Income Distribution in Macroeconomic Models

Income Distribution in Macroeconomic Models

Author: Giuseppe Bertola

Publisher: Princeton University Press

Published: 2014-09-28

Total Pages: 439

ISBN-13: 0691164592

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This book looks at the distribution of income and wealth and the effects that this has on the macroeconomy, and vice versa. Is a more equal distribution of income beneficial or harmful for macroeconomic growth, and how does the distribution of wealth evolve in a market economy? Taking stock of results and methods developed in the context of the 1990s revival of growth theory, the authors focus on capital accumulation and long-run growth. They show how rigorous, optimization-based technical tools can be applied, beyond the representative-agent framework of analysis, to account for realistic market imperfections and for political-economic interactions. The treatment is thorough, yet accessible to students and nonspecialist economists, and it offers specialist readers a wide-ranging and innovative treatment of an increasingly important research field. The book follows a single analytical thread through a series of different growth models, allowing readers to appreciate their structure and crucial assumptions. This is particularly useful at a time when the literature on income distribution and growth has developed quickly and in several different directions, becoming difficult to overview.


Handbook of Industrial Organization

Handbook of Industrial Organization

Author: Richard Schmalensee

Publisher: North Holland

Published: 1989-09-11

Total Pages: 1002

ISBN-13:

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Determinants of firm and market organization; Analysis of market behavior; Empirical methods and results; International issues and comparision; government intervention in the Marketplace.


The Economics of the Trade Union

The Economics of the Trade Union

Author: Alison L. Booth

Publisher: Cambridge University Press

Published: 1995

Total Pages: 316

ISBN-13: 9780521468398

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This book analyses the crucial features of unionised labour markets. The models in the book refer to labour contracts between unions and management, but the method of analysis is also applicable to non-union labour markets where workers have some market power. In this book, Alison Booth, a researcher in the field, emphasises the connection between theoretical and empirical approaches to studying unionised labour markets. She also highlights the importance of taking into account institutional differences between countries and sectors when constructing models of the unionised labour market. While the focus of the book is on the US and British unionised labour markets, the models and analytical methods are applicable to other industrialised countries with appropriate modifications.


International Handbook of Trade Unions

International Handbook of Trade Unions

Author: John T. Addison

Publisher: Edward Elgar Publishing

Published: 2003

Total Pages: 555

ISBN-13: 9781840649796

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This Handbook is an authoritative and invaluable reference tool, uniquely analysing the forces governing unionism, union behaviour and union impact from a variety of perspectives, both theoretical and empirical. The 14 chapters are written in an accessible style by acknowledged leading specialists from the fields of economics and industrial relations. They offer a truly international perspective on this important subject.This superbly comprehensive Handbook examines the determinants of union membership, models of union behaviour and the economics of strikes, as well as the effects of unions on wages, pay inequality and firm performance (to include innovation). It also analyses trade unions as political actors and their impact on macroeconomic performance. Institutional detail is added in specific chapters documenting recent developments in the US and the UK, and prospects for a Europeanization of collective bargaining. A review of union density in more than 100 nations, is also provided.The Handbook is suited to a range of courses and is aptly designed to meet the needs of students - from undergraduates upwards - and academics in the fields of economics, industrial relations, human resources management, as well as general labour scholars.


An Economic Theory of Managerial Firms

An Economic Theory of Managerial Firms

Author: Luca Lambertini

Publisher: Taylor & Francis

Published: 2017-04-21

Total Pages: 231

ISBN-13: 1317218264

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The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the twentieth century, the theory of the firm and the theory of industrial organization developed parallel and complementary views on managerial firms. This book offers a comprehensive exposition of this debate. In its survey of strategic delegation in oligopoly games, An Economic Theory of Managerial Firms is able to offer a reinterpretation of a range of standard results in the light of the fact that the control of firms is generally not in the hand of its owners. The theoretical models are supported by a wealth of real-world examples, in order to provide a study of strategic delegation that is far more in-depth than has previously been found in the literature on industrial organization. In this volume, analysis is extended in several directions to cover applications concerning the role of: managerial firms in mixed market; collusion and mergers; divisionalization and vertical relations; technical progress; product differentiation; international trade; environmental issues; and the intertemporal growth of firms. This book is of great interest to those who study industrial economics, organizational studies and industrial studies.


Violence and Social Orders

Violence and Social Orders

Author: Douglass Cecil North

Publisher: Cambridge University Press

Published: 2009-02-26

Total Pages: 345

ISBN-13: 0521761735

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This book integrates the problem of violence into a larger framework, showing how economic and political behavior are closely linked.


Economic Regulation and Its Reform

Economic Regulation and Its Reform

Author: Nancy L. Rose

Publisher: University of Chicago Press

Published: 2014-08-29

Total Pages: 619

ISBN-13: 022613816X

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The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.