Clarendon Lectures in Economics – serie
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14 produkter
Volatility and Growth
Av Philippe Aghion, Abhijit Banerjee
Häftad, 2020
347 kr
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It has long been recognized that productivity growth and the business cycle are closely interrelated. Yet, until recently, the two phenomena have been investigated separately in the economics literature. This book provides the first consistent attempt to analyze the effects of macroeconomic …
Volatility and Growth
Av Philippe Aghion, Abhijit Banerjee
Inbunden, 2005
1733 kr
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It has long been recognized that productivity growth and the business cycle are closely interrelated. Yet, until recently, the two phenomena have been investigated separately in the economics literature. This book provides the first consistent attempt to analyze the effects of macroeconomic …
Game Theory and Economic Modelling
Häftad, 1990
944 kr
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Over the past two decades, academic economics has undergone a mild revolution in methodology. The language, concepts and techniques of noncooperative game theory have become central to the discipline.This book provides the reader with some basic concepts from noncooperative theory, and then goes on …
Crisis, Stabilization, and Economic Reform
Therapy by Consensus
Inbunden, 1993
2753 kr
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This book authoritatively considers the phenomenon of the severe economic crises of the 1970s and 1980s, as exemplified by the combination of high inflation and negative growth in Israel and Latin America. The author analyses the common characteristics of such processes and their possible …
Understanding Consumption
Av Angus Deaton
Häftad, 1992
1257 kr
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This book provides an overview of the recent research on saving and consumption, a field in which substantial progress has been made over the last decade.Attempts by economists to understand saving and consumption patterns have generated some of the best science in economics. For more than fifty …
Firms, Contracts, and Financial Structure
Av Oliver Hart
Häftad, 1995
955 kr
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This book provides a framework for thinking about economic instiutions such as firms. The basic idea is that institutions arise in situations where people write incomplete contracts and where the allocation of power or control is therefore important. Power and control are not standard concepts in …
Inefficient Markets
An Introduction to Behavioral Finance
Häftad, 2000
744 kr
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The efficient markets hypothesis has been the central proposition in finance for nearly thirty years. It states that securities prices in financial markets must equal fundamental values, either because all investors are rational or because arbitrage eliminates pricing anomalies. This book describes …
Inefficient Markets
An Introduction to Behavioural Finance
Inbunden, 2000
3319 kr
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The efficient markets hypothesis has been the central proposition in finance for nearly thirty years. It states that securities prices in financial markets must equal fundamental values, either because all investors are rational or because arbitrage eliminates pricing anomalies. This book describes …
The Economics of Post-Communist Transition
Häftad, 1998
748 kr
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Transition in Central and Eastern Europe has led to a U-shaped response of output: a sharp decline in output followed by recovery. Most of the countries of Central Europe seem now firmly on the upside; most of the countries of Eastern Europe are still close to the bottom of the U: an optimistic …
Macro Markets
Creating Institutions for Managing Society's Largest Economic Risks
Häftad, 1998
994 kr
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Macro Markets puts forward a unique and authoritative set of detailed proposals for establishing new markets for the management of the biggest economic risks facing society. Our existing financial markets are seen as being inadequate in dealing with such risks and Professor Shiller suggests major …
Incentives and Political Economy
Inbunden, 2000
804 kr
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Mainstream economics has recognized only recently the necessity to incorporate political constraints into economic analysis intended for policy advisors. Incentives and Political Economy uses recent advances in contract theory to build a normative approach to constitutional design in economic …
Strategic Asset Allocation
Portfolio Choice for Long-Term Investors
Av John Y. Campbell, Luis M. Viceira
Inbunden, 2002
1677 kr
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Academic finance has had a remarkable impact on many financial services. Yet long-term investors have received curiously little guidance from academic financial economists.Mean-variance analysis, developed almost fifty years ago, has provided a basic paradigm for portfolio choice. This approach …
Incentives and Political Economy
Häftad, 2001
1298 kr
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Mainstream economics has only recently recognized the need to incorporate political constraints into economic analysis intended for policy advisors. "Incentives and Political Economy" uses recent advances in contract theory to build a normative approach to constitutional design in economic …
Competing in Capabilities
The Globalization Process
Av John Sutton
Inbunden, 2012
908 kr
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This book offers a new perspective on the economics of globalization, based on the concepts of firms' capabilities as the immediate cause of countries' wealth. It presents new ways of looking at the way China, India, and Africa have been drawn into the global economy over the past two decades. It …
