Böcker i Contributions to Economic Analysis-serien

This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. It examines the Dynamic General Equilibrium (DGE) model, the assumption of intertemporal optimizing behavior of economic agents, competitive markets and price mediated market clearing through flexible wages and prices.

In the developed and developing world, taxing certain kinds of activities, sectors or individuals - the so-called "hard-to-tax" - is a challenge for governments. This volume's goal is to take a hard, objective look at the different aspects of taxing the hard-to-tax, as well as at a variety of approaches that have been employed around the world.

This book studies the relationships between economic growth and social welfare and the policy implications of these relationships for development. These relationships are analysed in this book by operationalising normative social choice theory, with aggregate and hierarchical approaches developed and empirically applied.

The result of the first European Conference on Cognitive Economics, this book gives an overview of recent achievements of cognitive economics and aims to better define its motivations and its boundaries. The articles illustrate the different tools and methods which are currently used in the domain and enlarge those traditionally used in economics.

Examines the developments in labour contracts and relates them to the content of such contracts, and to differences in labour contracts which depend on the specifics of the institutional environment in which they are negotiated. This volume also compares differences in labour contracts in European countries and between Europe, Japan and the US.

Using a variety of research methods, this book analyzes the effects and challenges of European integration. Topics covered include macroeconometric and applied general equilibrium modelling, international trade and applied econometric analysis.

Includes several papers on equilibrium search models (a relatively new field), and job matching, both seen from a theoretical and from an applied point of view. This volume discusses methods on and empirical analyses of unemployment durations. It is intended to contribute to further development in the use of panel data in economic analyses.

Focused on the Middle East and North Africa (MENA) region this book looks at wide-ranging and diverse topics of interest, from dictatorships, civil wars, terrorism and water shortages, to more economic problems arising from volatile oil prices, barriers to trade and foreign investment, dominance of public enterprises, and low skill work forces.

The book focuses on agency rating system of the international country risk guide and analyses risk returns and models of conditional volatility. Time series data permit a comparative assessment of risk ratings for 120 countries, and highlight the importance of economic, financial and political risk ratings as components of a composite risk rating.

The monograph concentrates on recent developments in modelling economic processes on a macro level. It focuses on two main areas, namely, co-integration analysis and the use of high frequency time series. Special emphasis is put on testing, application of VEqCM models to I(1) as well as I(2) variables and structuralization of VAR.

This volume of Contributions to Economic Analysis addresses a number of important questions in the field of business cycles including: How should business cycles be dated and measured? What is the response of output and employment to oil-price and monetary shocks? And, is the business cycle asymmetric, and does it matter?

The "Contributions to Economic Analysis" series consists of a number of previously unpublished studies. The term economic analysis is used because it covers the activities of the theoretical economist and the research worker.

This book explores the welfare effects of environmental taxes in a second-best framework. It starts from a benchmark model which reveals that environmental taxes typically exacerbate pre-existing tax distortions, and extends it by introducing capital, terms of trade effects, transfers, involuntary unemployment, or environmental feedbacks.

Demographic changes (dropping birth rates, decline in population growth and rapid population aging), their economic implications, and possible policy responses are the subject matter of this volume. It draws on international experience to address these issues, but focuses on the experience of Japan, the country with the world's oldest population.

This book investigates the impact of USA patent activity on technical change in 35 industries given in the KLEM (Jorgenson, 1996) data set for the period 1958-1996. Four patent variables are introduced, namely total patent applications, total patents granted, unsuccessful patent applications and foreign patents granted.

This is a collection of papers from a conference in honor of J. Michael Finger on the occasion of his retirement from the World Bank. It covers a number of important issues in the analysis of policy reform and the political economy of policy reform including policy learning and the role of international agencies in policy reform.

Aims to review and discuss the different varieties of macro modelling of economic policies. This book also attempts to analyze policy themes that are important in Finland and elsewhere. Its last set of papers analyze exchange rate policies in Finland and issues in European Economic Integration.

The Personal Income Tax

Describes the development of competition policy in 10 EU Member States, and the interaction of those policies with EU competition policy. This work includes the convergence of competition policy to the EU approach and the influence of Member State practice on EU competition policy. It analyzes its functioning from an economic point of view.

This volume encourages comparative explorations of the links between economic regionalism and government behaviour. Theories of the public sector are reviewed, restructured and extended, and historical and institutional perspectives on the public sector examined in empirical case studies from Sweden, USA, Belgium, Malaysia, England and Singapore.

These papers demonstrate how different kinds of analytical approach can be used to anticipate the economic repercussions of systematic reduction of military spending. It is of interest to economists, scholars in peace studies and international relations, and government officials dealing with disarmament issues and economic restructuring.

The main purpose of this book is to enhance the understanding of differences in productivity performance between countries and sectors and to improve our insight in the drivers of productivity levels and its growth. It contains international comparisons between EU and OECD countries, in particular with regard to productivity performance.

Focuses on variances in the structural and dynamic properties of manufacturing industries. This book shows results by exploring the theoretical and empirical literature in industrial economics, by using a longitudinal firm-level database, and by developing and simulating a model on industrial dynamics.

The economics of art markets is an area open to econometricians, theorists, economic and art historians, labour economists, and students interested in the economic analysis of legal problems. This volume covers a number of issues including auction anomalies, the management of museums, the excess supply of labour in the performing arts, and more.

This book contains state-of-the-art cumulative research and results on functional structure, approximation and estimation for: individual economic agents; aggregation over those agents; and equilibrium solution stochastic processes. Contributions to time series modeling and inference in the time domain and the frequency domain are also covered.

It is the intention of the editors to make available with this book a selection of current work in regional economics and regional science.

This volume includes some of the papers presented at the 11th International Conference on Panel Data, Texas, June 2004, and other solicited papers that passed the refereeing process and includes such topics as dynamic panel data estimation, non-linear panel data methods and the phenomenal growth in non-stationary panel data econometrics.

Deals with the investigation of the contemporary financial issues of the e-commerce market.

Analysing lifetime distribution and redistribution, this book uses a cohort microsimulation model as a tool to analyse several questions which concern income distribution and redistribution, social security and income tax incidence. It is suitable for those working in social and economic policy who are concerned about such issues.

Trade theories predict and explain the consequences of economic integration. Generally, they show that freer international trade leads to specialisation, technological convergence and faster economic growth. This study compares the conclusions of the trade theories with empirical observations of economic changes in the European Union.