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The Foundations of Modern Macroeconomics
  • Language: en
  • Pages: 751

The Foundations of Modern Macroeconomics

This comprehensive textbook for a core course in modern macroeconomics deals with all the major topics, summarizes the important approaches, and gives students a coherent angle on all aspects of macroeconomic thought. Each chapter deals with a separate area of macroeconomics, and each contains a summary section of key points and a further reading list.

The Handbook of International Macroeconomics
  • Language: en
  • Pages: 616

The Handbook of International Macroeconomics

Bringing together contributions from international experts working at the cutting edge of research the handbook reflects recent rapid advances in both theory and practice. The Handbook of International Macroeconomics d is an essential resource for advanced undergraduate and postgraduate students.

Climate Policy and Nonrenewable Resources
  • Language: en
  • Pages: 305

Climate Policy and Nonrenewable Resources

  • Type: Book
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  • Published: 2014-08-22
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  • Publisher: MIT Press

A detailed and rigorous analysis of the effect of climate policies on climate change that questions the empirical and theoretical support for the “green paradox.” Recent developments suggest that well-intended climate policies—including carbon taxes and subsidies for renewable energy—might not accomplish what policy makers intend. Hans-Werner Sinn has described a “green paradox,” arguing that these policies could hasten global warming by encouraging owners of fossil fuel reserves to increase their extraction rates for fear that their reserves will become worthless. In this volume, economists investigate the empirical and theoretical support for the green paradox. Offering detaile...

Dynamic Policy Games in Economics
  • Language: en
  • Pages: 348

Dynamic Policy Games in Economics

  • Type: Book
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  • Published: 2014-06-28
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  • Publisher: Elsevier

The aim of this volume is to consider intertemporal and strategic issues in the formulation of economic policy so that dynamic game methodology is appropriate. When changes in economic policy are evaluated the reactions and expectations of other economic agents cannot be ignored, and in a dynamic setting issues like time inconsistency, subgame perfectness, reputation and information become important. The papers contained in this volume are the revised versions of those presented at a conference held in 1988 at Tilburg University, The Netherlands. They include methodological contributions and strategic analyses of macroeconomic policy, resource economics, international policy coordination and the arms race.

Environmental Policy and the Economy
  • Language: en
  • Pages: 346

Environmental Policy and the Economy

  • Categories: Law
  • Type: Book
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  • Published: 2013-10-22
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  • Publisher: Elsevier

This volume focuses on issues of vital interest in environmental policy making. Knowledge is needed about the impacts of economic processes on the environment and vice versa; people's preferences regarding the environmental quality (including the availability of (non)renewable natural resources) must be known; and knowledge concerning the effectiveness and efficiency of the available policy instruments is essential. These issues are dealt with in various contributions on environmental-economic modelling, valuation of the environment, the design of environmental policies and the economic consequences of environmental policy.

Is Growth Bad for Environment?
  • Language: en
  • Pages: 49
Princely Patrons
  • Language: en
  • Pages: 288

Princely Patrons

  • Type: Book
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  • Published: 1997
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  • Publisher: Unknown

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Advanced Lectures in Quantitative Economics
  • Language: en
  • Pages: 649

Advanced Lectures in Quantitative Economics

Advanced Lectures in Quantitative Economics summarizes some of the efforts of a second-phase program for first-rate candidates with a Master's degree in economics who wish to continue with a doctoral degree in quantitative economics. This book is organized into three main topics—macroeconomics, microeconomics, and econometrics. This text specifically discusses the Neo-Keynesian macroeconomics in an open economy, international coordination of monetary policies under alternative exchange-rate regimes, and prospects for global trade imbalances. The post-war developments in labor economics, introduction to overlapping generation models, and measurement of expectations and direct tests of the REH are also elaborated. This monograph likewise covers the dynamic econometric modeling of decisions under uncertainty and fundamental bordered matrix of linear estimation. This publication is a good reference for students and specialists interested in quantitative economics.

The Economics of Resource Rich Economies
  • Language: en

The Economics of Resource Rich Economies

Accompanied by an original and informative introduction by the editors, this volume brings together scholarly contributions on the problems and benefits of an economy rich in natural resources. After a brief look at some historical aspects of the subject, the book explores the concept known as the 'Dutch Disease' and offers empirical and theoretical insights into the effects of rich natural resources on economic growth. Further topics are the political economy of natural resources, issues of conflict and natural resources and an investigation into a variety of policies and strategies for managing the revenue from natural resources.

Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions
  • Language: en
  • Pages: 42

Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions

We criticize existing empirical results on the detrimental effects of natural resource dependence on the rate of economic growth after controlling for institutional quality, openness, and initial income. These results do not survive once we use instrumental variables techniques to correct for the endogenous nature of the explanatory variables. Furthermore, they suffer from omitted variables bias as they overestimate the effect of initial income per capita and thus underestimate the speed of conditional convergence. Instead, we provide new evidence for the impact of natural resource dependence on income per capita in a systematic empirical cross-country framework. In addition to a significant...