In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of resultsShows how CGE modeling has made a contribution to economic policy

Product Description: The contemporary framework for productivity measurement presented in this volume focuses on the impact of information technology on economic growth. The remarkable behavior of information technology prices provides the key to the resurgence of productivity growth in the USA and the world economy...read more

Product Description: A New Architecture for the U.S. National Accounts brings together a distinguished group of contributors to initiate the development of a comprehensive and fully integrated set of United States national accounts. The purpose of the new architecture is not only to integrate the existing systems of accounts, but also to identify gaps and inconsistencies and expand and incorporate systems of nonmarket accounts with the core system...read more

Product Description: Starting in the mid 1990s, the United States economy experienced an unprecedented upsurge in economic productivity. Rapid technological change in communications, computing, and information management continue to promise further gains in productivity, a phenomenon often referred to as the New Economy...read more

Product Description: A study of information technology and economic growth since 1995 that tracks the American growth resurgence to its sources within individual industries.The American economy has experienced renewed growth since 1995, with this surge rooted in the development and deployment of information technology (IT)...read more

Product Description: Hosted by Harvard University’s Kennedy School of Government, this symposium brought together leading technologists and economists to review technical challenges facing the semiconductor industry, the industry’s business cycle, the interconnections between the two, and the implications of growth in semiconductors for the economy as a whole...read more

Product Description: Sustaining the New Economy will require public policies that remain relevant to the rapid technological changes that characterize it. While data and its timely analysis are key to effective policy-making, we do not yet have adequate statistical images capturing changes in productivity and growth brought about by the information technology revolution...read more

Product Description: The relentless decline in the prices of information technology (IT) has steadily enhanced the role of IT investment as a source of economic growth in the United States. Productivity growth in IT-producing industries has gradually risen in importance, and a productivity revival has taken place in the rest of the economy...read more (view table of contents, read Amazon.com's description)

Product Description: This book presents a comprehensive treatment of the cost-of-capital approach for analyzing the economic impact of tax policy. This approach has provided an intellectual impetus for reforms of capital income taxation in the United States and around the world...read more (view table of contents, read Amazon.com's description)

Product Description: The essays in this volume provide a comprehensive view of applications of the cost of capital.The essays in this volume provide a comprehensive view of applications of the cost of capital. The cost of capital is the key concept in the analysis of taxation of business income...read more

Product Description: New methodology for econometricians, based on the dual formulation of the theory of production in terms of prices.The objectives of econometric modeling of producer behavior are to determine the nature of substitution among inputs and outputs and of differences in technology, as well as the role of economies of scale in production...read more (view table of contents, read Amazon.com's description)

Product Description: Although the level of U.S. per capita output was higher than that of any other industrialized country at the end of World War II, output has increased by more than four times and per capita output has more than doubled. Empirical evidence has shifted the terms of professional debates over the importance of investment and productivity as sources of postwar growth...read more (view table of contents, read Amazon.com's description)

Product Description: Volume 1: Econometric General Equilibrium Modeling presents an econometric approach to general equilibrium modeling of the impact of economic policies. Earlier approaches were based on the "calibration" of general equilibrium models to a single data point...read more

Product Description: Volume 1: Econometric General Equilibrium Modeling presents an econometric approach to general equilibrium modeling of the impact of economic policies. Earlier approaches were based on the "calibration" of general equilibrium models to a single data point...read more (view table of contents, read Amazon.com's description)

Product Description: This volume presents a new approach to econometric modeling of aggregate consumer behavior. The approach has successfully extricated demand modeling from the highly restrictive framework provided for more than half a century by the model of a representative consumer...read more (view table of contents, read Amazon.com's description)

Product Description: This volume presents an approach to the evaluation of economic policies through the econometric modeling of aggregate consumer behavior. While the preferences of individual consumers are revealed by their market choices, these preferences can be recovered only by econometric methods, not through the index numbers used in the official statistics...read more

Product Description: Reform of American education is largely motivated by concerns about our economic competitiveness and American's standard of living. Yet, few if any of the public school reform agendas incorporate economic principles or research findings...read more (view table of contents, read Amazon.com's description)

Product Description: These studies of the cost of capital will inspire and guide policy-makers who share the goal of making the allocation of capital in a market economy more efficient.Volume 2 is devoted to the cost of capital approach to tax policy...read more

Product Description: These studies of the cost of capital will inspire and guide policy-makers who share the goal of making the allocation of capital in a market economy more efficient.Volume 1 presents pioneering studies of the cost of capital as a determinant of investment expenditures...read more

Product Description: These two volumes present empirical studies that have permanently altered professional debates over investment and productivity as sources of postwar economic growth in industrialized countries. The distinctive feature of investment is that returns can be internalized by the investor...read more

Product Description: These two volumes present empirical studies that have permanently altered professional debates over investment and productivity as sources of postwar economic growth in industrialized countries. The distinctive feature of investment is that returns can be internalized by the investor...read more

Product Description: These two volumes present empirical studies that have permanently altered professional debates over investment and productivity as sources of postwar economic growth in industrialized countries. The distinctive feature of investment is that returns can be internalized by the investor...read more

Product Description: This volume provides international comparisons of the cost of different types of capital for nine major industrialized countries Australia, Canada, France, Germany, Italy, Japan, Sweden, the UK, and the US. Separate chapters for each of the nine countries, written by leading experts in public econo...read more