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The ABCs of RBCs
The ABCs of RBCs is the first book to provide a basic introduction to Real Business Cycle (RBC) and New-Keynesian models. These models argue that random shocks—new inventions, droughts, and wars, in the case of pure RBC models, and monetary and fiscal policy and international investor risk aversion, in more open interpretations—can trigger booms and recessions and can account for much of observed output volatility. George McCandless works through a sequence of these Real Business Cycle and New-Keynesian dynamic stochastic general equilibrium models in fine detail, showing how to solve them, and how to add important extensions to the basic model, such as money, price and wage rigidities, ...
Introduction to Dynamic Macroeconomic Theory
Economies are constantly in flux, and economists have long sought reliable means of analyzing their dynamic properties. This book provides a succinct and accessible exposition of modern dynamic (or intertemporal) macroeconomics. The authors use a microeconomics-based general equilibrium framework, specifically the overlapping generations model, which assumes that in every period there are two generations which overlap. This model allows the authors to fully describe economies over time and to employ traditional welfare analysis to judge the effects of various policies. By choosing to keep the mathematical level simple and to use the same modeling framework throughout, the authors are able to...
Monetary Policy and Macroeconomic Stabilization in Latin America
Latin America is a very important region of the globe, which has been buffeted by successive waves of economic instability within the last decades. These waves have caused several episodes of hyperinflation or near hyperinflation, and several currency and financial crises, which, in certain moments, have even spilled over and affected other emerging markets. This has resulted in huge costs in terms of lost potential growth, and, as is inevitable, the markets most affected by this have been the least capable of defending themselves. In a region plagued by still considerable rates of social exclusion, with some of the highest rates of income concentration in the whole globe, the human costs of...
Aftershock
Secure your financial future before the next big bubble bursts Aftershock provides a definitive look at the economic climate still ahead in 2015—and beyond—and details the steps you can take now to secure your financial future. Written by the authors who accurately predicted the financial crisis of 2008 and 2009, this book serves as both a warning and a game plan for investors looking to avoid catastrophic loss. This updated fourth edition has been expanded with new actionable insights about protection and profits in an increasingly confusing investment environment, and includes the latest data, updated charts and tables, and brand new coverage of monetary stimulus. With a look back at t...
The Cambridge Economic History of Latin America: Volume 1, The Colonial Era and the Short Nineteenth Century
An indispensable reference work for anyone interested in Latin America's economic development.
1864
In a masterful narrative, historian and biographer Charles Bracelen Flood brings to life the drama of Lincoln's final year, in which he oversaw the last campaigns of the Civil War, was reelected as president, and laid out his majestic vision for the nation's future in a reunified South and in the expanding West. In 1864: Lincoln at the Gates of History, the reader is plunged into the heart of that crucial year as Lincoln faced enormous challenges. The Civil War was far from being won: as the year began, Lincoln had yet to appoint Ulysses S. Grant as the general-in-chief who would finally implement the bloody strategy and dramatic campaigns that would bring victory. At the same time, with the...
Poor Things
Basis for the Major Motion Picture starring Emma Stone, Ramy Youssef, Mark Ruffalo, and Willem Dafoe, directed by Yorgos Lanthimos. "Witty and delightfully written" (New York Times Book Review), Alasdair Gray’s Poor Things echoes Mary Shelley’s Frankenstein in this novel of a young woman freeing herself from the confines of the suffocating Victorian society she was created to serve. Winner of the Whitbread Award and the Guardian Fiction Prize In the 1880s in Glasgow, Scotland, medical student Archibald McCandless finds himself enchanted with the intriguing creature known as Bella Baxter. Supposedly the product of the fiendish scientist Godwin Baxter, Bella was resurrected for the sole pu...
The Cambridge Economic History of Latin America: Volume 2, The Long Twentieth Century
An indispensable reference work for anyone interested in Latin America's economic development.
Duquesne Club
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The Beta Theta Pi
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