Skip to main content

Books in Economics and finance

Our Economics and Finance titles are essential reading for students, scholars, policymakers, and market practitioners who want to stay up-to-date with the latest research and foundational topics in the field, from financial markets and trade to e-commerce, econometrics, quantiative investing, financial technology, financial engineering, global finance, corporate finance, law and economics, macro and microeconomics, and risk management.

Titles manage to balance quality of content with the increasing demand for a wider view of the vast array of topics in the field of Economics and Finance.

  • Readings in Econometric Theory and Practice

    A Volume in Honor of George Judge
    • 1st Edition
    • Volume 209
    • W.E. Griffiths + 2 more
    • English
    This volume honors George Judge and his many, varied and outstanding contributions to econometrics, statistics, mathematical programming and spatial equilibrium modeling. The papers are grouped into four parts, each part representing an area in which Professor Judge has made a significant contribution. The authors have all benefited in some way, directly or indirectly, through an association with George Judge and his work.The three papers in Part I are concerned with various aspects of pre-test and Stein-rule estimation. Part II contains applications of Bayesian methodology, new developments in Bayesian methodology, and an overview of Bayesian econometrics. The papers in Part III comprise new developments in time-series analysis, improved estimation and Markov chain analysis. The final part on spatial equilibrium modeling contains papers that had their origins from Professor Judge's pioneering work in the 60's.
  • Labour Unions and the Theory of International Trade

    • 1st Edition
    • Volume 202
    • M.C. Kemp + 2 more
    • English
    This book provides a theory of trade between countries in at least one of which the pattern of competitive markets is disturbed by a powerful national labour union and in which, therefore, wage distortions are endogenous; the book then proceeds to re-examine the several comparative-equilibr... questions of conventional trade theory. In addition, several questions are confronted which can be posed only in the new framework.In Chapters II and III, two well-known models of production and trade are taken. In Chapter IV the analysis of Chapter II is reconsidered under the assumption that there is a strong labour union in each trading country. Chapters V-VII broaden the scope of analysis by allowing for capital accumulation and its interaction with union policies.
  • Production Economics: A Dual Approach to Theory and Applications

    Applications of the Theory of Production
    • 1st Edition
    • Volume 2
    • Melvyn Fuss + 1 more
    • English
    Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.
  • Coba

    A Classic Maya Metropolis
    • 1st Edition
    • William J. Folan
    • English
    Coba: A Classic Maya Metropolis investigates the ancient Maya and their ways both at Coba and in the rest of southern Mesoamerica. More specifically, it examines the composition, size, and organization of Coba and the manner in which the residents of this classic Maya metropolis extended themselves and their activities over the landscape. An interpretation of Maya class structure is also offered. Comprised of 14 chapters, this book begins with a background on the archaeological investigations of Coba as part of the Coba Archaeological Mapping Project. The debate over the urban status of Classic Maya settlements is considered, along with investigations of the hydrology, paleoclimatology, flora patterns, and soils of Coba. The importance of Coba in Maya history is then discussed, and the physical geography of the Yucatan Peninsula is described. Subsequent chapters focus on the various characteristics of Coba, including its urban organization and social structure; the composition of its residential compounds; neighborhoods and wards; and cottage industry and guild formation. A reconstruction of Coba's prehistoric population is also presented. This monograph will be of interest to archaeologists and anthropologists.
  • Assessment Through Interviewing

    • 2nd Edition
    • G. Shouksmith
    • English
    This edition retains much of the material of the first edition, but includes extended material on planning for the interview, and on the conduct of the interview, aimed at making its coverage of the basic concepts more comprehensive. Use of groups for individual assessment and development, particularly in human relations training contexts, has increased immeasurably in the last decade, and this has necessitated a more extensive treatment of the theory and practice of group dynamics; the use of counselling interviews receives more attention in this edition, in recognition of recent advances in the use of the interview therapeutically
  • Price Expectations in Rising Inflation

