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Essays exploring the relationship between economic growth and inequality and the implications for policy makers.

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Provides a snapshot of the issues posed by the growing concentrations of income, focusing on the United States but drawing on international comparisons to help set the context. This book examines the economic, technological, and political drivers of inequality and identify worrying trends associated with its rise.

(Hardback)

A worsening economic crisis due to the shift in wealth over the past decade is the central concern of this study. It profiles the current status of income inequality in the USA and discerns disturbing trends for the future.

(Hardback)

This economics study argues that the processes of worldwide integration are facilitated by tying countries together in a system of flexible exchange rates externally, while putting in place a rules-oriented monetary regime internally.

(Hardback)

Offers theoretical foundations for a rule-based approach to monetary policy for a world of communications and efficient financial markets. This book examines the foundations of monetary economics, showing how interest-rate policy can be used to achieve an inflation target in the absence of either commodity control of a monetary aggregate.

(Hardback)

This volume brings together a distinguished group of contributors from European universities and research institutes as well as U.S. finance and economic institutes to examine a broad range of issues related to the current and future roles of international and European monetary systems.

(Hardback)

A non-mathematical introduction to the macroeconomic analysis of both the open economy and the world economy. The text assumes a basic understanding of macroeconomics and is of interest to policy-makers and second year undergraduates.

(Hardback)

Professor Graziano's study, the first attempt to investigate the impact of human cognitive processes on our understanding of money supply, promises to shake up the fiscal establishment and bring down a number of cherished shibboleths.

(Hardback)

Specifically, it uses changes in relative state burdens as a measure of state fiscal policy and shows that by altering the incentives to work, save and invest, changes in a state's tax burden relative to other states influence decisions on whether, how much and where to invest.

The book is divided into three parts.

(Hardback)

Finally, the author explores the economic consequences for the general economy of significant underground economic activity--for example: tax evasion, economic efficiency, and cyclical aspects.

This work will be of interest to scholars, students, and policy-makers in economics, economic policy, political science, and criminology.

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With all the rapid economic success in Japan, it is easy to forget just how insular the nation has been, and how strikingly different its trading patterns remain from those of other industrialized nations.

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Why Keynes is relevant to today's global economic crisis, and how Keynesian ideas can point the way to renewed economic growth.

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Highlights the influence of Edmund Phelps' ideas. Addressing the most important debates in macroeconomic theory, this book focuses on the rates at which new technologies arise and information about markets is dispersed, information imperfections, and the heterogeneity of beliefs as determinants of an economy's performance.

(Hardback)

The fourteen papers presented in this volume are thought-provoking studies of the economic adjustment of Latin America to the difficult external environment of the 1980s.

(Hardback)

Examines the inter-relationship between the external debt problem and the consolidation of democracy in Latin America in the 1990s, considering the interplay of actors, including creditor governments, international financial institutions, debtor countries, commercial banks and multinationals.

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In his book, Cole points out that a simple monetarist model can explain Latin Amercian inflation, although it cannot by itself provide an explanation in terms of the ultimate causes of inflation.

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A new theory to explain the problems Mexico has had in developing a viable market economy is presented in this innovative book.

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Explains the fluctuations of economic activity that are an endemic feature of market economies. This title argues for a different macroeconomics model - one that works with an internal explanation of the business cycle and factors in agents limited cognitive abilities.

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Examines capital accumulation at business firm-level, linking it to the macro-level of the world-economy as explicated by Hopkins and Wallerstein. Focusing upon the timber industry in the 19th century, the work analyses how capital operates in the resource sector in the world-economy.

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Focusing on the international dimension of macroeconomic policy, this handbook covers the main areas of modern macroeconomic policy in open economies.

(Hardback, Second Edition)

Suitable for students and researchers seeking coverage of the developments in macroeconomics, this title lays out the core ideas of modern macroeconomics and its links with finance. It presents the simplest general equilibrium macroeconomic model for a closed economy, and then gradually develops a comprehensive model of the open economy.

(Hardback)

No single system of development can accommodate all variations of the economic, social, and political environments in developing economies.