Income, Wealth, and the Maximum Principle

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Author :
Publisher : Harvard University Press
ISBN 13 : 0674045076
Total Pages : 352 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Income, Wealth, and the Maximum Principle by : Martin L. Weitzman

Download or read book Income, Wealth, and the Maximum Principle written by Martin L. Weitzman and published by Harvard University Press. This book was released on 2009-07-01 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compact and original exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents a new elementary yet rigorous proof of the maximum principle and a new way of applying the principle that will enable students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models. This work also emphasizes the connection between optimal control theory and the classical themes of capital theory. It offers a fresh approach to fundamental questions such as: What is income? How should it be measured? What is its relation to wealth? The book will be valuable to students who want to formulate and solve dynamic allocation problems. It will also be of interest to any economist who wants to understand results of the latest research on the relationship between comprehensive income accounting and wealth or welfare.

The Wealth of Nations and Regions

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Publisher : Routledge
ISBN 13 : 1315522918
Total Pages : 312 pages
Book Rating : 4.3/5 (155 download)

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Book Synopsis The Wealth of Nations and Regions by : Shunsuke Managi

Download or read book The Wealth of Nations and Regions written by Shunsuke Managi and published by Routledge. This book was released on 2016-11-25 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is an increasing interest in inclusive wealth, and inclusive wealth can be a solution to the problematic narrowness of the traditional national accounting sys-tem, which has been recognized for a long time. This book offers a comprehensive guide on this subject of inclusive wealth.

National Wealth

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Publisher : Oxford University Press
ISBN 13 : 0198803729
Total Pages : 493 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis National Wealth by : Kirk Hamilton

Download or read book National Wealth written by Kirk Hamilton and published by Oxford University Press. This book was released on 2017 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: To understand economics, it is crucial to define wealth, and understand how it is created, destroyed, stored and managed. This edited volume assembles high-quality contributions defining key concepts and addressing economic and policy issues around national wealth.

Resource Economics

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Publisher : Cambridge University Press
ISBN 13 : 0521697670
Total Pages : 301 pages
Book Rating : 4.5/5 (216 download)

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Book Synopsis Resource Economics by : Jon M. Conrad

Download or read book Resource Economics written by Jon M. Conrad and published by Cambridge University Press. This book was released on 2010-06-14 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: A text for students with a background in calculus and intermediate microeconomics and a familiarity with the spreadsheet software Excel.

Capitalists, Workers, and Fiscal Policy

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Publisher : Harvard University Press
ISBN 13 : 9780674031678
Total Pages : 326 pages
Book Rating : 4.0/5 (316 download)

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Book Synopsis Capitalists, Workers, and Fiscal Policy by : Thomas R. Michl

Download or read book Capitalists, Workers, and Fiscal Policy written by Thomas R. Michl and published by Harvard University Press. This book was released on 2009 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the work of the classical-Marxian economists and their modern successors, Capitalists, Workers, and Fiscal Policy sets forth a new model of economic growth and distribution, and applies it to two major policy issues: public debt and social security. The book homes in specifically on the problem of fiscal policy, examining the ways that taxation and government spending affect the distribution of wealth and income as well as the rate of economic growth. Thomas Michl’s model shows that public debt has a regressive effect on wealth distribution. It also demonstrates that the accumulation of wealth by public authorities, for example, in the form of a pension reserve such as the U.S. social security trust fund, can have a progressive effect on wealth distribution, both directly (since it represents ownership by the citizenry) and indirectly through its general equilibrium effects on the structure of accumulation. The book’s findings provide an analytical foundation for a macroeconomic policy of using fiscal surpluses to accumulate a public pension reserve fund that serves to effect a progressive redistribution of wealth.

Welfare Measurement in Imperfect Markets

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781845421519
Total Pages : 216 pages
Book Rating : 4.4/5 (215 download)

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Book Synopsis Welfare Measurement in Imperfect Markets by : Thomas Aronsson

Download or read book Welfare Measurement in Imperfect Markets written by Thomas Aronsson and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: A completely rewritten update of: Welfare measurement, sustainability, and green national accounting / Thomas Aronsson, Per-Olov Johansson, Karl-Gustaf L'ofgren. c1997.

The Share Economy

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Publisher : Harvard University Press
ISBN 13 : 9780674805835
Total Pages : 180 pages
Book Rating : 4.8/5 (58 download)

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Book Synopsis The Share Economy by : Martin L. Weitzman

Download or read book The Share Economy written by Martin L. Weitzman and published by Harvard University Press. This book was released on 1984 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discussion of profit sharing as a means of combating cyclical unemployment and inflation (stagflation) in market economies - argues that profit sharing will produce full employment without inducing inflation; discusses marginal value economic theory of wages and its effect on the labour market; briefly examines advantages of profit sharing, employee Motivation, etc., and the need for accompanying tax reform. Bibliography.

