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The Economics of Collusion: Cartels and Bidding Rings

Marshall, Robert C.; Marx, Leslie M. - The MIT Press

Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms can enhance profits. Many cartels and bidding...

Persistent link: https://www.econbiz.de/10010535198

The Clash of Generations: Saving Ourselves, Our Kids, and Our Economy

Kotlikoff, Laurence J.; Burns, Scott - The MIT Press

The United States is bankrupt, flat broke. Thanks to accounting that would make Enron blush, America’s insolvency goes far beyond what our leaders are disclosing. The United States is a fiscal basket case, in worse shape than the notoriously bailed-out countries of Greece, Ireland, and others....

Persistent link: https://www.econbiz.de/10010535203

The Continuing Evolution of Europe

Buettner, Thiess (contributor); Ochel, Wolfgang (contributor) - The MIT Press

The European Union began with efforts in the Cold War era to foster economic integration among a few Western European countries. Today’s EU constitutes an upper tier of government that affects almost every level of policymaking in each of its twenty-seven member states. The recent financial...

Persistent link: https://www.econbiz.de/10010535205

The Craft of Economics: Lessons from the Heckscher-Ohlin Framework

Leamer, Edward E. - The MIT Press

In this spirited and provocative book, Edward Leamer turns an examination of the Heckscher–Ohlin framework for global competition into an opportunity to consider the craft of economics: what economists do, what they should do, and what they shouldn’t do. Claiming “a lifetime relationship...

Persistent link: https://www.econbiz.de/10010535226

Health Economics

Sloan, Frank A.; Hsieh, Chee-Ruey - The MIT Press

This book introduces students to the growing research field of health economics. Rather than offer details about health systems around the world without providing a theoretical context, Health Economics combines economic concepts with empirical evidence to enhance readers’ economic...

Persistent link: https://www.econbiz.de/10010535227

Money, Payments, and Liquidity

Nosal, Ed; Rocheteau, Guillaume - The MIT Press

In Money, Payments, and Liquidity, Ed Nosal and Guillaume Rocheteau provide a comprehensive investigation into the economics of money and payments by explicitly modeling trading frictions between agents. Adopting the search-theoretic approach pioneered by Nobuhiro Kiyotaki and Randall Wright,...

Persistent link: https://www.econbiz.de/10010535233

Student Solutions Manual for Mathematics for Economics

Hoy, Michael; Livernois, John; McKenna, Chris; Rees, Ray; … - The MIT Press

This solutions manual contains the full solutions to the odd-numbered problems in the main text.

Persistent link: https://www.econbiz.de/10010535235

The Effect of Changes in World Crude Oil Prices on U.S. Automobile Exports

Belenkiy, Maksim; Osborne, Stefan - In: International Journal of Energy Economics and Policy 2 (2012) 3, pp. 147-158

This study describes an export model where consumers differentiate between different types of automobiles by the distance they can travel on one dollar’s worth of fuel. The model predicts that the overall demand for vehicles falls as crude oil prices rise, and that the demand for less...

Persistent link: https://www.econbiz.de/10010555767

Econometric Analysis of Fiscal Policy Budget Constraints in Endogenous Growth Models

Tsukuda, Yoshihiko; Miyakoshi, Tatsuyoshi - In: Economics Bulletin 30 (2010) 4, pp. 2884-2894

Kneller et al. (1999) examined the predictions of the public-policy endogenous growth models of Barro (1990) and others that suggest that unlike distortionary taxation and productive expenditures, nondistortionary taxation and nonproductive expenditures have no direct effect on the rate of...

Persistent link: https://www.econbiz.de/10008692042

Econometric analysis of carbon markets: the european union emissions trading scheme and the clean development mechanism

Chevallier, Julien - In: Economics Bulletin 31 (2011) 4, pp. 53-53

at those with a basic understanding of time series econometrics, this book will be extremely useful for researchers and … especially those in econometrics and carbon finance. The material is also appropriate for students (advanced undergraduates, MSc …, MBA) in the field of econometrics, energy and environmental economics. Readers are supplied with hyperlinks to data and R …

Persistent link: https://www.econbiz.de/10010835907