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Institutional and Financial Incentives for Social Insurance
  • Language: en
  • Pages: 247

Institutional and Financial Incentives for Social Insurance

  • Categories: Law

Institutional and Financial Incentives for Social Insurance provides both an empirical and a theoretical account of the main difficulties presently threatening social insurance systems in most industrialized countries. It analyzes the remedies that have been discussed and sometimes introduced and addresses many questions still left largely unresolved: Are newly implemented or proposed reforms providing the correct incentives to all participants in the system? Is the quality of service improving and, if not, what can be done? How should the budgetary problems be solved considering both intra-generational and inter-generational redistributive policies? The volume describes a number of studies ...

Fighting Europe’s Unemployment in the 1990s
  • Language: en
  • Pages: 247

Fighting Europe’s Unemployment in the 1990s

Following the five books listed above on an earlier page, the Egon Sohmen-Foundation herewith submits its sixth volume. Once again, it is a collection of academic papers that were discussed at a symposium sponsored by the Foundation and subsequently revised. Readers not familiar with the Foundation may be interested to know that it was established in 1987 by Helmut Sohmen of Hong Kong in memory of his late brother, Egon Sohmen (1930-1977). Egon Soh men was an international economist highly respected in North America and in Europe, notably for his work on flexible exchange rates and on the economics of allocation and competition. Born in Linz (Austria) and educated as an economist in Vienna, Tiibingen, and Cambridge, Mass., Egon Sohmen held teaching posts in several places (M.I.T., Yale, Frankfurt, Saarbriicken, Minnesota, and Heidelberg). As an active participant in numerous international con ferences and workshops, he truly belonged to the international research community of his time and age cohort. His lasting reputation greatly helped me to convene the active participants of this symposium.

Productivity, Inequality, and the Digital Economy
  • Language: en
  • Pages: 330

Productivity, Inequality, and the Digital Economy

  • Type: Book
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  • Published: 2002-08-02
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  • Publisher: MIT Press

Essays on the computer and the economy, particularly in relation to employment rates and to wage inequality. The widespread diffusion of information and communication technologies (ICT) has had controversial, seemingly paradoxical consequences. ICT are viewed as driving growth and employment in the United States, while contributing to European unemployment and the so-called Eurosclerosis. At the same time, both the United States and Europe have seen increased wage inequalities between skilled and unskilled workers.This book explores the computer's puzzling effects on the economy, at both the micro and macro levels. The contributions include data from field work, small samples of firms, and national surveys of management practice; econometric studies; and macroeconomic theoretical analysis.

Overlapping Generations
  • Language: en
  • Pages: 261

Overlapping Generations

The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn’t become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models.

Disequilibrium Macroeconomic Models
  • Language: en
  • Pages: 204

Disequilibrium Macroeconomic Models

  • Type: Book
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  • Published: 1988-05-26
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  • Publisher: CUP Archive

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Theory and Estimation of Macroeconomic Rationing Models
  • Language: en
  • Pages: 149

Theory and Estimation of Macroeconomic Rationing Models

Introducing his book "The Theory of UnemPloyment Reconsidered", Professor Malinvaud expressed several years ago his hope "to convey [his] strong belief that the reconsideration is a major step in the development of our science". In view of the stimulating effect this approach has on economic research, it seems now that many economists do indeed share Malinvaud's belief and are ready to devote their time and their skill to ensure the realization of that progress. This book, grown out of a Ph. D. thesis presented at the Universit~ Catholique de Louvain, aims at contributing in its own way to that venture. Looking towards econometric applications, it illustrates that a framework h la Malinvaud ...

Growth and Cohesion in the European Union
  • Language: en
  • Pages: 280

Growth and Cohesion in the European Union

This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the ECB and the Stability and Growth Pact.

Macroeconomics and Imperfect Competition
  • Language: en
  • Pages: 552

Macroeconomics and Imperfect Competition

The macroeconomics of imperect competition has become in recent years a most influential paradigm, which many macroeconomists now prefer to the Classical of Keynesian ones, notably because of its clear and rigorous microfoundations. This volume collects and puts into perspective the leading contributions to this important and rapidly expanding field.

The Macroeconomics of Imperfect Competition and Nonclearing Markets
  • Language: en
  • Pages: 296

The Macroeconomics of Imperfect Competition and Nonclearing Markets

  • Type: Book
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  • Published: 2005-01-14
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  • Publisher: MIT Press

In this book, Jean-Pascal Benassy attempts to integrate into a single unified framework dynamic macroeconomic models reflecting such diverse lines of thought as general equilibrium theory, imperfect competition, Keynesian theory, and rational expectations. He begins with a simple microeconomic synthesis of imperfect competition and nonclearing markets in general equilibrium under rational expectations. He then applies this framework to a large number of dynamic macroeconomic models, covering such topics as persistent unemployment, endogenous growth, and optimal fiscal-monetary policies. The macroeconomic methodology he uses is similar in spirit to that of the popular real business cycles theory, but the scope is much wider. All of the models are solved "by hand," making the underlying economic mechanisms particularly clear.

Macroeconomic Theory
  • Language: en
  • Pages: 603

Macroeconomic Theory

This graduate textbook is a "primer" in macroeconomics. It starts with essential undergraduate macroeconomics and develops in a simple and rigorous manner the central topics of modern macroeconomic theory including rational expectations, growth, business cycles, money, unemployment, government policy, and the macroeconomics of nonclearing markets. The emphasis throughout the book is on both foundations and presenting the simplest model for each topic that will deliver the relevant answers. The first two chapters recall the main workhorses of undergraduate macroeconomics: the Solow-Swan growth model, the Keynesian IS-LM model, and the Phillips curve. The next chapters present four fundamental...