Author: Federico Etro
Publisher: Springer Science & Business Media
ISBN: 3540874275
Category : Business & Economics
Languages : en
Pages : 363
Book Description
This is a key year for the evolution of international markets. The global economy is experiencing the most severe downturn since the thirties, it is temporarily leaving a path of sustained growth that characterized the last decades, and is facing an impressive decline of trade between countries. Banks are going bankrupt, the stock market has crashed, rms are going out of bu- ness or drastically reducing their production and exports, workers are being red and investment in new business creation or innovation is shrinking. Meanwhile, consumers con dence has dropped at its minimum, aggregate demand has been declining for months and expansionary policies and int- national coordination have failed to counteract the crisis until now. It is quite likely that all this will change sooner or later, but at the end of this crisis our understanding of the macroeconomy may change as well. In front of these crucial events, this book is not an attempt at proposing a radically new way of interpreting macroeconomic phenomena, and, as a m- ter of fact, it is not even a book on macroeconomic theory. My more modest goal is to collect a number of insights derived from recent research on the role of competition and innovation in the analysis of three topics: business cycles, trade and growth through innovations.
Endogenous Market Structures and the Macroeconomy
Author: Federico Etro
Publisher: Springer Science & Business Media
ISBN: 3540874275
Category : Business & Economics
Languages : en
Pages : 363
Book Description
This is a key year for the evolution of international markets. The global economy is experiencing the most severe downturn since the thirties, it is temporarily leaving a path of sustained growth that characterized the last decades, and is facing an impressive decline of trade between countries. Banks are going bankrupt, the stock market has crashed, rms are going out of bu- ness or drastically reducing their production and exports, workers are being red and investment in new business creation or innovation is shrinking. Meanwhile, consumers con dence has dropped at its minimum, aggregate demand has been declining for months and expansionary policies and int- national coordination have failed to counteract the crisis until now. It is quite likely that all this will change sooner or later, but at the end of this crisis our understanding of the macroeconomy may change as well. In front of these crucial events, this book is not an attempt at proposing a radically new way of interpreting macroeconomic phenomena, and, as a m- ter of fact, it is not even a book on macroeconomic theory. My more modest goal is to collect a number of insights derived from recent research on the role of competition and innovation in the analysis of three topics: business cycles, trade and growth through innovations.
Publisher: Springer Science & Business Media
ISBN: 3540874275
Category : Business & Economics
Languages : en
Pages : 363
Book Description
This is a key year for the evolution of international markets. The global economy is experiencing the most severe downturn since the thirties, it is temporarily leaving a path of sustained growth that characterized the last decades, and is facing an impressive decline of trade between countries. Banks are going bankrupt, the stock market has crashed, rms are going out of bu- ness or drastically reducing their production and exports, workers are being red and investment in new business creation or innovation is shrinking. Meanwhile, consumers con dence has dropped at its minimum, aggregate demand has been declining for months and expansionary policies and int- national coordination have failed to counteract the crisis until now. It is quite likely that all this will change sooner or later, but at the end of this crisis our understanding of the macroeconomy may change as well. In front of these crucial events, this book is not an attempt at proposing a radically new way of interpreting macroeconomic phenomena, and, as a m- ter of fact, it is not even a book on macroeconomic theory. My more modest goal is to collect a number of insights derived from recent research on the role of competition and innovation in the analysis of three topics: business cycles, trade and growth through innovations.
Rethinking Macroeconomics with Endogenous Market Structure
Author: Marco Mazzoli
Publisher: Cambridge University Press
ISBN: 1108482600
Category : Business & Economics
Languages : en
Pages : 251
Book Description
"The last decade has seen a lively debate in macroeconomics, with an increasing criticism on the model that seemed to be dominant in literature since the end of the 1990's, the Dynamic Stochastic General Equilibrium (DSGE, hereafter) and, consequently, the birth of some new theoretical approaches and methodologies"--
Publisher: Cambridge University Press
ISBN: 1108482600
Category : Business & Economics
Languages : en
Pages : 251
Book Description
"The last decade has seen a lively debate in macroeconomics, with an increasing criticism on the model that seemed to be dominant in literature since the end of the 1990's, the Dynamic Stochastic General Equilibrium (DSGE, hereafter) and, consequently, the birth of some new theoretical approaches and methodologies"--
Entry Costs and the Macroeconomy
Author: Germán Gutiérrez
Publisher: International Monetary Fund
ISBN: 1513519611
Category : Business & Economics
Languages : en
Pages : 43
Book Description
We combine a structural model with cross-sectional micro data to identify the causes and consequences of rising concentration in the US economy. Using asset prices and industry data, we estimate realized and anticipated shocks that drive entry and concentration. We validate our approach by showing that the model-implied entry shocks correlate with independently constructed measures of entry regulations and M&As. We conclude that entry costs have risen in the U.S. over the past 20 years and have depressed capital and consumption by about seven percent.
