Economics of Relative Prices
Author: Bela Csikos-Nagy
Publisher: Springer
Published: 2016-01-15
Total Pages: 559
ISBN-13: 1349062650
DOWNLOAD EBOOKRead and Download eBook Full
Author: Bela Csikos-Nagy
Publisher: Springer
Published: 2016-01-15
Total Pages: 559
ISBN-13: 1349062650
DOWNLOAD EBOOKAuthor: Csikos Nagy Bela
Publisher:
Published: 1984
Total Pages: 551
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1989
Total Pages: 551
ISBN-13:
DOWNLOAD EBOOKAuthor: Bruno S. Frey
Publisher: Springer
Published: 2017-03-08
Total Pages: 168
ISBN-13: 3319474588
DOWNLOAD EBOOKReporting on cutting-edge advances in economics, this book presents a selection of commentaries that reveal the weaknesses of several core economics concepts. Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge. By discussing problematic theoretical assumptions and drawing on the latest empirical research, the authors question specific hypotheses and reject major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence. This fascinating and thought-provoking collection of 71 short essays written by respected economists and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.
Author: David E. W. Laidler
Publisher:
Published: 2003
Total Pages: 48
ISBN-13:
DOWNLOAD EBOOKAuthor: Alex Cukierman
Publisher: Cambridge University Press
Published: 1984-11-30
Total Pages: 0
ISBN-13: 0521256305
DOWNLOAD EBOOKProfessor Cukierman presents a summary view of the recent imperfect information approach to inflation and its real effects, focusing in particular on two types of informational limitations. The first involves situations in which individuals have asymmetric information about the current general price level and consequently confuse relative and aggregate changes in prices. The second considers models in which individuals cannot distinguish permanent from transitory changes in the economic environment. The book assumes no mathematical training beyond standard calculus and elementary statistics.
Author: Mr.Michael Sarel
Publisher: International Monetary Fund
Published: 1995-11
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKThis paper examines the role of relative prices in economic growth and the possibility that relative prices are (or can be) partly determined by tax policy. In the opening section, the paper links relative prices to tax policy. Using an extension to a standard model of economic growth, it demonstrates that under certain conditions a simple tax policy, that determines the relative price of investment, can affect the investment rate and the permanent growth rate of the economy. The paper develops a method to obtain consistent data on relative prices for a large set of countries. Using these data in cross-country regressions, it examines how economic growth is affected by relative prices. The results of these empirical tests identify the relative prices as a key factor affecting investment and growth.
Author: Patinkin, Don
Publisher:
Published: 1949
Total Pages: 27
ISBN-13:
DOWNLOAD EBOOKAuthor: National Research Council
Publisher: National Academies Press
Published: 2012-12-28
Total Pages: 117
ISBN-13: 0309265835
DOWNLOAD EBOOKThe U.S. food system provides many benefits, not the least of which is a safe, nutritious and consistent food supply. However, the same system also creates significant environmental, public health, and other costs that generally are not recognized and not accounted for in the retail price of food. These include greenhouse gas (GHG) emissions, soil erosion, air pollution, and their environmental consequences, the transfer of antibiotic resistance from food animals to human, and other human health outcomes, including foodborne illnesses and chronic disease. Some external costs which are also known as externalities are accounted for in ways that do not involve increasing the price of food. But many are not. They are borne involuntarily by society at large. A better understanding of external costs would help decision makers at all stages of the life cycle to expand the benefits of the U.S. food system even further. The Institute of Medicine (IOM) and the National Research Council (NRC) with support from the U.S. Centers for Disease Control and Prevention (CDC) convened a public workshop on April 23-23, 2012, to explore the external costs of food, methodologies for quantifying those costs, and the limitations of the methodologies. The workshop was intended to be an information-gathering activity only. Given the complexity of the issues and the broad areas of expertise involved, workshop presentations and discussions represent only a small portion of the current knowledge and are by no means comprehensive. The focus was on the environmental and health impacts of food, using externalities as a basis for discussion and animal products as a case study. The intention was not to quantify costs or benefits, but rather to lay the groundwork for doing so. A major goal of the workshop was to identify information sources and methodologies required to recognize and estimate the costs and benefits of environmental and public health consequences associated with the U.S. food system. It was anticipated that the workshop would provide the basis for a follow-up consensus study of the subject and that a central task of the consensus study will be to develop a framework for a full-scale accounting of the environmental and public health effects for all food products of the U.S. food system. Exploring Health and Environmental Costs of Food: Workshop Summary provides the basis for a follow-up planning discussion involving members of the IOM Food and Nutrition Board and the NRC Board on Agriculture and Natural Resources and others to develop the scope and areas of expertise needed for a larger-scale, consensus study of the subject.
Author: Richard B. McKenzie
Publisher: Springer Science & Business Media
Published: 2008-04-17
Total Pages: 332
ISBN-13: 0387770011
DOWNLOAD EBOOKThis entertaining book seeks to unravel an array of pricing puzzles from the one captured in the book’s title to why so many prices end with "9" (as in $2.99 or $179). Along the way, the author explains how the 9/11 terrorists have, through the effects of their heinous acts on the relative prices of various modes of travel, killed more Americans since 9/11 than they killed that fateful day. He also explains how well-meaning efforts to spur the use of alternative, supposedly environmentally friendly fuels have starved millions of people around the world and given rise to the deforestation of rainforests in Malaysia and Indonesia.