Books in Consumption saving production employment and investment

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A Great Leap Forward

• 1st Edition
• January 14, 2020
• Randall Wray
• English
• Paperback 978-0-12-819380-8

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• eBook 978-0-12-819381-5

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A Great Leap Forward: Heterodox Economic Policy for the 21st Century investigates economic policy from a heterodox and progressive perspective. Author Randall Wray uses relatively short chapters arranged around several macroeconomic policy themes to present an integrated survey of progressive policy on topics of interest today that are likely to remain topics of interest for many years.

Measuring Economic Growth and Productivity

• 1st Edition
• November 6, 2019
• Barbara Fraumeni
• English
• Paperback 978-0-12-817596-5

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• eBook 978-0-12-817597-2

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Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions presents new insights into the causes, mechanisms and results of growth in national and regional accounts. It demonstrates the versatility and usefulness of the KLEMS databases, which generate internationally comparable industry-level data on outputs, inputs and productivity. By rethinking economic development beyond existing measurements, the book's contributors align the measurement of growth and productivity to contemporary global challenges, addressing the need for measurements as well as the Gross Domestic Product. All contributors in this foundational volume are recognized experts in their fields, all inspired by the path-breaking research of Dale W. Jorgenson.

Handbook of US Consumer Economics

• 1st Edition
• August 12, 2019
• Andrew Haughwout + 1 more
• English
• Paperback 978-0-12-813524-2

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• eBook 978-0-12-813525-9

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Handbook of U.S. Consumer Economics presents a deep understanding on key, current topics and a primer on the landscape of contemporary research on the U.S. consumer. This volume reveals new insights into household decision-making on consumption and saving, borrowing and investing, portfolio allocation, demand of professional advice, and retirement choices. Nearly 70% of U.S. gross domestic product is devoted to consumption, making an understanding of the consumer a first order issue in macroeconomics. After all, understanding how households played an important role in the boom and bust cycle that led to the financial crisis and recent great recession is a key metric.

Risk and Return for Regulated Industries

• 1st Edition
• April 19, 2017
• Bente Villadsen + 3 more
• English
• Paperback 978-0-12-812587-8

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• eBook 978-0-12-812588-5

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Risk and Return for Regulated Industries provides a much-needed, comprehensive review of how cost of capital risk arises and can be measured, how the special risks regulated industries face affect fair return, and the challenges that regulated industries are likely to face in the future. Rather than following the trend of broad industry introductions or textbook style reviews of utility finance, it covers the topics of most interest to regulators, regulated companies, regulatory lawyers, and rate-of-return analysts in all countries. Accordingly, the book also includes case studies about various countries and discussions of the lessons international regulatory procedures can offer.

Applied Consumption Analysis

• 2nd Edition
• Volume 5
• July 14, 2014
• L. Phlips
• English
• eBook 978-1-4832-9870-2

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This volume links the abstract theory of demand with its econometric implementation. Exercises lead the reader from elementary utility maximization to the most sophisticated recent techniques, highlighting the main steps in the historical evolution of the subject. The first part presents a brief discussion of duality and flexible forms, and in particular of Deaton and Muellbauer's ``almost ideal demand system''. Part two includes the author's work on true wage indexes, and on intertemporal utility maximization.