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Applied Macroeconometrics
The objective of this book is the discussion and the practical illustration of techniques used in applied macroeconometrics. There are currently three competing approaches: the LSE (London School of Economics) approach, the VAR approach, and the intertemporal optimization/Real Business Cycle approach. This book discusses and illustrates the empirical research strategy of these three alternative approaches, pairing them with extensive discussions and replications of the relevant empirical work. Common benchmarks are used to evaluate the alternative approaches.
Austerity
A revealing look at austerity measures that succeed—and those that don't Fiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. Bringing needed clarity to one of today's most challenging economic issues, three leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt, shows that austerity is not necessarily the kiss of death for political careers as is often believed, and charts a sensible approach based on data analysis rather than ideology.
Benedetto Cotrugli – The Book of the Art of Trade
This is the first English translation of Benedetto Cotrugli's The Book of the Art of Trade, a lively account of the life of a Mediterranean merchant in the Early Renaissance, written in 1458. The book is an impassioned defense of the legitimacy of mercantile practices, and includes the first scholarly mention of double-entry bookkeeping. Its four parts focus respectively on trading techniques, from accounting to insurance, the religion of the merchant, his public life, and family matters. Originally handwritten, the book was printed in 1573 in Venice in an abridged and revised version. This new translation makes reference to the new critical edition, based on an earlier manuscript that has only recently been discovered. With scholarly essays placing Cotrugli's work into historical context and highlighting key themes, this volume is an important contribution to our understanding of the origins of management and trade practices.
One Money, Many Countries
This second major report in the Monitoring European Central Bank series provides a detailed analysis of the European Central Bank's actions and alerts the public to the main issues raised by the policies pursued by the ECB during its first year.
EMU and Public Debt Management
Recoge: 1.Introduction - 2.Debt structures - 3.Convergence of debt structures and maturities - 4.Credit risk - 5.Government securities markets - 6.Public debt management.
Europe and the Euro
It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates. Yet ten years ago a number of European countries did exactly that when they adopted the euro. Despite some dissent, there were a number of arguments in favor of this policy change: it would facilitate exchange of goods, money, and people by decreasing costs; it would increase trade; and it would enhance efficiency and competitiveness at the international level. A decade is an ideal time frame over which to evaluate the success of the euro and whether it has lived up to expectations. To that aim, Europe and the Euro looks at a number...
Tokyo and Venice as Cities on Water
Like other cities on water, Tokyo and Venice are characterised by intrinsic fragility, resulting from the combined work of the continuous emergence of technological, economic, social, and environmental forces, which affect the urban structure and landscape. Their tangible and intangible (material and immaterial) heritage can play a fundamental role in both maintaining their peculiar maritime identity and defining a future vision for the city. Accordingly, this volume focuses on how the rediscovery of water, from both architectural and cultural points of view, as well as the preservation of the historical and local character of the use of water, can contribute to new forms of resilience. The contributions from scholars, experts, and practitioners in various disciplines – from the social sciences and humanities to architecture and urban planning – that are brought together in this volume help to clarify the basic importance of maintaining and preserving the distinctive identity of two paradigmatic cases of cities on water.
The Capital Order
A Financial Times Best Book of the Year "A must-read, with key lessons for the future."—Thomas Piketty A groundbreaking examination of austerity’s dark intellectual origins. For more than a century, governments facing financial crisis have resorted to the economic policies of austerity—cuts to wages, fiscal spending, and public benefits—as a path to solvency. While these policies have been successful in appeasing creditors, they’ve had devastating effects on social and economic welfare in countries all over the world. Today, as austerity remains a favored policy among troubled states, an important question remains: What if solvency was never really the goal? In The Capital Order, p...
