Product Description: Setting the issue "Most economists consider the marked increase in automatic stabilizers a highly favorable development with respect to maintenance of economic stability". Besides the rare privilege of having being signed by both Milton Friedman and Paul Samuelson (Depres,Friedman, Hart, Samuelson, and Wallace [1950]), among others, this sentence expressed as soon as 1950 the consensus view on the stabilizing effect of fiscal rules governing tax revenue and public expendi­ tures and transfers...read more (view table of contents, read Amazon.com's description)

Product Description: What can or should be done to ward off or alleviate the effect of financial crises? The papers in this book examine this question, focusing on particular crises, notably those of 1836, 1873, 1920 and 1929. Based on a historical consideration of the nature and propagation of financial crises, the major theoretical issues raised by the contributors centre on whether a financial system, of a nation or of the capitalist world as a whole, is fragile or robust...read more

Product Description: This volume gathers together key new contributions on the subject of the relationship, both empirical and theoretical, between economic oscillations, growth and structural change. Employing a sophisticated level of mathematical modelling, the collection contains articles from, amongst others, William Baumol, Katsuhito Iwai and William Brock...read more (view table of contents, read Amazon.com's description)

Product Description: This text offers a comprehensive collection of selected papers from the 24th Centre for International Research on Economic Tendency Surveys (CIRET) conference. Areas selected include leading indicators and turning points, classifications of business cycles, survey data and policy decisions, attitudes and behaviour of firms, and economic forecasting...read more (view table of contents, read Amazon.com's description)

Product Description: This text presents selected papers from the 23rd Conference in Helsinki. Subjects covered include cyclical turning points, firm behaviour, financial indicators, economic policy recommendations, leading indicators and business surveys in transition economics.

Product Description: In agressively attracting direct foreign investment to jumpstart their industrialization process, Southeast Asia and China have become major rivals. This book looks at the economic future of the region in business terms, and the knock-on effects on a global scale.

The papers collected in this volume are contributions to T.I.Tech./K.E.S. Conference on Nonlinear and Convex Analysis in Economic Theory, which was held at Keio University, July 2-4, 1993. The conference was organized by Tokyo Institute of Technology (T. I. Tech.) and the Keio Economic Society (K. E. S.) , and supported by Nihon Keizai Shimbun Inc .. A lot of economic problems can be formulated as constrained optimiza­ tions and equilibrations of their solutions. Nonlinear-convex analysis has been supplying economists with indispensable mathematical machineries for these problems arising in economic theory. Conversely, mathematicians working in this discipline of analysis have been stimulated by various mathematical difficulties raised by economic the­ ories. Although our special emphasis was laid upon "nonlinearity" and "con­ vexity" in relation with economic theories, we also incorporated stochastic aspects of financial economics in our project taking account of the remark­ able rapid growth of this discipline during the last decade. The conference was designed to bring together those mathematicians who were seriously interested in getting new challenging stimuli from economic theories with those economists who were seeking for effective mathematical weapons for their researches. Thirty invited talks (six of them were plenary talks) given at the conf- ence were roughly classified under the following six headings : 1) Nonlinear Dynamical Systems and Business Fluctuations, . 2) Fixed Point Theory, 3) Convex Analysis and Optimization, 4) Eigenvalue of Positive Operators, 5) Stochastic Analysis and Financial Market, 6) General Equilibrium Analysis.

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Product Description: This collection of papers on financial instability and its impact on macroeconomic performance honours Hyman P. Minsky and his lifelong work. It is based on a conference at Washington University, St. Louis, in 1990 and includes among the authors Benjamin M...read more

Product Description: A compilation of papers presented at the 20th conference in Budapest in October 1991 on the following topics: the use of business survey data for forecasting and structural analysis; micro-economic analysis; business survey data in econometric models; investment surveys; and more...read more

Recent developments in the mathematical, statistical and conceptual bases for the analysis of economic fluctuation are surveyed in this volume. The foundations of deterministic and random fluctuations, theories of crises and the macrodynamics of cycles are among the topics covered.

The stunning collapse of the thrift industry, the major stock slump of 1987, rising corporate debt, wild fluctuations of currency exchange rates, and a rash of defaults on developing country debts have revived fading memories of the Great Depression and fueled fears of an impending economic crisis. Under what conditions are financial markets vulnerable to disruption and what economic consequences ensue when these markets break down?In this accessible and thought-provoking volume, Benjamin M. Friedman investigates the origins of financial crisis in domestic capital markets, Paul Krugman examines the international origins and transmission of financial and economic crises, and Lawrence H. Summers explores the transition from financial crisis to economic collapse. In the introductory essay, Martin Feldstein reviews the major financial problems of the 1980s and discusses lessons to be learned from this experience. The book also contains provocative observations by senior academics and others who have played leading roles in business and government.

Product Description: Book by Oppenlander, Karl Heinrich, Poser, Gunter

Product Description: This collection of papers presents views and research results on long waves and on life cycles and illustrates the causal relationship between these two processes. The authors include leading researchers in the field and managers from industry who have tried to apply the knowledge on life cycles and long waves in business decision-making and who describe the factors that have to be taken into account...read more

Product Description: This book includes the results of an International Workshop held at the Department of Political Economy of the University of Siena in December 1986. It focuses on the presentation, discussion, and comparison of two most interesting theories proposed for the explanation of long waves, namely the technological (neo-Schumpeterian) and the "social" approach...read more

Product Description: This book contains a collection of the most significant contributions to some of R.M. Goodwin's ideas, which were presented on the occasion of the outstanding economist's 73rd birthday celebrations held in Modena on February 24th, 1986...read more

Product Description: The magnitude, causes and consequences of the current economic crisis, and the responses of governments in different industrial countries are explored in this comparative analysis. The options available to government and the existing constraints of policy-making are examined in the context of crisis management and economic policy formation...read more