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Author: Michael P. Clements Publisher: MIT Press ISBN: 9780262531894 Category : Business & Economics Languages : en Pages : 398
Book Description
This text on economic forecasting asks why some practices seem to work empirically despite a lack of formal support from theory. After reviewing the conventional approach to forecasting, it looks at the implications for causal modelling, presents forecast errors and delineates sources of failure.
Author: Michael P. Clements Publisher: MIT Press ISBN: 9780262531894 Category : Business & Economics Languages : en Pages : 398
Book Description
This text on economic forecasting asks why some practices seem to work empirically despite a lack of formal support from theory. After reviewing the conventional approach to forecasting, it looks at the implications for causal modelling, presents forecast errors and delineates sources of failure.
Author: C. Dierksmeier Publisher: Springer ISBN: 0230314139 Category : Business & Economics Languages : en Pages : 504
Book Description
Cultures and moral expectations differ around the globe, and so the management of corporate responsibilities has become increasingly complex. Is there, however, a humanistic consensus that can bridge cultural and ethnic divides and reconcile the diverse and contrary interests of stakeholders world-wide? This book seeks to answer that question.
Author: Rob Dietz Publisher: Routledge ISBN: 0415820936 Category : Business & Economics Languages : en Pages : 248
Book Description
This powerful book sets out arguments and an agenda of policy proposals for achieving a sustainable and prosperous, but non-growing economy, also known as a steady-state economy. The authors describe a plan for solving the major social and environmental problems which face us today on a finite planet with a rapidly growing population.
Author: Rafay, Abdul Publisher: IGI Global ISBN: 1799802205 Category : Business & Economics Languages : en Pages : 888
Book Description
As an emerging global phenomenon, Islamic economics and the financial system has expanded exponentially in recent decades. Many components of the industry are still unknown, but hopefully, the lack of awareness will soon be stilled. The Handbook of Research on Theory and Practice of Global Islamic Finance provides emerging research on the latest global Islamic economic practices. The content within this publication examines risk management, economic justice, and stock market analysis. It is designed for financiers, banking professionals, economists, policymakers, researchers, academicians, and students interested in ideas centered on the development and practice of Islamic finance.
Author: Jay M. Eisenberg Publisher: Rowman & Littlefield ISBN: 1498563961 Category : History Languages : en Pages : 247
Book Description
Though Mill has been the subject of an imposing volume of scholarship, his philosophy of history has received scant attention. This inquiry considers the role of history in Mill’s break from the Benthamite radicals, his effort to define a methodology for the study of society modelled on the natural sciences, and his speculations about the course and meaning of history. A dominant theme is Mill’s struggle to reconcile his ambition to develop a comprehensive science of society with his convictions that human nature is malleable and that history progresses as a consequence of intellectual achievement and diversity of beliefs. Mill’s compatibilist vision of the individual as driven by deterministic psychological laws and as also capable of freely choosing a life of autonomous “self-culture” was mirrored in his philosophy of history, as Mill retained the materialistic stadial theory of social development proposed during the Scottish Enlightenment, and an idealistic vision of history derived from the Saint-Simonians, Guizot and Comte. Though Mill claimed the primacy of the intellect in advancing material living conditions, he believed that the culmination of instrumental rationalism in his own Age of Commerce was undermining and marginalizing other forms of individual accomplishment—indeed, individuality itself—in the suffocating conformity of mass culture. Mindful of what he considered to be the culturally stationary states of Asia, Mill dreaded the prospect that a commercial culture with no higher ambition than the acquisition of ever-greater wealth would also become inert as the consequence of overbearing social conventions and intellectual stagnation. Like Smith and Ricardo, Mill anticipated the inevitability of the economically stationary state as the consequence of the fall in the rate of profits under free market capitalism, but rather than await its arrival, Mill seized on its possibilities. The stationary state became Mill’s vehicle for advocating an egalitarian supra-subsistence economy in the expectation that cultural priorities would shift to the pursuit of higher moral, intellectual and aesthetic aspirations, and the revitalization of individual autonomy.
