Students learn best when they see a concept applied in the context of examples they understand. That is why Economics Today: The Macro View is so successful in classrooms where students hail from a wide variety of majors, backgrounds, and ages. An abundance of relentlessly curre…
A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the U.K., Japan, France and Germany with respect to the United States is conducted. The resulting conclusion is that real exchange rates are almost entirely determi…
The interaction between mathematicians and statisticians reveals to be an effective approach for dealing with actuarial, insurance and financial problems, both in an academic and in an operative perspective. The international conference MAF 2008, held at the University Ca' Fosca…
Macroeconomics is the study of the fluctuations in the cycles of income and economic growth, unemployment, production and income distribution, inflation, and financial markets. Simply put, it is the study of aggregate supply and demand.
Macroeconomics is the study of the fluctuations in the cycles of income and economic growth, unemployment, production and income distribution, inflation, and financial markets. Simply put, it is the study of aggregate supply and demand.
This book provides a collection of essays by leading economists in honour of David Laidler's contributions to the field of macroeconomics, with important essays on central banking, monetary policy implementation, inflation targeting, monetary theory, monetary framework debates, …
This text provides a collection of essays by leading economists in honour of David Laidler's contributions to the field of macroeconomics, with important essays on central banking, monetary policy implementation, inflation targeting, monetary theory, monetary framework debates, …
This book analyzes real options valuation for non-constant versus constant interest rates using simulations and historical backtesting. It provides a systematic analysis and compares real options valuation using constant interest rates and the implied forward rates with methods …
Reflecting the diverse and profound changes triggered by the latest wave of economic globalization, this book highlights various governance responses at national, regional and global levels. The topics covered are wide-ranging and include economic history and development, Europe…
The book provides a comprehensive overview of the latest econometric methods for studying the dynamics of macroeconomic and financial time series. It examines alternative methodological approaches and concepts, including quantile spectra and co-spectra, and explores topics such …
This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater explanatory power with respect to the traditional assumption that dynamics are stochastic and shocks are exogenous. The firs…
This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many developing countries for years. This book gives readers a clear picture of China today and acts as a reference for other de…