The Economics of New Goods

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226074188
Total Pages : 508 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis The Economics of New Goods by : Timothy F. Bresnahan

Download or read book The Economics of New Goods written by Timothy F. Bresnahan and published by University of Chicago Press. This book was released on 2008-04-15 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: New goods are at the heart of economic progress. The eleven essays in this volume include historical treatments of new goods and their diffusion; practical exercises in measurement addressed to recent and ongoing innovations; and real-world methods of devising quantitative adjustments for quality change. The lead article in Part I contains a striking analysis of the history of light over two millenia. Other essays in Part I develop new price indexes for automobiles back to 1906; trace the role of the air conditioner in the development of the American south; and treat the germ theory of disease as an economic innovation. In Part II essays measure the economic impact of more recent innovations, including anti-ulcer drugs, new breakfast cereals, and computers. Part III explores methods and defects in the treatment of quality change in the official price data of the United States, Canada, and Japan. This pathbreaking volume will interest anyone who studies economic growth, productivity, and the American standard of living.

Nber Macroeconomics Annual 1997

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Author :
Publisher : MIT Press
ISBN 13 : 9780262522427
Total Pages : 372 pages
Book Rating : 4.5/5 (224 download)

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Book Synopsis Nber Macroeconomics Annual 1997 by : Ben S. Bernanke

Download or read book Nber Macroeconomics Annual 1997 written by Ben S. Bernanke and published by MIT Press. This book was released on 1997 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inequality and Growth

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Author :
Publisher : MIT Press
ISBN 13 : 0262050692
Total Pages : 343 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Inequality and Growth by : Theo S. Eicher

Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2003 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays exploring the relationship between economic growth and inequality and the implications for policy makers.

NBER Macroeconomics Annual 2005

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Author :
Publisher : MIT Press
ISBN 13 : 0262072726
Total Pages : 479 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis NBER Macroeconomics Annual 2005 by : Kenneth S. Rogoff

Download or read book NBER Macroeconomics Annual 2005 written by Kenneth S. Rogoff and published by MIT Press. This book was released on 2006-04 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 20th NBER Macroeconomics Annual, covering questions at the cutting edge of macroeconomics that are central to current policy debates.

Reducing Inflation

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Publisher : University of Chicago Press
ISBN 13 : 0226724832
Total Pages : 434 pages
Book Rating : 4.2/5 (267 download)

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Book Synopsis Reducing Inflation by : Christina D. Romer

Download or read book Reducing Inflation written by Christina D. Romer and published by University of Chicago Press. This book was released on 2007-12-01 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: While there is ample evidence that high inflation is harmful, little is known about how best to reduce inflation or how far it should be reduced. In this volume, sixteen distinguished economists analyze the appropriateness of low inflation as a goal for monetary policy and discuss possible strategies for reducing inflation. Section I discusses the consequences of inflation. These papers analyze inflation's impact on the tax system, labor market flexibility, equilibrium unemployment, and the public's sense of well-being. Section II considers the obstacles facing central bankers in achieving low inflation. These papers study the precision of estimates of equilibrium unemployment, the sources of the high inflation of the 1970s, and the use of non-traditional indicators in policy formation. The papers in section III consider how institutions can be designed to promote successful monetary policy, and the importance of institutions to the performance of policy in the United States, Germany, and other countries. This timely volume should be read by anyone who studies or conducts monetary policy.

The World Economy

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Publisher : Cambridge University Press
ISBN 13 : 1107143349
Total Pages : 597 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis The World Economy by : Dale W. Jorgenson

Download or read book The World Economy written by Dale W. Jorgenson and published by Cambridge University Press. This book was released on 2016-11-24 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first long-term analysis of the process of structural change and productivity growth in Asia, Europe, Latin America and the USA.

