on the economic performance of the Ottoman Empire between 1500 and 1800. By focussing on the pre-industrial period, the transition to industrialisation and the mechanisms behind it can be explored. Particular attention is given to the allocation of financial resources towards more productive and efficient economic activities and the role this played in economic divergence among societies. A comparative analysis with European societies highlights the importance of non-economic institutions during the pre-industrial period. This book aims to provide new analytical perspectives and ways of thinking about how the Ottoman Empire lost its powerful economic and political structures. It is relevant to students and researchers interested in economic history, law and economics, and the political economy.
Common Pool Resources
Common Pool Resources include, for instance, fishing grounds, irrigation systems, forests and the atmosphere. Now more than ever, how we responsibly share and use those goods is a vital issue. This textbook introduces students of economics, business and policy studies to the key issues in the field. It uses a game-theory approach to help readers understand the mathematical representation of how to find equilibrium behavior in CPRs, how to identify the socially optimal appropriation, and how to measure the inefficiencies that arise. Algebra and calculus steps are clearly explained, so students can more easily reproduce the analysis and apply it in their own research. Finally, the book also summarizes experimental studies that tested theoretical results in controlled environments, introducing readers to a literature that has expanded over the last decades, and provides references for further reading.
OECD Economic Surveys
The pandemic recession in 2020 was milder than in most other OECD countries, but recent outbreaks have prompted the country to begin transitioning from a zero tolerance to a containment approach to the virus. As the recovery becomes more firmly entrenched, public policy must focus on setting the conditions for another prolonged period of strong and well-distributed growth in living standards.
Studi economici dell’OCSE
L'economia italiana registra una ripresa costante dalla crisi COVID-19 grazie alla campagna di vaccinazione e al generoso sostegno fiscale alle famiglie e alle imprese. I rischi per le prospettive sono notevoli, tenuto conto anche delle varianti del virus e dell'andamento dei tassi di interesse a livello globale.
The Effect of Farmers Education on Farm Productivity. Evidence from Small-Scale Maize Producing Farmers in North Bench District, Bench Maji Zone
Master's Thesis from the year 2019 in the subject Economics - Case Scenarios, language: English, abstract: The objective of this study is to examine the effect of farmer education on farm productivity of small-scale maize producing farmers. The educational system in Ethiopia is differentiating by low participation rates, particularly in rural areas. The agriculture productivity and income of rural famer is increased by farmer education (both formal and informal education). In order to achieve the objective of the study cross-sectional data has been collected from 200 maize producing farmers on the production level, farm size, farm input and equipment used, educational level, farm experience, gender, age, secondary occupation, etc. Semi-Structured questionnaire has been administered, and interview was conducted for selected farmers in order to collect the relevant data. Both descriptive statistics and econometrics model were used to analysis the data collected from household head. Cobb-Douglas production function model has been used to analysis the effect of farm education on farm productivity by including the education level as input of production.
Dependent Development
In order to analyze Brazil's recent accumulation of capital in the light of its continued dependence, Peter Evans focuses on the relationships among multinational corporations, local private entrepreneurs, and state-owned enterprises that have developed in Brazil over the last decade. He argues that while relations among the three kinds of capital continue to be contradictory, a triple alliance has been formed that provides the social structural basis for the pattern of local industrialization that has emerged. The author begins with a review of the theories of imperialism and dependency in the third world. Placing the Brazilian experience of the last twenty years in its historical context, he traces the country's evolution from the period of "classic dependence" at the turn of the century to the current stage of "dependent development." In conclusion, Professor Evans discusses the implications of the Brazilian model for other third world countries. Examining the nature of the triple alliance as it is manifested in such industries as pharmaceuticals, textiles, and petrochemicals, the author reveals the complex differentiation of the groups' roles in industrialization and lays bare the grounds for their collaboration and their conflict. He consequently shows how the differing interests, power, and capabilities of the three groups have combined to produce a system promoting industrialization that benefits the elite partnership but excludes the larger population from the rewards of growth.
