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Author : Jonathan D. Bird
Publisher :
ISBN 13 : 9781544508672
Total Pages : 166 pages
Book Rating : 4.5/5 (86 download)
Download or read book Income on Demand written by Jonathan D. Bird and published by . This book was released on 2020-07 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Lester D. Taylor
Publisher : Springer Science & Business Media
ISBN 13 : 1441905103
Total Pages : 530 pages
Book Rating : 4.4/5 (419 download)
Download or read book Consumer Demand in the United States written by Lester D. Taylor and published by Springer Science & Business Media. This book was released on 2009-11-25 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: A classic treatise that defined the field of applied demand analysis, Consumer Demand in the United States: Prices, Income, and Consumption Behavior is now fully updated and expanded for a new generation. Consumption expenditures by households in the United States account for about 70% of America’s GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in price and income. Econometric estimates of price and income elasticities are obtained for an exhaustive array of goods and services using data from surveys conducted by the Bureau of Labor Statistics and aggregate consumption expenditures from the National Income and Product Accounts, providing a better understanding of consumer demand. Practical models for forecasting future price and income elasticities are also demonstrated. Fully revised with over a dozen new chapters and appendices, the book revisits the original Houthakker-Taylor models while examining new material as well, such as the use of quantile regression and the stationarity of consumer preference. It also explores the emerging connection between neuroscience and consumer behavior, integrating the economic literature on demand theory with psychology literature. The most comprehensive treatment of the topic to date, this volume will be an essential resource for any researcher, student or professional economist working on consumer behavior or demand theory, as well as investors and policymakers concerned with the impact of economic fluctuations.
Author : Lionel Robbins
Publisher : Springer
ISBN 13 : 1349127612
Total Pages : 447 pages
Book Rating : 4.3/5 (491 download)
Download or read book Economic Science and Political Economy written by Lionel Robbins and published by Springer. This book was released on 1997-08-04 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lionel Robbins, Professor of Economics at the London School of Economics, 1929-61, was the foremost British economist of his generation as well as being an influential public figure. Although he wrote many articles and books on economic theory, on contemporary issues of economic policy and in the history of economics, many of his academic articles, especially his early ones, have not been reprinted. This volume contains a selection of his major and most influential articles, in theory, policy and history.
Author : Alan Reynolds
Publisher : Greenwood
ISBN 13 : 0313336881
Total Pages : 0 pages
Book Rating : 4.3/5 (133 download)
Download or read book Income and Wealth written by Alan Reynolds and published by Greenwood. This book was released on 2006-09-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the hows and whys of income distribution--why some are rich, some are poor, how income is measured, and the impact of goverment policies on jobs and personal wealth.
Author : John Maynard Keynes
Publisher : Atlantic Publishers & Dist
ISBN 13 : 9788126905911
Total Pages : 410 pages
Book Rating : 4.9/5 (59 download)
Download or read book General Theory Of Employment , Interest And Money written by John Maynard Keynes and published by Atlantic Publishers & Dist. This book was released on 2016-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
Author : David Pothier
Publisher : International Monetary Fund
ISBN 13 : 1498300987
Total Pages : 50 pages
Book Rating : 4.4/5 (983 download)
Download or read book Demand Composition and Income Distribution written by David Pothier and published by International Monetary Fund. This book was released on 2014-12-15 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper highlights how changes in the composition of demand affect income dispersion in the short run. We first document how the share of aggregate spending dedicated to labour-intensive goods and services shrinks (expands) during downturns (booms), and argue that this contributes to the observed pro-cyclicality of employment and output in labour-intensive industries. Using a two-sector general equilibrium model, we then assess how this demand composition channel influences the cyclical properties of the income distribution. Consistent with empirical evidence, we find income inequality to be countercyclical due to changes in the level of employment and (to a lesser extent) relative factor prices. The model also shows that wealth redistribution policies can potentially involve a trade-off between equality and output, depending on how they affect the composition of aggregate demand.