Publisher: International Monetary Fund
ISBN: 1513519611
Category : Business & Economics
Languages : en
Pages : 43
Book Description
We combine a structural model with cross-sectional micro data to identify the causes and consequences of rising concentration in the US economy. Using asset prices and industry data, we estimate realized and anticipated shocks that drive entry and concentration. We validate our approach by showing that the model-implied entry shocks correlate with independently constructed measures of entry regulations and M&As. We conclude that entry costs have risen in the U.S. over the past 20 years and have depressed capital and consumption by about seven percent.
Income Distribution in Macroeconomic Models
Author: Giuseppe Bertola
Publisher: Princeton University Press
ISBN: 1400865093
Category : Business & Economics
Languages : en
Pages : 440
Book Description
This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.
Publisher: Princeton University Press
ISBN: 1400865093
Category : Business & Economics
Languages : en
Pages : 440
Book Description
This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.
The Impact of Cloud Computing on the Japanese Macroeconomy
Author: Atsushi Ozu
Publisher: Springer Nature
ISBN: 9819765730
Category :
Languages : en
Pages : 178
Book Description
Publisher: Springer Nature
ISBN: 9819765730
Category :
Languages : en
Pages : 178
Book Description
Cloud Computing Service and Deployment Models: Layers and Management
Author: Bento, Al
Publisher: IGI Global
ISBN: 1466621885
Category : Computers
Languages : en
Pages : 389
Book Description
"This book presents a collection of diverse perspectives on cloud computing and its vital role in all components of organizations, improving the understanding of cloud computing and tackling related concerns such as change management, security, processing approaches, and much more"--Provided by publisher.
Publisher: IGI Global
ISBN: 1466621885
Category : Computers
Languages : en
Pages : 389
Book Description
"This book presents a collection of diverse perspectives on cloud computing and its vital role in all components of organizations, improving the understanding of cloud computing and tackling related concerns such as change management, security, processing approaches, and much more"--Provided by publisher.
Reconstructing Macroeconomics
Author: Masanao Aoki
Publisher: Cambridge University Press
ISBN: 1107634202
Category : Business & Economics
Languages : en
Pages : 353
Book Description
In this book, the authors reconceptualize existing macroeconomics by treating equilibria as statistical distributions, not as fixed points.
Publisher: Cambridge University Press
ISBN: 1107634202
Category : Business & Economics
Languages : en
Pages : 353
Book Description
In this book, the authors reconceptualize existing macroeconomics by treating equilibria as statistical distributions, not as fixed points.
Uneconomic Economics and the Crisis of the Model World
Author: M. Watson
Publisher: Springer
ISBN: 1137385499
Category : Political Science
Languages : en
Pages : 119
Book Description
What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.
Publisher: Springer
ISBN: 1137385499
Category : Political Science
Languages : en
Pages : 119
Book Description
What has gone wrong with economics? Economists now routinely devise highly sophisticated abstract models that score top marks for theoretical rigour but are clearly divorced from observable activities in the current economy. This creates an 'uneconomic economics', where models explain relationships in blackboard rather than real-life markets.
Tight Oligopolies
Author: Marcel Canoy
Publisher:
ISBN:
Category : Administrative remedies
Languages : en
Pages : 148
Book Description
Publisher:
ISBN:
Category : Administrative remedies
Languages : en
Pages : 148
Book Description
RBE
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 568
Book Description
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 568
Book Description