    • 1st Edition
    • Volume 152
    • I. Visco
    • English
    It is claimed in this book that expectations should not necessarily be treated as unobservable variables and that there is much to be learned from survey data. A unique data set is examined, the output of surveys conducted twice a year since 1952, among informed Italian businessmen and economic experts. The predictive accuracy, rationality and determinants of inflation expectations are investigated, following an extensive analysis of measurement issues.The estimate of inflation expectations are evaluated for both wholesale and consumer price changes, comparing them with those held by respondents to other surveys for different countries and with the forecasts generated by alternative predictors of the inflation process. The expectations considered in the study are shown to be remarkably accurate, anticipating all major price changes, even if during the years of high and rising inflation which have followed the first oil crisis they appear to underestimate on a number of occasions the inflation rates actually experienced, as the alternative predictors also do.An accurate testing of the rational expectations hypothesis is conducted, rejecting it over the entire sample period but not for the period of mild, but variable inflation which preceded the first oil crises.It is shown that a mixed adaptive-regressive model, with both error-learning and return-to-normality components adapts very well to the data considered in this study and that inflation expectations are also influenced by an uncertainty component which affects the adaptive coefficient. Furthermore, regression towards normality is slowed down when industrial capacity is utilized above normal, and vice-versa. Many other issues such as the dispersion of individual answers, the problems of aggregation and measurement error are also considered and an extensive bibliography of other works where use is made of direct information on expectations, is included.
  • Applied Iterative Methods

    • 1st Edition
    • Louis A. Hageman
    • English
    Applied Iterative Methods discusses the practical utilization of iterative methods for solving large, sparse systems of linear algebraic equations. The book explains different general methods to present computational procedures to automatically determine favorable estimates of any iteration parameters, as well as when to stop the iterative process. The text also describes the utilization of iterative methods to solve multidimensional boundary-value problems (such as discretization stencil, mesh structure, or matrix partitioning) which affect the cost-effectiveness of iterative solution procedures. The book cites case studies involving iterative methods applications, including those concerning only three particular boundary-value problems. The text explains polynomial acceleration procedures (for example, Chebyshev acceleration and conjugate gradient acceleration) which can be applied to certain basic iterative methods or to the successive overtaxation (SOR) method. The book presents other case studies using the iterative methods to solve monoenergetic transport and nonlinear network flow multidimensional boundary-value problems. The text also describes the procedures for accelerating basic iterative methods which are not symmetrizable. The book will prove beneficial for mathematicians, students, and professor of calculus, statistics, and advanced mathematics.
  • Dialect and Language Variation

    • 1st Edition
    • English
    This anthology emphasizes dialects of American English and language variation in America. The editors present original essays by today's leading investigators, including articles by some of Europe's best dialectologists, obtained expressly for this work.
  • A History of Econometrics

    • 1st Edition
    • Volume 165
    • R.J. Epstein
    • English
    This comparative historical study of econometrics focuses on the development of econometric methods and their application to macroeconomics.The analysis covers the origins of modern econometrics in the USA and Europe during the 1920's and 30's, the rise of `structural estimation' in the 1940's and 50's as the dominant research paradigm, and the crisis of the large macroeconomic models in the 1970's and 80's.The completely original feature of this work is the use of previously unknown manuscript material from the archives of the Cowles Commission and other collections. The history so constructed shows that recent debates over methodology are incomplete without understanding the many deep criticisms that were first raised by the earliest researchers in the field.
  • Philosophy and Archaeology

    • 1st Edition
    • Merrilee H. Salmon
    • English
    Studies in Archaeology: Philosophy and Archaeology presents the circumstances under which archeological hypotheses can be considered confirmed or disconfirmed. This book discusses the role of analogy in archeological reasoning, particularly in ascribing functions to archeological items. Organized into seven chapters, this book begins with an overview of the relationship between archeology and philosophy. This text then examines the importance of laws for archeology and discusses some essential features of law statements. Other chapters consider the strong claims for the hypothetico–deductiv... method of confirmation in various works by archeologists. This book discusses as well the different uses of analogical reasoning in archeology and provides a discussion of the structure of analogical arguments, criteria for evaluating them, and their relations to the Bayesian arguments for confirmation. The final chapter deals with several issues related to the development of a theory of archeology. This book is a valuable resource for archeologists and philosophers.