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Recursive Macroeconomic Theory, fourth edition
The substantially revised fourth edition of a widely used text, offering both an introduction to recursive methods and advanced material, mixing tools and sample applications. Recursive methods provide powerful ways to pose and solve problems in dynamic macroeconomics. Recursive Macroeconomic Theory offers both an introduction to recursive methods and more advanced material. Only practice in solving diverse problems fully conveys the advantages of the recursive approach, so the book provides many applications. This fourth edition features two new chapters and substantial revisions to other chapters that demonstrate the power of recursive methods. One new chapter applies the recursive approac...
Confronting South Korea's Next Crisis
South Korea's economic miracle is a well-known story. However, today Korea is confronting a new set of internal and external risks, which may foreshadow the next crisis. The Korean economy has been struggling with the faltering growth momentum and the rise of unprecedented socio-economic problems over recent years well before the pandemic crisis. After abrupt downshifts to markedly slower growth in the early 2000s, economic growth has continued to decelerate. Koreans are grappling with slow income growth, all time-high household debt, high youth unemployment, inequality, and social polarization. Politics is in disarray and is incapable of directing social discourse for the common good. Rapid...
Mothers and Children
Motherhood is a highly personal array of experiences with a uniquely public dimension, preoccupying policymakers, advice givers, health care providers, religious leaders, child care workers, educators, and total strangers who feel entitled to judge mothers they see with their children in the neighborhood or on the TV news. Chase (U. of Tulsa) and Rogers (U. of West Florida) approach motherhood and mothering as feminist sociologists, focusing on questions such as how ideas about motherhood are shaped by social and historical conditions, how ideas about motherhood change over time and across social contexts, who has the power to make their definitions of motherhood stick, and what diverse groups of mothers themselves think. Annotation copyrighted by Book News Inc., Portland, OR
Lectures on Microeconomics
Economic concepts and techniques presented through a series of "big questions," models that show how to pose a questions rigorously and work toward an answer. This book helps readers master economic concepts and techniques by tackling fundamental economic and political questions through a series of models. It is organized around a sequence of “big questions,” among them: When do markets help translate individuals' uncoordinated, selfish actions into outcomes that are best for all? Do markets change people, and, if so, for worse or better? Translated into the language of modern economics, do Marx's ideas have merit? Why is there so much income inequality? Or is there too little? The argum...
Ibss: Sociology: 1999
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge on the social sciences.
Baseball Prospectus 2018
The 2018 edition of The New York Times Bestselling Guide. PLAY BALL! The 23rd edition of this industry-leading baseball annual contains all of the important statistics, player predictions and insider-level commentary that readers have come to expect, along with significant improvements to several statistics that were created by, and are exclusive to, Baseball Prospectus, and an expanded focus on international players and teams. Baseball Prospectus 2018 provides fantasy players and insiders alike with prescient PECOTA projections, which The New York Times called “the überforecast of every player’s performance.” With more than 50 Baseball Prospectus alumni currently working for major-league baseball teams, nearly every organization has sought the advice of current or former BP analysts, and readers of Baseball Prospectus 2018 will understand why! Visit www.baseballprospectus.com for year-round baseball coverage
Modern Labor Economics
Modern Labor Economics: Theory and Public Policy, now in its fourteenth edition, continues to be the leading text for one-semester courses in labor economics at the undergraduate and graduate levels. It offers a thorough overview of the modern theory of labor market behavior and reveals how this theory is used to analyze public policy. Designed for students who may not have extensive backgrounds in economics, the text balances theoretical coverage with examples of practical applications that allow students to see concepts in action. The authors believe that showing students the social implications of the concepts discussed in the course will enhance their motivation to learn. Consequently, t...
Search Frictions and the Labor Wedge
This paper shows that labor market search frictions do not explain fluctuations in the labor wedge per se. However, the introduction of extensive and intensive margin clarifies that measuring the MRS in terms of total hours artificially introduces procyclicality in the MRS. When the MRS is correctly measured in terms of hours per worker, the labor wedge obtained is less variable than the one of the competitive model. Finally, we show that it is possible to measure a strongly procyclical labor wedge when the actual data generating process is a search model that allows for movements in both margins.