NBER Macroeconomics Annual 2018

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Author :
Publisher : University of Chicago Press Journals
ISBN 13 : 9780226645728
Total Pages : 0 pages
Book Rating : 4.6/5 (457 download)

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Book Synopsis NBER Macroeconomics Annual 2018 by : Martin Eichenbaum

Download or read book NBER Macroeconomics Annual 2018 written by Martin Eichenbaum and published by University of Chicago Press Journals. This book was released on 2019-08-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains six studies on current topics in macroeconomics. The first shows that while assuming rational expectations is unrealistic, a finite-horizon forward planning model can yield results similar to those of a rational expectations equilibrium. The second explores the aggregate risk of the U.S. financial sector, and in particular whether it is safer now than before the 2008 financial crisis. The third analyzes “factorless income,” output that is not measured as capital or labor income. Next, a study argues that the financial crisis increased the perceived risk of a very bad economic and financial outcome, and explores the propagation of large, rare shocks. The next paper documents the substantial recent changes in the manufacturing sector and the decline in employment among prime-aged Americans since 2000. The last paper analyzes the dynamic macroeconomic effects of border adjustment taxes.

NBER Macroeconomics Annual 2015

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Publisher : University of Chicago Press
ISBN 13 : 022639574X
Total Pages : 517 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis NBER Macroeconomics Annual 2015 by : Martin Eichenbaum

Download or read book NBER Macroeconomics Annual 2015 written by Martin Eichenbaum and published by University of Chicago Press. This book was released on 2016-06-22 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: This year, the NBER Macroeconomics Annual celebrates its thirtieth volume. The first two papers examine China’s macroeconomic development. “Trends and Cycles in China's Macroeconomy” by Chun Chang, Kaiji Chen, Daniel F. Waggoner, and Tao Zha outlines the key characteristics of growth and business cycles in China. “Demystifying the Chinese Housing Boom” by Hanming Fang, Quanlin Gu, Wei Xiong, and Li-An Zhou constructs a new house price index, showing that Chinese house prices have grown by ten percent per year over the past decade. The third paper, “External and Public Debt Crises” by Cristina Arellano, Andrew Atkeson, and Mark Wright, asks why there appear to be large differences across countries and subnational jurisdictions in the effect of rising public debts on economic outcomes. The fourth, “Networks and the Macroeconomy: An Empirical Exploration” by Daron Acemoglu, Ufuk Akcigit, and William Kerr, explains how the network structure of the US economy propagates the effect of gross output productivity shocks across upstream and downstream sectors. The fifth and sixth papers investigate the usefulness of surveys of household’s beliefs for understanding economic phenomena. “Expectations and Investment,” by Nicola Gennaioli, Yueran Ma, and Andrei Shleifer, demonstrates that a chief financial officer's expectations of a firm's future earnings growth is related to both the planned and actual future investment of that firm. “Declining Desire to Work and Downward Trends in Unemployment and Participation” by Regis Barnichon and Andrew Figura shows that an increasing number of prime-age Americans who are not in the labor force report no desire to work and that this decline accelerated during the second half of the 1990s.

NBER Macroeconomics Annual 2005

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Author :
Publisher : MIT Press
ISBN 13 : 0262572346
Total Pages : 479 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis NBER Macroeconomics Annual 2005 by : Kenneth S. Rogoff

Download or read book NBER Macroeconomics Annual 2005 written by Kenneth S. Rogoff and published by MIT Press. This book was released on 2006-04 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 20th NBER Macroeconomics Annual, covering questions at the cutting edge of macroeconomics that are central to current policy debates.

International Finance and Financial Crises

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9780792385790
Total Pages : 302 pages
Book Rating : 4.3/5 (857 download)

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Book Synopsis International Finance and Financial Crises by : Robert P. Flood

Download or read book International Finance and Financial Crises written by Robert P. Flood and published by Springer Science & Business Media. This book was released on 1999 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Finance and Financial Crises: Essays in Honor of Robert P. Flood, Jr. contains the proceedings of a conference held in honor of Robert P. Flood, Jr. Bob Flood has made important contributions to many areas of economic analysis, including regime switching, speculative attacks, bubbles, stock market volatility, macro models with nominal rigidities, dual exchange rates, target zones, and rules versus discretion in monetary policy. Contributors were invited to address any of the topics or others of their choosing. The results include five papers on topics in international finance; two of these papers, as well as the panel discussion, focus on speculative attacks and financial crises. The other three take new directions in exploring topics in which existing models leave much to be desired.