Author : Philippe Van Parijs
Publisher : Harvard University Press
ISBN 13 : 0674978099
Total Pages : 395 pages
Book Rating : 4.6/5 (749 download)
Download or read book Basic Income written by Philippe Van Parijs and published by Harvard University Press. This book was released on 2017-03-20 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Powerful as well as highly engaging—a brilliant book.” —Amartya Sen A Times Higher Education Book of the Week It may sound crazy to pay people whether or not they’re working or even looking for work. But the idea of providing an unconditional basic income to everyone, rich or poor, active or inactive, has long been advocated by such major thinkers as Thomas Paine, John Stuart Mill, and John Kenneth Galbraith. Now, with the traditional welfare state creaking under pressure, it has become one of the most widely debated social policy proposals in the world. Basic Income presents the most acute and fullest defense of this radical idea, and makes the case that it is our most realistic hope for addressing economic insecurity and social exclusion. “They have set forth, clearly and comprehensively, what is probably the best case to be made today for this form of economic and social policy.” —Benjamin M. Friedman, New York Review of Books “A rigorous analysis of the many arguments for and against a universal basic income, offering a road map for future researchers.” —Wall Street Journal “What Van Parijs and Vanderborght bring to this topic is a deep understanding, an enduring passion and a disarming optimism.” —Steven Pearlstein, Washington Post
Author : Jamie Swift
Publisher : Between the Lines
ISBN 13 : 1771135484
Total Pages : 160 pages
Book Rating : 4.7/5 (711 download)
Download or read book The Case for Basic Income written by Jamie Swift and published by Between the Lines. This book was released on 2021-05-03 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality is up. Decent work is down. Free market fundamentalism has been exposed as a tragic failure. In a job market upended by COVID-19—with Canadians caught in the grip of precarious labour, stagnant wages, a climate crisis, and the steady creep of automation—an ever-louder chorus of voices calls for a liveable and obligation-free basic income. Could a basic income guarantee be the way forward to democratize security and intervene where the market economy and social programs fail? Jamie Swift and Elaine Power scrutinize the politics and the potential behind a radical proposal in a post-pandemic world: that wealth should be built by a society, not individuals. And that we all have an unconditional right to a fair share. In these pages, Swift and Power bring to the forefront the deeply personal stories of Canadians who participated in the 2017–2019 Ontario Basic Income Pilot; examine the essential literature and history behind the movement; and answer basic income’s critics from both the right and left.
Author : Apostolos Serletis
Publisher : World Scientific
ISBN 13 : 9812568182
Total Pages : 352 pages
Book Rating : 4.8/5 (125 download)
Download or read book Money and the Economy written by Apostolos Serletis and published by World Scientific. This book was released on 2006 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive and systematic introduction to the problem of the definition of money and investigates the gains that can be achieved by a rigorous use of microeconomic- and aggregation-theoretic foundations in the construction of monetary aggregates. It provides readers with key aspects of monetary economics and macroeconomics, including monetary aggregation, demand systems, flexible functional forms, long-run monetary neutrality, the welfare cost of inflation, and nonlinear chaotic dynamics.This book offers the following conclusions: the simple-sum approach to monetary aggregation and log-linear money demand functions, currently used by central banks, are inappropriate for monetary policy purposes; the choice of monetary aggregation procedure is crucial in evaluating the welfare cost of inflation; the inter-related problems of monetary aggregation and money demand will be successfully investigated in the context of flexible functional forms that satisfy theoretical regularity globally, pointing the way forward to useful and productive research.
Author : Guy Standing
Publisher : Yale University Press
ISBN 13 : 030023418X
Total Pages : 392 pages
Book Rating : 4.3/5 (2 download)
Download or read book Basic Income written by Guy Standing and published by Yale University Press. This book was released on 2017-08-29 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shouldn’t everyone receive a stake in society's wealth? Could we create a fairer world by guaranteeing income to all? What would this mean for our health, wealth, and happiness? Basic income is a revolutionary idea that guarantees regular, unconditional cash transfers from the government to all citizens. It is an acknowledgement that everyone plays a part in generating the wealth currently enjoyed by only a few and would rectify the recent breakdown in income distribution. Political parties across the world are now adopting this innovative policy and the idea generates headlines every day. Guy Standing has been at the forefront of thought surrounding basic income for the past thirty years, and in this book he covers in authoritative detail its effects on the economy, poverty, work, and labor; dissects and disproves the standard arguments against basic income; explains what we can learn from pilots across the world; and illustrates exactly why basic income has now become such an urgent necessity.
Author : Annie Lowrey
Publisher : Crown
ISBN 13 : 1524758787
Total Pages : 274 pages
Book Rating : 4.5/5 (247 download)
Download or read book Give People Money written by Annie Lowrey and published by Crown. This book was released on 2018-07-10 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times Book Review Editors' Choice Shortlisted for the 2018 FT & McKinsey Business Book of the Year Award A brilliantly reported, global look at universal basic income—a stipend given to every citizen—and why it might be necessary in an age of rising inequality, persistent poverty, and dazzling technology. Imagine if every month the government deposited $1,000 into your bank account, with nothing expected in return. It sounds crazy. But it has become one of the most influential and hotly debated policy ideas of our time. Futurists, radicals, libertarians, socialists, union representatives, feminists, conservatives, Bernie supporters, development economists, child-care workers, welfare recipients, and politicians from India to Finland to Canada to Mexico—all are talking about UBI. In this sparkling and provocative book, economics writer Annie Lowrey examines the UBI movement from many angles. She travels to Kenya to see how a UBI is lifting the poorest people on earth out of destitution, India to see how inefficient government programs are failing the poor, South Korea to interrogate UBI’s intellectual pedigree, and Silicon Valley to meet the tech titans financing UBI pilots in expectation of a world with advanced artificial intelligence and little need for human labor. Lowrey explores the potential of such a sweeping policy and the challenges the movement faces, among them contradictory aims, uncomfortable costs, and, most powerfully, the entrenched belief that no one should get something for nothing. In the end, she shows how this arcane policy has the potential to solve some of our most intractable economic problems, while offering a new vision of citizenship and a firmer foundation for our society in this age of turbulence and marvels.