The Politics of Economic Adjustment
In the 1980s some developing countries adopted orthodox market-oriented policies in response to international economic crises, others experimented with alternative programs, and still others failed to develop coherent adjustment strategies of any sort. Building on the case studies in Economic Crisis and Policy Choice, these essays offer comparative analysis of these divergent experiences with macroeconomic stabilization and structural adjustment. Barbara Stallings and Miles Kahler explore the external pressures on governments. Peter Evans and John Waterbury examine the role of the state in the adjustment process, Evans through the lens of earlier historical experience with economic restructuring, Waterbury by focusing on the politics of privatization. Joan Nelson analyzes the politics of income distribution in the adjustment process, and Haggard and Kaufman investigate the political correlates of inflation and stabilization. A final essay assesses the prospects for combining market-oriented reforms with political democratization.
Review on Factors Affecting the Adoption of New Agricultural and Soil Conservation Technologies in Ethiopia
Academic Paper from the year 2021 in the subject Economy - Environment economics, language: English, abstract: The paper specifically aims to review factors affecting adoption of agricultural and soil water conservation Technologies in Ethiopia with objective of assessing factors affecting adoption of agricultural and soil conservation technologies. Development programs in Ethiopia over the past two decades have included several new technologies. Among the most recently introduced are improved seed, pesticides, improved on farm storage techniques, methods of small scale irrigation and fertilizer usage and different scheme soil water conservation practices. However, there has not been a wide-spread provision and adoption of these technologies in Ethiopia. Various socioeconomic factors and the degree of risk aversion may be the causes of adoption rates. Low adoption of agricultural technology country results low farm productivity and high incidence of poverty and food insecurity in Ethiopia. From the review factors affecting adoption of new agricultural technology and soil water conservation is categorized under Demographic, socioeconomic and Institutional variables. The variables significantly affect the adoption of agricultural new and soil conservation technologies in farmers specific are age, education level, family size, farm size, extension service provision and credit access. To solve problems of inadequate use of production technologies, decision makers have pursued a range of policies and strategies to boost agricultural production and productivity by understanding adoption status and factors affecting adoption of agricultural and soil water conservation technologies crucial issues in Ethiopia.
Streetwise
Streetwise brings together classic articles from the publication that helped revolutionize the way Wall Street does business. During the recession of the early 1970s, investment professionals turned to the theories of a small band of mathematical economists, whose ideas on such topics as portfolio development and risk management eventually led to the reform and maintenance of entire economies. This was the first time economists and practitioners had joined forces to such remarkable effect. Economist and money manager Peter Bernstein sought to encourage this exchange when, in 1974, he founded The Journal of Portfolio Management (JPM). For this present volume, Bernstein and JPM editor Frank Fabozzi have selected forty-one of the most influential articles to appear in the journal over the past twenty-five years, some of them written by Nobel laureates and all aimed at stimulating dialogue between academic economists wishing to understand the real-world problems of finance and investment professionals wanting to bring the most advanced theoretical work to bear on commerce. Financial economics is a youthful but vital field. Streetwise not only reflects its fascinating history but through articles on topics ranging from stock prices and risk management to bonds and real estate also offers relevant insights for today. The contributors are: R. Akhoury, R. D. Arnott, G. L. Bergstrom, G. O. Bierwag, F. Black, R. Bookstaber, K. Cholerton, R. Clarke, D. M. Cutler, C. P. Dialynas, P. O. Dietz, D. H. Edington, M. W. Einhorn, J. Evnine, R. Ferguson, P. M. Firstenberg, H. R. Fogler, F. Garrone, R. Grieves, R. C. Grinold, D. J. Hardy, D. P. Jacob, B. I. Jacobs, R. H. Jeffrey, R. N. Kahn, G. G. Kaufman, M. Kritzman, R. Lanstein, C. M. Latta, M. L. Leibowitz, K. N. Levy, R. Lochoff, R. W. McEnally, K. R. Meyer, E. M. Miller, A. F. Perold, P. Pieraerts, J. M. Poterba, K. Reid, R. R. Reitano, R. Roll, B. Rosenberg, S. A. Ross, M. Rubinstein, A. Rudd, P. A. Samuelson, R. Schweitzer, C. Seix, W. F. Sharpe, B. Solnik, L. H. Summers, A. L. Toevs, J. L. Treynor, A. Weinberger, and R. C. Zisler.