Monetary Policy Strategy

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Publisher : MIT Press
ISBN 13 : 0262134829
Total Pages : 561 pages
Book Rating : 4.2/5 (621 download)

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Book Synopsis Monetary Policy Strategy by : Frederic S. Mishkin

Download or read book Monetary Policy Strategy written by Frederic S. Mishkin and published by MIT Press. This book was released on 2007 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin is not only an academic expert in the field but also a high-level policymaker. He is especially well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategydescribes his work over the last ten years, offering published papers, new introductory material, and a summing up, "Everything You Wanted to Know about Monetary Policy Strategy, But Were Afraid to Ask," which reflects on what we have learned about monetary policy over the last thirty years. Mishkin blends theory, econometric evidence, and extensive case studies of monetary policy in advanced and emerging market and transition economies. Throughout, his focus is on these key areas: the importance of price stability and a nominal anch fiscal and financial preconditions for achieving price stability; central bank independence as an additional precondition; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency and communication; and the role of asset prices in monetary policy.

Schooling, Experience, and Earnings

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (15 download)

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Book Synopsis Schooling, Experience, and Earnings by : Jacob Mincer

Download or read book Schooling, Experience, and Earnings written by Jacob Mincer and published by . This book was released on 1993 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

NBER Macroeconomics Annual 2004

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Author :
Publisher : MIT Press
ISBN 13 : 9780262572293
Total Pages : 508 pages
Book Rating : 4.5/5 (722 download)

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Book Synopsis NBER Macroeconomics Annual 2004 by : National Bureau of Economic Research

Download or read book NBER Macroeconomics Annual 2004 written by National Bureau of Economic Research and published by MIT Press. This book was released on 2005 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers by leading researchers consider such questions as the effect of government debt on interest rates; technology shocks, demand shocks, and output volatility; and procyclical macroeconomic policies in developing countries.

NBER Macroeconomics Annual 2001

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Author :
Publisher : MIT Press
ISBN 13 : 9780262523233
Total Pages : 398 pages
Book Rating : 4.5/5 (232 download)

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Book Synopsis NBER Macroeconomics Annual 2001 by : Ben S. Bernanke

Download or read book NBER Macroeconomics Annual 2001 written by Ben S. Bernanke and published by MIT Press. This book was released on 2002 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current issues in macroeconomics.

NBER Macroeconomics Annual 2003

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Author :
Publisher : MIT Press
ISBN 13 : 9780262572217
Total Pages : 436 pages
Book Rating : 4.5/5 (722 download)

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Book Synopsis NBER Macroeconomics Annual 2003 by : Mark Gertler

Download or read book NBER Macroeconomics Annual 2003 written by Mark Gertler and published by MIT Press. This book was released on 2004 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: The NBER Macroeconomics Annual presents pioneering work in macroeconomics by leading academic researchers to an audience of public policymakers and the academic community. Each commissioned paper is followed by comments and discussion. This year's edition provides a mix of cutting-edge research and policy analysis on such topics as productivity and information technology, the increase in wealth inequality, behavioral economics, and inflation.

The Effectiveness of Fiscal Policy in Stimulating Economic Activity

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Effectiveness of Fiscal Policy in Stimulating Economic Activity by : Richard Hemming

Download or read book The Effectiveness of Fiscal Policy in Stimulating Economic Activity written by Richard Hemming and published by International Monetary Fund. This book was released on 2002-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.

Trade and Development Report

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Publisher :
ISBN 13 :
Total Pages : 230 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Trade and Development Report by : United Nations Conference on Trade and Development. Secretariat

Download or read book Trade and Development Report written by United Nations Conference on Trade and Development. Secretariat and published by . This book was released on 1981 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: