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Precautionary Motives Versus Waiting Options
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Book Synopsis Precautionary Motives Versus Waiting Options by : Makoto Saito
Download or read book Precautionary Motives Versus Waiting Options written by Makoto Saito and published by . This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Precautionary Savings and Income Uncertainty by : Keiko Murata
Download or read book Precautionary Savings and Income Uncertainty written by Keiko Murata and published by . This book was released on 2003 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Japan's Bubble, Deflation, and Long-term Stagnation by : Kōichi Hamada
Download or read book Japan's Bubble, Deflation, and Long-term Stagnation written by Kōichi Hamada and published by MIT Press. This book was released on 2011 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: New perspectives on Japan's "lost decade" viewed in the context of recent financial turmoil.
Download or read book Monetary and Economic Studies written by and published by . This book was released on 2003 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Monetary Policy with Very Low Inflation in the Pacific Rim by : Takatoshi Ito
Download or read book Monetary Policy with Very Low Inflation in the Pacific Rim written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2007-11-01 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extremely low inflation rates have moved to the forefront of monetary policy discussions. In Asia, a number of countries—most prominently Japan, but also Taiwan and China—have actually experienced deflation over the last fifteen years. Monetary Policy with Very Low Inflation in the Pacific Rim explores the factors that have contributed to these circumstances and forecasts some of the potential challenges faced by these nations, as well as some potential solutions. The editors of this volume attribute low inflation and deflation in the region to a number of recent phenomena. Some of these episodes, they argue, may be linked to rapid growth on the supply side of economies. Here, inadequate demand policy can produce what is referred to as a "liquidity trap" in which the expectation of falling prices encourages agents to defer costly purchases, thereby discouraging growth. Low inflation rates can also be traced to the presence of a "zero-lower bound" on interest rates, as well as the inflation-targeting phenomenon. Targets have been set so low, the editors argue, that in some cases a few bad shocks lead to deflation.
Book Synopsis Bank of Japan Monetary and Economic Studies by :
Download or read book Bank of Japan Monetary and Economic Studies written by and published by . This book was released on 2003 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economics Broadly Considered by : Jeff E. Biddle
Download or read book Economics Broadly Considered written by Jeff E. Biddle and published by Routledge. This book was released on 2001-03-29 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Warren J. Samuels has been a prominent figure in the study of economics in the twentieth century. This book brings together essays by leading scholars in the areas of economics in which Samuels has made his most important contributions: the history of economic thought, economic methodology, and institutional and post-Keynesian economics. This work is designed to give the reader a sense of the breadth and possibilities of economics. The essays, all published here for the first time, investigate issues such as: The institutional structures that shape economic activity and performance. The variety of approaches to economic analysis. The importance of the history of the discipline both inherently and for the study of economics in the modern age. With essays from leading scholars, collected and introduced by some of the most eminent authorities in the field, the work is a formidable volume, and one fit to honor one of the most renowned economists of our age.
Book Synopsis Risk and Precaution by : Alan Randall
Download or read book Risk and Precaution written by Alan Randall and published by Cambridge University Press. This book was released on 2011-02-03 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The precautionary principle has been labeled simplistic and the rational approach to decision-making under risk was modeled on well-specified games of chance. How then are we to manage the risks, uncertainties, and 'unknown unknowns' of the real world? In this book, Alan Randall unravels the key controversies surrounding the precautionary principle and develops a new framework that can be taken seriously in policy and management circles. Respecting the complexity of the real world, he defines a justifiable role for the precautionary principle in a risk management framework that integrates precaution with elements of the standard risk management model. This is explained using examples from medicine, pharmacy, synthetic chemicals, nanotechnology, the environment and natural resources conservation. This carefully reasoned but highly accessible book will appeal to readers from a broad range of disciplines, including environmental policy, risk management and cost-benefit analysis.
Book Synopsis Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty by : Eliphas Ndou
Download or read book Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty written by Eliphas Ndou and published by Springer. This book was released on 2019-08-13 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on income inequality, output-inflation trade-off and economic policy uncertainty in South Africa. Tight monetary and macroprudential policies raise income inequality. Income inequality transmits monetary policy and macroprudential policy shocks to real economic activity. Economic policy uncertainty influences the dynamics in the lending rate margins, inflation expectations, credit, pass-through of the repo rate to bank lending rates and companies’ cash holdings. The trade-off between output and inflation and output growth persistence vary with inflation regimes. Stimulatory demand policy shocks are less effective in high inflation regime. High income inequality raises consumption inequality, which raises demand for credit, but price stability matters in this link. Increased bank concentration raises income inequality, lowers economic growth and employment rate. Elevated economic policy uncertainty lowers output growth, lowers capital formation, reduces credit and raises companies’ cash holdings. Increased companies’ cash holdings reduce capital formation and impact the transmission of expansionary monetary policy shocks to real economic activity. This book shows there is an inflation level within the target band below it which lowers income inequality, while raising GDP growth and employment. Thus price stability, economic policy uncertainty and income inequality matter for the efficient transmission of policy shocks.
Book Synopsis Global Uncertainty and the Volatility of Agricultural Commodities Prices by : B.R. Munier
Download or read book Global Uncertainty and the Volatility of Agricultural Commodities Prices written by B.R. Munier and published by IOS Press. This book was released on 2012-04-24 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization’s oversimplified faith in free markets.The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds – professors at major international universities or researchers within specialized international organizations – the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide.