Knowledge, Information, and Expectations in Modern Macroeconomics
Macroeconomics would not be what it is today without Edmund Phelps. This book assembles the field's leading figures to highlight the continuing influence of his ideas from the past four decades. Addressing the most important current debates in macroeconomic theory, it focuses on the rates at which new technologies arise and information about markets is dispersed, information imperfections, and the heterogeneity of beliefs as determinants of an economy's performance. The contributions, which represent a breadth of contemporary theoretical approaches, cover topics including the real effects of monetary disturbances, difficulties in expectations formation, structural factors in unemployment, and sources of technical progress. Based on an October 2001 conference honoring Phelps, this incomparable volume provides the most comprehensive and authoritative account in years of the present state of macroeconomics while also pointing to its future. The fifteen chapters are by the editors and by Daron Acemoglu, Jess Benhabib, Guillermo A. Calvo, Oya Celasun, Michael D. Goldberg, Bruce Greenwald, James J. Heckman, Bart Hobijn, Peter Howitt, Hehui Jin, Charles I. Jones, Michael Kumhof, Mordecai Kurz, David Laibson, Lars Ljungqvist, N. Gregory Mankiw, Dale T. Mortensen, Maurizio Motolese, Stephen Nickell, Luca Nunziata, Wolfgang Ochel, Christopher A. Pissarides, Glenda Quintini, Ricardo Reis, Andrea Repetto, Thomas J. Sargent, Jeremy Tobacman, and Gianluca Violante. Commenting are Olivier J. Blanchard, Jean-Paul Fitoussi, Mark Gertler, Robert E. Hall, Robert E. Lucas, Jr., David H. Papell, Robert A. Pollak, Robert M. Solow, Nancy L. Stokey, and Lars E. O. Svensson. Also included are reflections by Phelps, a preface by Paul A. Samuelson, and the editors' introduction.
Rethinking Consumer Protection
This book explains how revamped consumer protection regulations, allowing greater individual choice, along with the government partially shifting to more of an advisory role, can save many thousands of lives annually, and make medicines and other products radically cheaper. Major case studies include the FDA and Uber versus taxis.
Technological Innovation and Economic Performance
Information technology accounts for over one-third of recent U.S. GDP growth and nearly two-thirds of corporate capital investment. ''The New Economy'' appears omnipresent, but little is actually known about its workings. This seminal volume brings together the research and critical thinking of many of the world's top macro and micro economists to provide a unique, multifaceted perspective. Through the use of detailed, up-to-date country and industry studies, this book provides the most authoritative and detailed analysis ever assembled into the causes of technological innovation and its relationship to economic performance. The country studies cover the United States, Japan, Germany, France, the United Kingdom, and the Nordic states. Nine industry studies examine the Internet, computers and semiconductors, banking, securities trading, venture capital, energy, agricultural biotechnology, pharmaceutical biotechnology, and automobiles. Commissioned and brought together for the research project by the world-renowned Council on Foreign Relations, the authors have produced one of the most important compendia in applied economics to be published in recent times. The contributors are Charles Calomiris, Ian Domowitz, Robert Evenson, Charles Fine, Robert Gordon, Richard Langlois, Josh Lerner, Markku Malkam瓣ki, Patrick Messerlin, Joel Mokyr, David Mowery, Richard R. Nelson, Stephen Nickell, Gary Pisano, Adam Posen, Daniel Raff, Horst Siebert, Timothy Simcoe, Benn Steil, Michael Stolpe, John Van Reenen, David Victor, and Matti Vir矇n.
Regime Changes
During the 1930s and 1940s, and again in the 1970s and 1980s, most European nations, indeed most industrial nations, undertook major changes in macroeconomic policy orientation and financial regulation. The contributors to this volume, historians, political scientists, and economists, identify the forces which drove these major policy shifts, and explore their implications for other areas of economic and social policy.
Freedom and Capitalism in Early Modern Europe
This book hinges upon ideas and discourses variously known under labels such as "Mercantilism" and "Cameralism". Often viewed as antithesis of capitalism, inclusive institutions and good economy in the "West", this book re-assembles them and builds them into a coherent origin story of modern capitalism. It explores the field of intellectual and conceptual history, especially the history of Renaissance and Mercantilism in a longer history of capitalism. Rather than hindrances, the author argues that Mercantilist and Cameralist political economies presented essential stepping stones of modern capitalism, in Britain and beyond. This book will be of interest to academics and students in general economic history, the history of capitalism, economic development and the history of economic thought.
