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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.

BooksJournals

    • A Theory of International Trade Under Uncertainty

      • 1st Edition
      • May 10, 2014
      • Elhanan Helpman + 1 more
      • Karl Shell
      • English
      • Paperback
        9 7 8 1 4 8 3 2 4 0 5 0 3
      • eBook
        9 7 8 1 4 8 3 2 7 1 5 1 4
      A Theory of International Trade Under Uncertainty analyzes international trade in goods and securities in the presence of uncertainty using an integrated general equilibrium framework that recognizes the dependence of markets for goods on financial markets and vice versa. The usefulness of this approach is demonstrated by means of applications to questions such as the effects of international trade on resource allocation, tariff policy, and intervention in financial capital markets. Results which are important for theoretical as well as policy oriented applications are presented. Comprised of 11 chapters, this volume begins with an introduction to some of the fundamental elements of the deterministic Ricardian and Heckscher-Ohlin theories of international trade. Relevant elements from the theory of decision making under uncertainty are then discussed, along with the behavior of firms and consumers-investors in an economy with stock markets. Subsequent chapters focus on problems of commercial policy; gains from trade in goods and securities; and issues of intervention in financial capital markets. The book concludes by describing a dynamic model of international trade that contains an infinite horizon and takes into account the trade-off between present period consumption and savings. An example that illustrates an equilibrium structure of the dynamic model is presented. This monograph is intended for economists who are interested in international trade or international finance, including graduate students who specialize in these fields.

    • The Economics of Housing Vouchers

      • 1st Edition
      • May 10, 2014
      • Joseph H. Friedman + 1 more
      • English
      • Paperback
        9 7 8 1 4 8 3 2 3 9 1 5 6
      • eBook
        9 7 8 1 4 8 3 2 6 0 4 3 3
      The Economics of Housing Vouchers is a seven-chapter text that examines the housing choices of low-income families in two metropolitan areas, namely, Phoenix and Pittsburgh. Some of these households are offered a novel kind of housing subsidy, including a housing allowance or housing voucher, in an experimental framework designed to test this approach to demand-side housing assistance. Chapter 1 presents an overview of U.S. housing programs and the dimensions of the U.S. housing problem. Chapter 2 provides a simple microeconomic model that conceptualizes household behavior, as well as a summary of some of the extant evidence on housing demand. This chapter also estimates the housing demand models for the low-income population in the Demand Experiment, using housing expenditures to measure housing. Chapter 3 applies a hedonic index of housing services that abstracts from particular characteristics of the household or landlord that may affect rent and attempts to measure housing in a more objective manner. Chapter 4 describes a model of household behavior that leads to the methodology for estimating experimental effects. Chapter 5 repeats the analysis for Minimum Rent households, while Chapter 6 examines the effect of both kinds of Housing Gap allowance payment on the consumption of housing services. Lastly, Chapter 7 focuses on the implications of the experimental findings for housing policy. This chapter compares a housing allowance strategy with two other approaches, namely, a pure income-transfer approach and a construction-oriente... approach. This book is of value to workers in housing policy, including economists, regional and other social scientists in academia, housing analysts, the Congress, housing lobby groups, and state and local government housing officials.

    • Trends in Airborne Equipment for Agriculture and Other Areas

      • 1st Edition
      • May 18, 2014
      • Sam Stuart
      • English
      • eBook
        9 7 8 1 4 8 3 1 5 6 1 0 1
      Trends in Airborne Equipment for Agriculture and Other Areas is a collection of papers presented at a Seminar on Techno-economic Trends in Airborne Equipment for Agriculture and other Selected Areas of the National Economy (Aero-agro '78), organized by the United Nations Economic Commission for Europe and held in Warsaw, Poland, on September 18-22, 1978. Contributors examine the role of airborne equipment in agriculture and other areas from the perspectives of economic, technical and environmental concerns. Attention is paid to the value of soil surveys and land evaluation maps and of biogeographical analyses of pest outbreaks in planning aerial application operations. This book is comprised of 45 chapters and begins with a discussion on the economic aspects of airborne equipment, with emphasis on the value of bio-aeronautics in crop production and protection and of aircraft in the management of biological resources. Among the many techniques to improve economic efficiency, speed and timing are highlighted. The technical design and operation of equipment for aircraft are also considered, along with the use of helicopters as airborne cranes for a wide range of applications such as building construction and geological surveys. The results of experiments on the corrosive effects of pesticides, both in water and oil suspensions, are presented. A non-polluting insecticide particularly suited for ultra-low volume operations is also described, together with the use of light aircraft for fighting forest fires. This monograph will be a valuable resource for economists and agriculturists as well as policymakers in both areas.

    • Price Expectations in Rising Inflation

      • 1st Edition
      • Volume 152
      • June 28, 2014
      • I. Visco
      • English
      • Paperback
        9 7 8 1 4 9 3 3 0 7 8 6 9
      • eBook
        9 7 8 1 4 8 3 2 9 5 8 3 1
      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.

