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IMF Staff Papers, Volume 47, Special Issue, IMF Annual Research Conference,

IMF Staff Papers, Volume 47, Special Issue, IMF Annual Research Conference,
Author: Mr.Robert P. Flood
Publisher: International Monetary Fund
Total Pages: 236
Release: 2001-11-28
Genre: Business & Economics
ISBN: 1451963092

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This paper presents a broad overview of postwar analytical thinking on international macroeconomics, culminating in a more detailed discussion of recent progress. The paper reviews important empirical evidence that has inspired alternative modeling approaches, as well as theoretical and policy considerations behind developments in the field. The paper presents an empirical study of fiscal policy in countries with extreme monetary regimes. It also examines members of multilateral currency unions, dollarized countries that officially use the money of another country, and countries using currency boards.


Macroeconomic Analysis and International Finance

Macroeconomic Analysis and International Finance
Author: Georgios P. Kouretas
Publisher: Emerald Group Publishing
Total Pages: 285
Release: 2014-02-20
Genre: Business & Economics
ISBN: 178350756X

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Banking sector transformation, economic growth and inequality and exchange rate arrangements are critical issues whose importance has been highlighted during the recent financial crisis. This volume contains new research on the relationships between economic growth, inequality and the financial sector.


Design Rules, Volume 1

Design Rules, Volume 1
Author: Carliss Y. Baldwin
Publisher: MIT Press
Total Pages: 508
Release: 2000-03-02
Genre: Business & Economics
ISBN: 0262291851

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We live in a dynamic economic and commerical world, surrounded by objects of remarkable complexity and power. In many industries, changes in products and technologies have brought with them new kinds of firms and forms of organization. We are discovering news ways of structuring work, of bringing buyers and sellers together, and of creating and using market information. Although our fast-moving economy often seems to be outside of our influence or control, human beings create the things that create the market forces. Devices, software programs, production processes, contracts, firms, and markets are all the fruit of purposeful action: they are designed. Using the computer industry as an example, Carliss Y. Baldwin and Kim B. Clark develop a powerful theory of design and industrial evolution. They argue that the industry has experienced previously unimaginable levels of innovation and growth because it embraced the concept of modularity, building complex products from smaller subsystems that can be designed independently yet function together as a whole. Modularity freed designers to experiment with different approaches, as long as they obeyed the established design rules. Drawing upon the literatures of industrial organization, real options, and computer architecture, the authors provide insight into the forces of change that drive today's economy.


Replication in Experimental Economics

Replication in Experimental Economics
Author: Tanya Rosenblat
Publisher: Emerald Group Publishing
Total Pages: 241
Release: 2015-10-20
Genre: Business & Economics
ISBN: 1785603507

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This volume highlights the importance of replicating previous economic experiments for understanding the robustness and generalizability of behavior. Readers will gain a better understanding of the role that replication plays in scientific discovery as well as valuable insights into the robustness of previously reported findings.