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Currency Boards in Retrospect and Prospect

Currency Boards in Retrospect and Prospect

Holger C. Wolf, Atish R. Ghosh, Helge Berger, and Anne-Marie Gulde

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262232654
eISBN:
9780262286411
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262232654.001.0001
Subject:
Economics and Finance, Econometrics

Currency boards, more so than other exchange rate regimes, have come in and out of fashion. Defined by a fixed exchange rate with full convertibility, central bank liabilities backed with foreign ... More

Deliberating American Monetary PolicyA Textual Analysis

Deliberating American Monetary Policy: A Textual Analysis

Cheryl Schonhardt-Bailey

Published in print:
2013
Published Online:
May 2014
ISBN:
9780262019576
eISBN:
9780262314725
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262019576.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

American monetary policy is formulated by the Federal Reserve and overseen by Congress. Both policy making and oversight are deliberative processes, although the effect of this deliberation has been ... More

Deposit Insurance around the WorldIssues of Design and Implementation

Deposit Insurance around the World: Issues of Design and Implementation

Asli Demirguc-Kunt, Edward J. Kane, and Luc Laeven (eds)

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262042543
eISBN:
9780262271462
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262042543.001.0001
Subject:
Economics and Finance, Econometrics

Explicit deposit insurance (DI) is widely held to be a crucial element of modern financial safety nets. For this reason, establishing a DI system is frequently recommended by outside experts to ... More

The Development and Testing of Heckscher-Ohlin Trade ModelsA Review

The Development and Testing of Heckscher-Ohlin Trade Models: A Review

Robert E. Baldwin

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262026567
eISBN:
9780262267656
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262026567.001.0001
Subject:
Economics and Finance, Econometrics

No names are more closely associated with modern trade theory than Eli Heckscher and Bertil Ohlin. The basic Heckscher–Ohlin proposition, according to which a country exports factors in abundant ... More

Dimensions of Competitiveness

Dimensions of Competitiveness

Paul De Grauwe (ed.)

Published in print:
2010
Published Online:
August 2013
ISBN:
9780262013963
eISBN:
9780262289320
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262013963.001.0001
Subject:
Economics and Finance, Econometrics

Competitiveness among nations is often approached as if it were a sports competition: Some countries win medals, others lose out. This view of countries fighting it out in the economic arena is ... More

Double DividendEnvironmental Taxes and Fiscal Reform in the United States

Double Dividend: Environmental Taxes and Fiscal Reform in the United States

Dale W. Jorgenson, Richard J. Goettle, Mun S. Ho, and Peter J. Wilcoxen

Published in print:
2014
Published Online:
September 2014
ISBN:
9780262027090
eISBN:
9780262318563
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027090.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

Energy utilization, especially from fossil fuels, creates hidden costs in the form of pollution and environmental damages. The costs are well-documented but are hidden in the sense that they occur ... More

Dynamic Allocation and PricingA Mechanism Design Approach

Dynamic Allocation and Pricing: A Mechanism Design Approach

Alex Gershkov and Benny Moldovanu

Published in print:
2015
Published Online:
May 2016
ISBN:
9780262028400
eISBN:
9780262327732
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028400.001.0001
Subject:
Economics and Finance, Financial Economics

Dynamic allocation and pricing problems appear in numerous frameworks such as the retail of seasonal/style goods, the allocation of fixed capacities in the travel and leisure industries (e.g., ... More

Econometrics in a Formal Science of EconomicsTheory and the Measurement of Economic Relations

Econometrics in a Formal Science of Economics: Theory and the Measurement of Economic Relations

Bernt P. Stigum

Published in print:
2014
Published Online:
September 2015
ISBN:
9780262028585
eISBN:
9780262323109
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028585.001.0001
Subject:
Economics and Finance, Econometrics

Econometrics is a study of good and bad ways to measure economic relations. This book discusses the role economic theory ought to play in such measurements. The role theory should play, depends on ... More

Economic Prosperity RecapturedThe Finnish Path from Crisis to Rapid Growth

Economic Prosperity Recaptured: The Finnish Path from Crisis to Rapid Growth

Seppo Honkapohja, Erkki A. Koskela, Willi Leibfritz, and Roope Uusitalo

Published in print:
2009
Published Online:
August 2013
ISBN:
9780262012690
eISBN:
9780262255394
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262012690.001.0001
Subject:
Economics and Finance, Econometrics

Many countries have experienced major economic changes since the mid-1980s as a result of the deregulation and liberalization of national financial systems—two key aspects of globalization—with some ... More

The Economics of ConflictTheory and Empirical Evidence

The Economics of Conflict: Theory and Empirical Evidence

Karl Wärneryd (ed.)

Published in print:
2014
Published Online:
September 2014
ISBN:
9780262026895
eISBN:
9780262321976
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262026895.001.0001
Subject:
Economics and Finance, Economic Systems

Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined ... More

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