    • New Quantitative Techniques for Economic Analysis

      • 1st Edition
      • May 10, 2014
      • Giorgio P. Szegö
      • English
      • Paperback
        9 7 8 1 4 8 3 2 4 7 2 4 3
      • eBook
        9 7 8 1 4 8 3 2 7 3 4 6 4
      Economic Theory, Econometrics, and Mathematical Economics: New Quantitative Techniques for Economic Analysis provides a critical appraisal of the results, the limits, and the developments of well-established quantitative techniques. This book presents a detailed analysis of the quantitative techniques for economic analysis. Organized into four parts encompassing 16 chapters, this book begins with an overview of the general questions concerning models and model making. This text then provides the main results and various interesting economic applications of some quantitative techniques that have not been widely used in the economic field. Other chapters consider the principle of optimality in dynamic programing wherein the infinite sequence of consumption-saving decisions can be reduced to one decision. This book discusses as well the methods for online control and management of large-scale systems. The final chapter deals with special problems. This book is a valuable resource for economists, social scientists, epistemologists, economic historians, and research workers.

    • Science and Starvation

      • 1st Edition
      • May 9, 2014
      • Donald J. Hughes
      • English
      • Paperback
        9 7 8 1 4 8 3 1 1 3 5 2 4
      • eBook
        9 7 8 1 4 8 3 1 4 5 9 4 5
      Science and Starvation: An Introduction to Economic Development focuses on the relationship of the advancement of science and the proliferation of poverty. The book first underscores the nature of poverty, development of the West and other countries, and some principles of development. The text takes into consideration the comfort brought about by scientific revolution and also the increasing reality of starvation which affects millions. The publication takes a look at the discrepancy of living conditions in different countries, wherein it is noted that countries in the West have better living conditions due to the tremendous growth in science and technology in their sector. This fact is particularly evident in the United States, Japan, and the Soviet Union. The text ponders on international aid, United Nations aid, and the population problem. The contributions of the United Nations to various projects targeted at fighting poverty is underscored. The publication is a valuable source of data for researchers interested in the relationship of science and poverty.

    • Economic Analysis in Historical Perspective

      • 1st Edition
      • May 20, 2014
      • J. Creedy + 1 more
      • English
      • Paperback
        9 7 8 1 4 8 3 1 3 1 1 7 7
      • Hardback
        9 7 8 0 4 0 8 1 1 4 3 0 1
      • eBook
        9 7 8 1 4 8 3 1 6 3 5 9 8
      Economic Analysis in Historical Perspective offers a wide discussion on economics and its history. One of the book’s main principles is to place the several major areas of economic analysis in historical perspective. The book’s first topic is about monetary economics; it includes subtopics such as concepts of money, supply and demand of money, monetary control, and rate of interest. The next chapter highlights the economics of welfare, including its nature, modern issues, classical paradigm, and advancements. In Chapter 4, the main topics are public finance, taxes, and the government’s role in all of it. This chapter also elaborates on public expenditure, taxation, and income redistribution. In the last remaining chapters, the discussion circles around the topic’s relevant theories, metrics, and statistics. The text serves as a valuable reference to undergraduates or postgraduates of economics.

    • Intermediate Microeconomics with Applications

      • 1st Edition
      • May 10, 2014
      • Aroop K. Mahanty
      • English
      • Paperback
        9 7 8 1 4 8 3 2 4 3 0 6 1
      • eBook
        9 7 8 1 4 8 3 2 6 8 7 9 8
      Intermediate Microeconomics with Applications describes the methods and practicality of microeconomics, specifically the actual empirical models. This book is divided into 17 chapters and begins with discussions of the principles and concept of utility, preference, indifference and revenue analysis, demand, and production. The succeeding chapters deal with the production theory, the applications of linear programming, theory of costs, and profits. Other chapters explore the fundamentals of perfect and imperfect competition, the issues of pricing, and decision making under uncertainty. The final chapters discuss some factors of production and marketing, the link between the so-called “general equilibrium” and welfare economics, and some economic regulation. This book will be of value to economists and business managers.

    • Europe's Free Trade Area Experiment

      • 1st Edition
      • May 17, 2014
      • Hugh Corbet + 1 more
      • English
      • eBook
        9 7 8 1 4 8 3 1 4 6 3 0 0
      Europe's Free Trade Area Experiment: EFTA and Economic Integration is an 11-chapter book that begins by exploring the role of free trade area. This book then describes the first decade of European Free Trade Association (EFTA) and its effects on member countries. Subsequent chapters explain the second phase in EFTA's development, the association's experience with non-tariff barriers, and their expansion. The British business attitudes toward EFTA are also discussed.

    • National Trade Policies

      • 1st Edition
      • June 28, 2014
      • D. Salvatore
      • English
      • Paperback
        9 7 8 1 4 9 3 3 0 5 0 2 5
      • eBook
        9 7 8 1 4 8 3 2 9 5 6 3 3
      The aim of this volume is to examine and compare the trade policies followed by the most important trading nations of the world. Today there are few, if any, large scale studies of comparative trade such as this one. Moreover trade policies and controversies are expected to become even more important in the future.The volume offers an easily accessible overview of trade policies in each of the world's major trading countries. Thus, this handbook can be of great use to students of comparative economic systems in general and to economists, policymakers, and the general informed public, serving as a comprehensive source of reference and comparison. The references at the end of each chapter and the selected bibliography at the end of the volume identify the most important sources of additional information on the trade policies of the world's most important trading countries.

Related subjects

Agricultural and natural resource economics

Business economics

Economic development technological change and growth

Economic history

Economic systems

Financial economics

General economics and teaching

Health education and welfare

Industrial organization

International economics

Labor and demographic economics

Law and economics

Macroeconomic and monetary economics

Mathematical and quantitative methods

Methodology and history of economic thought

Microeconomics

Public economics

Urban rural and regional economics