Digital Deflation
Unprecedented improvements in digital technologies and productivity have transformed the very foundations of our global economy, rendering 20th-century economic measurements insufficient--and often stunningly inaccurate--in tracking real economic growth. In the groundbreaking and solidly researched Digital Deflation, noted money manager and market analyst Graham Tanaka takes an up-close look at the new economic environment, revealing how far off base many of today's most venerated statistical measures really are. Tanaka introduces models designed to help economists and corporate decision-makers quantify what is really driving productivity growth and corporate value, along with techniques investors can use to uncover and invest in today's most high-potential, undervalued companies. Combining surprising new ideas and eye-opening analysis with convincing charts and graphs, Digital Deflation explains: Why inflation and interest rates are at their lowest levels in decades, and new economic realities that are likely to drive them even lower A unique and illuminating analysis of today's "Productivity Revolution"--and what both developed and emerging economies must do to reap its greatest rewards How and why many of the forces that fueled the '90s stock market growth are poised to return, along with guidelines investors can follow to profit from those forces In addition, interviews with Michael Dell, Gordon Moore, and other pioneers and leading players in the Digital Revolution spell out the history of Digital Deflation, what is happening behind closed doors today, and what economists, observers, and investors should expect in the coming ten to twenty years.
NATO at 70
1. NATO at 70: Achievements.- 2. The need for NATO?.- 3. Burden Sharing.- 4. NATO: An Economics, Politics and Public choice analysis.- 5. NATO and Europe: Improving Efficiency.- 6. Future Challenges.
Annual Report of the Registrar-General of Births, Deaths and Marriages in England; v.16
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface.We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Introduction to the Theory of Employment. --
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface.We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Cottage And Small Scale Industries
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface.We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Common Pool Resources
Common Pool Resources include, for instance, fishing grounds, irrigation systems, forests and the atmosphere. Now more than ever, how we responsibly share and use those goods is a vital issue. This textbook introduces students of economics, business and policy studies to the key issues in the field. It uses a game-theory approach to help readers understand the mathematical representation of how to find equilibrium behavior in CPRs, how to identify the socially optimal appropriation, and how to measure the inefficiencies that arise. Algebra and calculus steps are clearly explained, so students can more easily reproduce the analysis and apply it in their own research. Finally, the book also summarizes experimental studies that tested theoretical results in controlled environments, introducing readers to a literature that has expanded over the last decades, and provides references for further reading.
Introduction to Managerial Economics
Managerial economics is an interdisciplinary field, which aims at studying the application of economic theories, tools and methodologies to solve practical problems in business and management. It is a branch of economics which applies microeconomic analysis to decision making methods of businesses and other units. This field combines managerial and economics theory. Various areas included in managerial decision making include assessment of investable fund, selecting business area, sales promotion and determining optimum output. The techniques of managerial economics are commonly applied to production analysis, capital budgeting, pricing analysis and risk analysis. Managerial economics helps in suggesting the course of action to a managerial problem and it is prescriptive in nature. This book provides comprehensive insights into the field of managerial economics. It is a compilation of chapters that discuss the most vital concepts in this field. The book is appropriate for those seeking detailed information in managerial economics.
Problems Of Sugar Industry In India
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface.We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Contextualizing Jamaica's Relationship with the IMF
1. Introduction2. Jamaica "Comin' in from de Cold"3. The Moyne Commission4. Jamaica: Independence Realized5. Introducing the International Monetary Fund6. A Clash of Ideologies: Jamaica and the International Monetary Fund7. The 1980s and 1990s: Inflection Points? 8. Economic Policy Independence: Jamaica's Initial Experience9. The Local Approach 'Under the Microscope': International Monetary Fund Article IV Reviews10. Born of Crisis: The Public Sector Memorandum of Understanding 11. The Perfect Storms
Colonial Population
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface.We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Popular Financial Delusions
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface.We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Essays on African Population
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface.We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Early British Economics From the XIIIth to the Middle of the XVIIIth Century
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface.We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
The Wealth and Poverty of Nations
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface.We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