Handbook of Environmental Economics

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Publisher : Elsevier
ISBN 13 : 9780080459165
Total Pages : 556 pages
Book Rating : 4.4/5 (591 download)

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Book Synopsis Handbook of Environmental Economics by : Karl-Goran Maler

Download or read book Handbook of Environmental Economics written by Karl-Goran Maler and published by Elsevier. This book was released on 2005-12-09 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of the frontiers of environmental economics research are at the interface of large-scale and long-term environmental change with national and global economic systems. This is also where some of the most of challenging environmental policy issues occur. Volume 3 of the Handbook of Environmental Economics provides a synthesis of the latest theory on economywide and international environmental issues and a critical review of models for analyzing those issues. It begins with chapters on the fundamental relationships that connect environmental resources to economic growth and long-run social welfare. The following chapters consider how environmental policy differs in a general-equiIibrium setting from a partial-equilibrium setting and in a distorted economy from a perfect economy. The volume closes with chapters on environmental issues that cross or transcend national borders, such as trade and the environment, biodiversity conservation, acid rain, ozone depletion, and global climate change. The volume provides a useful reference for not only natural resource and environmental economists but also international economists, development economists, and macroeconomists.

Economic Theory and Sustainable Development

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Author :
Publisher : Routledge
ISBN 13 : 0415544777
Total Pages : 217 pages
Book Rating : 4.4/5 (155 download)

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Book Synopsis Economic Theory and Sustainable Development by : Vincent Martinet

Download or read book Economic Theory and Sustainable Development written by Vincent Martinet and published by Routledge. This book was released on 2012 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines the different ways in which the concepts of sustainability and sustainable development are interpreted in economics. As well as the oft-studied neoclassical take on matters, the author develops new approaches that are less reliant on utilitarianism and discounting.

The New Palgrave Dictionary of Economics

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Publisher : Springer
ISBN 13 : 1349588024
Total Pages : 7493 pages
Book Rating : 4.3/5 (495 download)

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Book Synopsis The New Palgrave Dictionary of Economics by :

Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

Measuring Economic Sustainability and Progress

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Publisher : University of Chicago Press
ISBN 13 : 022612147X
Total Pages : 672 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Measuring Economic Sustainability and Progress by : Dale W. Jorgenson

Download or read book Measuring Economic Sustainability and Progress written by Dale W. Jorgenson and published by University of Chicago Press. This book was released on 2014-10-17 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Great Depression, researchers and statisticians have recognized the need for more extensive methods for measuring economic growth and sustainability. The recent recession renewed commitments to closing long-standing gaps in economic measurement, including those related to sustainability and well-being. The latest in the NBER’s influential Studies in Income and Wealth series, which has played a key role in the development of national account statistics in the United States and other nations, this volume explores collaborative solutions between academics, policy researchers, and official statisticians to some of today’s most important economic measurement challenges. Contributors to this volume extend past research on the integration and extension of national accounts to establish an even more comprehensive understanding of the distribution of economic growth and its impact on well-being, including health, human capital, and the environment. The research contributions assess, among other topics, specific conceptual and empirical proposals for extending national accounts.

A New Architecture for the U.S. National Accounts

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226410870
Total Pages : 650 pages
Book Rating : 4.2/5 (264 download)

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Book Synopsis A New Architecture for the U.S. National Accounts by : Dale W. Jorgenson

Download or read book A New Architecture for the U.S. National Accounts written by Dale W. Jorgenson and published by University of Chicago Press. This book was released on 2007-11-01 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New Architecture for the U.S. National Accounts brings together a distinguished group of contributors to initiate the development of a comprehensive and fully integrated set of United States national accounts. The purpose of the new architecture is not only to integrate the existing systems of accounts, but also to identify gaps and inconsistencies and expand and incorporate systems of nonmarket accounts with the core system. Since the United States economy accounts for almost thirty percent of the world economy, it is not surprising that accounting for this huge and diverse set of economic activities requires a decentralized statistical system. This volume outlines the major assignments among institutions that include the Bureau of Economic Analysis, the Bureau of Labor Statistics, the Department of Labor, the Census Bureau, and the Governors of the Federal Reserve System. An important part of the motivation for the new architecture is to integrate the different components and make them consistent. This volume is the first step toward achieving that goal.