Book Synopsis The Art and Practice of Military Strategy by : George Edward Thibault
Download or read book The Art and Practice of Military Strategy written by George Edward Thibault and published by . This book was released on 1984 with total page 904 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rural Poverty, Risk and Development by : Marcel Fafchamps
Download or read book Rural Poverty, Risk and Development written by Marcel Fafchamps and published by Food & Agriculture Org.. This book was released on 1999 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: All men and women are subject to risk: illness, accident, death. Some shocks affect their ability to feed and support themselves properly, either temporarily: unemployment, crop failure, and loss of property; or permanently: disability, and skill obsolescence.This report summarises what is known and also what is not known about the sources of risk faced by the rural poor and their coping strategies. It examines the impact of risk and risk-coping strategies on development and the way in which governments and international organisations can assist in dealing with risk and overcoming poverty.
Book Synopsis Why Isn't Government Policy More Preventive? by : Paul Cairney
Download or read book Why Isn't Government Policy More Preventive? written by Paul Cairney and published by . This book was released on 2020 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains a major gap between the stated aims of governments and the actual outcomes. Based on systematic theoretical and empirical analysis, the book helps us understand the puzzle enough to warn against repeating many mistakes of the past.
Book Synopsis Pension Design and Structure by : Olivia S. Mitchell
Download or read book Pension Design and Structure written by Olivia S. Mitchell and published by Oxford University Press. This book was released on 2004-07-15 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employees are being given more and more decisions to make with regards to their pension and healthcare plans. Yet increasing research in the social sciences shows that the decisions 'real' people make are not those of the thoughtful and well-informed economic agent often portrayed in economic research, but are often based on flawed information and made without a full understanding of their financial implications. The contributors to Pension Design and Structure explore theassumptions behind commonly-held theories of retirement decision-making, and the consequences of the growing volume of research in behavioural finance and economics for the field of pension research. Contributors are drawn from a variety of disciplines, and include leading pensions experts.
Book Synopsis Precautionary Rights and Duties of States by : Arie Trouwborst
Download or read book Precautionary Rights and Duties of States written by Arie Trouwborst and published by BRILL. This book was released on 2006-06-01 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concluding that the precautionary principle embodies customary international law is one thing. Determining what this means is quite another. That challenge is met by this work, which resolves a number of crucial questions concerning the scope of this principle of international environmental law; the conditions triggering a right or duty to take precautionary action; the measures to be taken; the allocation of the burden of proof; and the role of socio-economic factors. These questions are dealt with one at a time through the charting and analysis of patterns and common denominators in the extensive (inter)national practice of states regarding the precautionary principle. The hard legal core of the principle is thus gradually exposed. In the process, a realistic and accessible account is given of how and to what extent this general principle can and does direct the actions of states in concrete instances. Ultimately, this work sets out what it takes to act in conformity with the precautionary principle under general international law, and will be of interest to anyone involved with international law and environmental protection.
Book Synopsis Keynes on Monetary Policy, Finance and Uncertainty by : Jorg Bibow
Download or read book Keynes on Monetary Policy, Finance and Uncertainty written by Jorg Bibow and published by Routledge. This book was released on 2013-03-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a reassessment of Keynes’ theory of liquidity preference. It argues that the failure of the Keynesian revolution to be made in either theory or practice owes importantly to the fact that the role of liquidity preference theory as a pivotal element in Keynes’ General Theory has remained underexplored and indeed widely misunderstood even among Keynes’ followers and until today. The book elaborates on and extends Keynes’ conceptual framework, moving it from the closed economy to the global economy context, and applies liquidity preference theory to current events and prominent hypotheses in global finance. Jörg Bibow presents Keynes’ liquidity preference theory as a distinctive and highly relevant approach to monetary theory offering a conceptual framework of general applicability for explaining the role and functioning of the financial system. He argues that, in a dynamic context, liquidity preference theory may best be understood as a theory of financial intermediation. Through applications to current events and prominent hypotheses in global finance, this book underlines the richness, continued relevance, and superiority of Keynes’ theory of liquidity preference; with Hyman Minsky standing out for developing Keynes’ vision of financial capitalism.
Book Synopsis American Force by : Richard K. Betts
Download or read book American Force written by Richard K. Betts and published by Columbia University Press. This book was released on 2013-09-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: While American national security policy has grown more interventionist since the Cold War, Washington has also hoped to shape the world on the cheap. Misled by the stunning success against Iraq in 1991, administrations of both parties have pursued ambitious aims with limited force, committing the country’s military frequently yet often hesitantly, with inconsistent justification. These ventures have produced strategic confusion, unplanned entanglements, and indecisive results. This collection of essays by Richard K. Betts, a leading international politics scholar, investigates the use of American force since the end of the Cold War, suggesting guidelines for making it more selective and successful. Betts brings his extensive knowledge of twentieth century American diplomatic and military history to bear on the full range of theory and practice in national security, surveying the Cold War roots of recent initiatives and arguing that U.S. policy has always been more unilateral than liberal theorists claim. He exposes mistakes made by humanitarian interventions and peace operations; reviews the issues raised by terrorism and the use of modern nuclear, biological, and cyber weapons; evaluates the case for preventive war, which almost always proves wrong; weighs the lessons learned from campaigns in Iraq, Afghanistan, and Vietnam; assesses the rise of China and the resurgence of Russia; quells concerns about civil-military relations; exposes anomalies within recent defense budgets; and confronts the practical barriers to effective strategy. Betts ultimately argues for greater caution and restraint, while encouraging more decisive action when force is required, and he recommends a more dispassionate assessment of national security interests, even in the face of global instability and unfamiliar threats.