Economics of Relative Prices PDF Download

Author: Bela Csikos-Nagy
Publisher: Springer
ISBN: 1349062650
Category : Business & Economics
Languages : en
Pages : 559

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Author: Béla Csikós Nagy
Publisher: Palgrave Macmillan
ISBN: 9780312234423
Category : Business & Economics
Languages : en
Pages : 551

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Author: Bruno S. Frey
Publisher: Springer
ISBN: 3319474588
Category : Business & Economics
Languages : en
Pages : 168

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Book Description
Reporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 551

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Author: David E. W. Laidler
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 48

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Author: Mr.Michael Sarel
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 34

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This paper examines the role of relative prices in economic growth and the possibility that relative prices are (or can be) partly determined by tax policy. In the opening section, the paper links relative prices to tax policy. Using an extension to a standard model of economic growth, it demonstrates that under certain conditions a simple tax policy, that determines the relative price of investment, can affect the investment rate and the permanent growth rate of the economy. The paper develops a method to obtain consistent data on relative prices for a large set of countries. Using these data in cross-country regressions, it examines how economic growth is affected by relative prices. The results of these empirical tests identify the relative prices as a key factor affecting investment and growth.

Author: Patinkin, Don
Publisher:
ISBN:
Category : Microeconomics
Languages : en
Pages : 27

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Author: Israel M. Kirzner
Publisher: Princeton (N.J.) : Van Nostrand
ISBN:
Category : Marketing
Languages : en
Pages : 344

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Author: Richard B. McKenzie
Publisher: Springer Science & Business Media
ISBN: 0387770011
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
This entertaining book seeks to unravel an array of pricing puzzles from the one captured in the book’s title to why so many prices end with "9" (as in $2.99 or $179). Along the way, the author explains how the 9/11 terrorists have, through the effects of their heinous acts on the relative prices of various modes of travel, killed more Americans since 9/11 than they killed that fateful day. He also explains how well-meaning efforts to spur the use of alternative, supposedly environmentally friendly fuels have starved millions of people around the world and given rise to the deforestation of rainforests in Malaysia and Indonesia.

Author: John Barkley Rosser
Publisher: MIT Press
ISBN: 9780262182348
Category : Business & Economics
Languages : en
Pages : 668

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Book Description
The second edition of an innovative undergraduate textbook in Comparative Economic Systems that goes beyond the traditional dichotomies.