Symmetry and Economic Invariance

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Publisher : Springer Science & Business Media
ISBN 13 : 4431544305
Total Pages : 278 pages
Book Rating : 4.4/5 (315 download)

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Book Synopsis Symmetry and Economic Invariance by : Ryuzo Sato

Download or read book Symmetry and Economic Invariance written by Ryuzo Sato and published by Springer Science & Business Media. This book was released on 2013-12-09 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Symmetry and Economic Invariance (second enhanced edition) explores how the symmetry and invariance of economic models can provide insights into their properties. Although the professional economist of today is adept at many of the mathematical techniques used in static and dynamic optimization models, group theory is still not among his or her repertoire of tools. The authors aim to show that group theoretic methods form a natural extension of the techniques commonly used in economics and that they can be easily mastered. Part I provides an introduction that minimizes prerequisites including prior knowledge of group theory. Part II discusses recent developments in the field.

Green Growth and Sustainable Development

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Publisher : Springer Science & Business Media
ISBN 13 : 3642343546
Total Pages : 239 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Green Growth and Sustainable Development by : Jesús Crespo Cuaresma

Download or read book Green Growth and Sustainable Development written by Jesús Crespo Cuaresma and published by Springer Science & Business Media. This book was released on 2012-12-21 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines problems associated with green growth and sustainable development on the basis of recent contributions in economics, natural sciences and applied mathematics, especially optimal control theory. Its main topics include pollution, biodiversity, exhaustible resources and climate change. The integrating framework of the book is dynamic systems theory which offers a common basis for multidisciplinatory research and mathematical tools for solving complicated models, leading to new insights in environmental issues. ​

German and Chinese Contributions to Digitalization

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Publisher : Springer Nature
ISBN 13 : 3658293403
Total Pages : 286 pages
Book Rating : 4.6/5 (582 download)

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Book Synopsis German and Chinese Contributions to Digitalization by : Andreas Oberheitmann

Download or read book German and Chinese Contributions to Digitalization written by Andreas Oberheitmann and published by Springer Nature. This book was released on 2020-08-01 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digitalization is one of the biggest challenges of the 21st Century. In Germany, the concept of Industry 4.0 goes back to the high-tech strategy of the Federal Government and describes the interlocking of industrial production with the latest information and communication technology. In the intelligent factory, intelligent and networked machines will operate, decide and optimize largely autonomously in cooperation with humans. For China, the German concept Industry 4.0 is a strategic source of inspiration. Among other things, it was a model for the current Chinese innovation and industrial policy strategy Made in China 2025. This book is looking into different aspects of digitalization. Part 1 presents the concept of Industry 4.0, both, from the German and the Chinese perspective. Part 2 describes the Chinese innovation concept Made in China 2025 within different economic sectors in China and discusses to what extent Industry 4.0 might be considered its role model. Part 3 presents the opportunities and challenges of digitalization and big data from a regional perspective. Part 4 analyses the special aspect of the impacts of digitalization for the banking sector and international trade cooperation. Finally, Part 5 focuses on digitalization and innovation considering small and medium-sized companies in particular.

Environmental Policy, Sustainability and Welfare

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1781955123
Total Pages : 200 pages
Book Rating : 4.7/5 (819 download)

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Book Synopsis Environmental Policy, Sustainability and Welfare by : Thomas Aronsson

Download or read book Environmental Policy, Sustainability and Welfare written by Thomas Aronsson and published by Edward Elgar Publishing. This book was released on 2018-01-26 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive and accessible textbook addresses important relationships between economics and environmental policy, highlighting in particular the role of taxation. It also connects environmental policy to social accounting by describing how measures of welfare and sustainable development depend on whether policies successfully internalize market failures.

Rethinking Society for the 21st Century: Volume 1, Socio-Economic Transformations

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Publisher : Cambridge University Press
ISBN 13 : 1108502393
Total Pages : 971 pages
Book Rating : 4.1/5 (85 download)

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Book Synopsis Rethinking Society for the 21st Century: Volume 1, Socio-Economic Transformations by : International Panel on Social Progress (IPSP)

Download or read book Rethinking Society for the 21st Century: Volume 1, Socio-Economic Transformations written by International Panel on Social Progress (IPSP) and published by Cambridge University Press. This book was released on 2018-07-19 with total page 971 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first of three volumes containing a report from the International Panel on Social Progress (IPSP). The IPSP is an independent association of top research scholars with the goal of assessing methods for improving the main institutions of modern societies. Written in accessible language by scholars across the social sciences and humanities, these volumes assess the achievements of world societies in past centuries, the current trends, the dangers that we are now facing, and the possible futures in the twenty-first century. It covers the main socio-economic, political, and cultural dimensions of social progress, global as well as regional issues, and the diversity of challenges and their interplay around the world. This particular volume covers topics such as economic inequality and growth, finance and corporations, labor, capitalism, and social justice.