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Inside and Outside Liquidity

Inside and Outside Liquidity

Bengt Holmstrom and Jean Tirole

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015783
eISBN:
9780262295536
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015783.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Why do financial institutions, industrial companies, and households hold low-yielding money balances, Treasury bills, and other liquid assets? When and to what extent can the state and international ... More

Japan's Bubble, Deflation, and Long-term Stagnation

Japan's Bubble, Deflation, and Long-term Stagnation

Koichi Hamada, Anil K Kashyap, and David E. Weinstein (eds)

Published in print:
2010
Published Online:
August 2013
ISBN:
9780262014892
eISBN:
9780262289467
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262014892.001.0001
Subject:
Economics and Finance, Econometrics

Japan’s economic bubble burst in the early 1990s, and the country entered its famous “lost decade”—a period of stagnation and economic disruption that persisted until 2003. The current declines in ... More

The Knowledge Capital of NationsEducation and the Economics of Growth

The Knowledge Capital of Nations: Education and the Economics of Growth

Eric A. Hanushek and Ludger Woessmann

Published in print:
2015
Published Online:
September 2015
ISBN:
9780262029179
eISBN:
9780262329170
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262029179.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This book advances the simple argument that long-run economic growth is overwhelmingly a function of the cognitive skills of the population, or the “knowledge capital” of a nation. This hypothesis ... More

Lessons from the Economics of CrimeWhat Reduces Offending?

Lessons from the Economics of Crime: What Reduces Offending?

Philip J. Cook, Stephen Machin, Olivier Marie, and Giovanni Mastrobuoni (eds)

Published in print:
2013
Published Online:
May 2014
ISBN:
9780262019613
eISBN:
9780262314633
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262019613.001.0001
Subject:
Economics and Finance, Public and Welfare

This volume includes 10 original papers on various aspects of the economics of crime, together with an introductory essay by the editors that characterizes the intellectual agenda and approach of the ... More

Lives of the LaureatesTwenty-three Nobel Economists

Lives of the Laureates: Twenty-three Nobel Economists

Roger W. Spencer and David A. Macpherson (eds)

Published in print:
2014
Published Online:
May 2015
ISBN:
9780262027960
eISBN:
9780262325868
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027960.001.0001
Subject:
Economics and Finance, Economic History

This book is an informal history of modern economic thought as told through autobiographical chapters by twenty-three Nobel Prize laureates in Economics. The chapters not only provide unique insights ... More

The Marginal Cost of Public FundsTheory and Applications

The Marginal Cost of Public Funds: Theory and Applications

Bev Dahlby

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262042505
eISBN:
9780262271141
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262042505.001.0001
Subject:
Economics and Finance, Econometrics

The marginal cost of public funds (MCF) measures the loss incurred by society in raising additional revenues to finance government spending. The MCF has emerged as one of the most important concepts ... More

Medical Malpractice

Medical Malpractice

Frank A. Sloan and Lindsey M. Chepke

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262195720
eISBN:
9780262283809
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262195720.001.0001
Subject:
Economics and Finance, Public and Welfare

Most experts would agree that the current medical malpractice system in the United States does not work effectively either to compensate victims fairly or prevent injuries caused by medical errors. ... More

The Minimum Wage and Labor Market Outcomes

The Minimum Wage and Labor Market Outcomes

Christopher J. Flinn

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262013239
eISBN:
9780262289399
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262013239.001.0001
Subject:
Economics and Finance, Econometrics

This book argues that in assessing the effects of the minimum wage (in the United States and elsewhere), a behavioral framework is invaluable for guiding empirical work and the interpretation of ... More

Minimum Wages

Minimum Wages

David Neumark and William L. Wascher

Published in print:
2008
Published Online:
September 2013
ISBN:
9780262141024
eISBN:
9780262280563
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262141024.001.0001
Subject:
Economics and Finance, Econometrics

Minimum wages exist in more than one hundred countries, both industrialized and developing. The United States passed a federal minimum wage law in 1938 and has increased the minimum wage and its ... More

The Mobility of Students and the Highly SkilledImplications for Education Financing and Economic Policy

The Mobility of Students and the Highly Skilled: Implications for Education Financing and Economic Policy

Marcel Gérard and Silke Uebelmesser (eds)

Published in print:
2015
Published Online:
May 2015
ISBN:
9780262028172
eISBN:
9780262326018
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028172.001.0001
Subject:
Economics and Finance, International

Mobility of students in developed countries has dramatically increased over the last fifty years. Students do not necessarily remain in their countries of origin for higher education and work; they ... More

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