Author : Giuseppe Bertola
Publisher : Princeton University Press
ISBN 13 : 0691164592
Total Pages : 439 pages
Book Rating : 4.6/5 (911 download)
Download or read book Income Distribution in Macroeconomic Models written by Giuseppe Bertola and published by Princeton University Press. This book was released on 2014-09-28 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.
Author : Michael Grossman
Publisher : Columbia University Press
ISBN 13 : 0231544529
Total Pages : 153 pages
Book Rating : 4.2/5 (315 download)
Download or read book The Demand for Health written by Michael Grossman and published by Columbia University Press. This book was released on 2017-08-08 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: A seminal work in health economics first published in 1972, Michael Grossman's The Demand for Health introduced a new theoretical model for determining the health status of the population. His work uniquely synthesized economic and public health knowledge and has catalyzed a vastly influential body of health economics literature. It is well past time to bring this important work back into print. Grossman bases his approach on Gary S. Becker's household production function model and his theory of investment in human capital. Consumers demand health, which can include illness-free days in a given year or life expectancy, and then produce it through the input of medical care services, diet, other market goods and services, and time. Grossman also treats health and knowledge as equal parts of the durable stock of human capital. Consumers therefore have an incentive to invest in health to increase their earnings in the future. From here, Grossman examines complementarities between health capital and other forms of human capital, the most important of which is knowledge capital earned through schooling and its effect on the efficiency of production. He concludes that the rate of return on investing in health by increasing education may exceed the rate of return on investing in health through greater medical care. Higher income may not lead to better health outcomes, as wealth enables the consumption of goods and services with adverse health effects. These are some of the major revelations of Grossman's model, findings that have great relevance as we struggle to understand the links between poverty, education, structural disadvantages, and health.
Author : Richard E. Baldwin
Publisher : CEPR
ISBN 13 : 1907142061
Total Pages : 246 pages
Book Rating : 4.9/5 (71 download)
Download or read book The Great Trade Collapse: Causes, Consequences and Prospects written by Richard E. Baldwin and published by CEPR. This book was released on 2009 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Timothy Higgins
Publisher : Springer
ISBN 13 : 1137413204
Total Pages : 312 pages
Book Rating : 4.1/5 (374 download)
Download or read book Income Contingent Loans written by Timothy Higgins and published by Springer. This book was released on 2014-05-28 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study explores the prospect of the application of the basic principles of ICL into many other potential areas of social and economic policy. Using case studies it evaluates previously implemented ICL schemes where interest rate subsidies are usually the norm, and questions the merits of this approach.
Author : Richard Lehmann
Publisher : John Wiley & Sons
ISBN 13 : 0470140070
Total Pages : 255 pages
Book Rating : 4.4/5 (71 download)
Download or read book Income Investing Today written by Richard Lehmann and published by John Wiley & Sons. This book was released on 2007-04-18 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income Investing Today Income Investing Today details a safe alternative to the downside risks inherent in the stock market--income securities that can provide a 7% to 8% annual cash income. With this book, fixed income expert Richard Lehmann outlines income investing concepts you need to understand, various investment vehicles, and investment strategies that will help you build a safe, diversified portfolio of investments. The investment vehicles he explains range well beyond traditional fixed income securities or creditor instruments such as bonds, to include hybrids, REITs, mutual funds, and more. He shows that the key to building a steady, growth-oriented income portfolio is to diversify over a variety of securities that depend on different drivers--that is, portfolios that are not vulnerable to any one specific economic factor such as interest rates. The ideal guide for individual investors saving for retirement and seeking more safety in their portfolios, Income Investing Today shows how a diversified collection of income securities can equal or exceed the returns from common stock with much lower risk.
Author : Bernard M. Hoekman
Publisher : Brookings Institution Press
ISBN 13 : 0815729057
Total Pages : 309 pages
Book Rating : 4.8/5 (157 download)
Download or read book Trade in the 21st Century written by Bernard M. Hoekman and published by Brookings Institution Press. This book was released on 2021-01-19 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite troubled trade negotiations, global trade—and trade policy—will thrive in the twenty-first century, but with a bow to the past. Is the multilateral trading order of the twentieth century a historical artifact? Was the creation of the World Trade Organization in 1995 the high point of multilateral cooperation on trade? This new volume, edited by Bernard M. Hoekman and Ernesto Zedillo, assesses the relevance of the WTO in the context of the rise of China and the United States' turn toward unilateral protectionism. The contributors adopt a historical perspective to discuss changes in global trade policy trends, adducing lessons from the past to help understand current trade tensions. Topics include responses to U.S. protectionism under the Trump administration, the policy dimensions of trade in services and the rise of the digital economy, how to strengthen the WTO to better negotiate new rules of the game and adjudicate disputes, managing China's integration into the global trade system, and the implications of global value chains for economic development policies. By reflecting on past episodes of protectionism and how they were resolved, Trade in the 21st Century provides both context and guidance on how trade challenges can be addressed in the coming decades.