Author: Daron Acemoglu Publisher: Princeton University Press ISBN: 1400835771 Category : Business & Economics Languages : en Pages : 1009
Book Description
From Nobel Prize–winning economist Daron Acemoglu, an incisive introduction to economic growth Introduction to Modern Economic Growth is a groundbreaking text from one of today's leading economists. Daron Acemoglu gives graduate students not only the tools to analyze growth and related macroeconomic problems, but also the broad perspective needed to apply those tools to the big-picture questions of growth and divergence. And he introduces the economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous but easy to follow manner. After covering the necessary background on dynamic general equilibrium and dynamic optimization, the book presents the basic workhorse models of growth and takes students to the frontier areas of growth theory, including models of human capital, endogenous technological change, technology transfer, international trade, economic development, and political economy. The book integrates these theories with data and shows how theoretical approaches can lead to better perspectives on the fundamental causes of economic growth and the wealth of nations. Innovative and authoritative, this book is likely to shape how economic growth is taught and learned for years to come. Introduces all the foundations for understanding economic growth and dynamic macroeconomic analysis Focuses on the big-picture questions of economic growth Provides mathematical foundations Presents dynamic general equilibrium Covers models such as basic Solow, neoclassical growth, and overlapping generations, as well as models of endogenous technology and international linkages Addresses frontier research areas such as international linkages, international trade, political economy, and economic development and structural change An accompanying Student Solutions Manual containing the answers to selected exercises is available (978-0-691-14163-3/$24.95). See: https://press.princeton.edu/titles/8970.html For Professors only: To access a complete solutions manual online, email us at: [email protected]
Author: Hyman P. Minsky Publisher: McGraw Hill Professional ISBN: 0071593004 Category : Business & Economics Languages : en Pages : 433
Book Description
“Mr. Minsky long argued markets were crisis prone. His 'moment' has arrived.” -The Wall Street Journal In his seminal work, Minsky presents his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns-and why the economy is now undergoing a credit crisis that he foresaw. Stabilizing an Unstable Economy covers: The natural inclination of complex, capitalist economies toward instability Booms and busts as unavoidable results of high-risk lending practices “Speculative finance” and its effect on investment and asset prices Government's role in bolstering consumption during times of high unemployment The need to increase Federal Reserve oversight of banks Henry Kaufman, president, Henry Kaufman & Company, Inc., places Minsky's prescient ideas in the context of today's financial markets and institutions in a fascinating new preface. Two of Minsky's colleagues, Dimitri B. Papadimitriou, Ph.D. and president, The Levy Economics Institute of Bard College, and L. Randall Wray, Ph.D. and a senior scholar at the Institute, also weigh in on Minsky's present relevance in today's economic scene in a new introduction. A surge of interest in and respect for Hyman Minsky's ideas pervades Wall Street, as top economic thinkers and financial writers have started using the phrase “Minsky moment” to describe America's turbulent economy. There has never been a more appropriate time to read this classic of economic theory.
Author: Thomas K. McCraw Publisher: Harvard University Press ISBN: 0674736966 Category : Biography & Autobiography Languages : en Pages : 734
Book Description
Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism. Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeople ignore this lesson at their peril—to survive, they must be entrepreneurial and think strategically. Yet in Schumpeter’s view, the general prosperity produced by the “capitalist engine” far outweighs the wreckage it leaves behind. During a tumultuous life spanning two world wars, the Great Depression, and the early Cold War, Schumpeter reinvented himself many times. From boy wonder in turn-of-the-century Vienna to captivating Harvard professor, he was stalked by tragedy and haunted by the specter of his rival, John Maynard Keynes. By 1983—the centennial of the birth of both men—Forbes christened Schumpeter, not Keynes, the best navigator through the turbulent seas of globalization. Time has proved that assessment accurate. Prophet of Innovation is also the private story of a man rescued repeatedly by women who loved him and put his well-being above their own. Without them, he would likely have perished, so fierce were the conflicts between his reason and his emotions. Drawing on all of Schumpeter’s writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world’s greatest economist, lover, and horseman—and admitted to failure only with the horses.
Author: Michael P. Clements
Author: Michael P. Clements
Author: C. Dierksmeier
Author: John Stuart Mill
Author: Friedrich List
Author: Rob Dietz
Author: Rafay, Abdul
Author: Jay M. Eisenberg
Author: Daron Acemoglu
Author: Hyman P. Minsky
Author: Thomas K. McCraw