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Books > Business & Economics > Economics > Microeconomics > General

An Inquiry into the Nature and Causes of the Wealth of Nations (Annotated) (Paperback): Adam Smith An Inquiry into the Nature and Causes of the Wealth of Nations (Annotated) (Paperback)
Adam Smith
R435 Discovery Miles 4 350 16 working days
Financial Econometrics - Models and Methods (Hardcover): Oliver Linton Financial Econometrics - Models and Methods (Hardcover)
Oliver Linton
R3,787 Discovery Miles 37 870 16 working days

This is a thorough exploration of the models and methods of financial econometrics by one of the world's leading financial econometricians and is for students in economics, finance, statistics, mathematics, and engineering who are interested in financial applications. Based on courses taught around the world, the up-to-date content covers developments in econometrics and finance over the last twenty years while ensuring a solid grounding in the fundamental principles of the field. Care has been taken to link theory and application to provide real-world context for students. Worked exercises and empirical examples have also been included to make sure complicated concepts are solidly explained and understood.

Microeconomic Theory (Hardcover, New): Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green Microeconomic Theory (Hardcover, New)
Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green
R4,467 Discovery Miles 44 670 16 working days

Many instructors of microeconomic theory have been waiting for a text that provides balanced and in-depth analysis of the essentials of microeconomics. Masterfully combining the results of years of teaching microeconomics at Harvard, Andreu Mas-Colell, Michael Whinston, and Jerry Green have filled that conspicuous vacancy with their groundbreaking text, Microeconomic Theory. The authors set out to create a solid organizational foundation upon which to build the effective teaching tool for microeconomic theory--the result presents unprecedented depth of coverage in all the essential topics, while allowing lecturers to "tailor-make" their course to suit personal priorities and style. Topics such as noncooperative game theory, information economics, mechanism design, and general equilibrium under uncertainty receive the attention that reflects their stature within the discipline. The authors devote an entire section to game theory alone, making it "free-standing" to allow instructors to return to it throughout the course when convenient. Discussion is clear, accessible, and engaging, enabling the student to gradually acquire confidence as well as proficiency. Extensive exercises within each chapter help students to hone their skills, while the text's appendix of terms, fully cross-referenced throughout the previous five sections, offers an accessible guide to the subject matter's terminology. Teachers of microeconomics need no longer rely upon scattered lecture notes to supplement their textbooks. Deftly written by three of the field's most influential scholars, Microeconomic Theory brings the readability, comprehensiveness, and versatility to the first-year graduate course that has long been missing.

Moving Beyond Storytelling - Emerging Research in Microfinance (Hardcover, New): Todd A. Watkins, Karen Hicks Moving Beyond Storytelling - Emerging Research in Microfinance (Hardcover, New)
Todd A. Watkins, Karen Hicks
R2,131 R2,010 Discovery Miles 20 100 Save R121 (6%) Shipped within 20 - 25 working days

Despite the promise for international development, despite the proven track record of exceptional loan repayment rates, and despite the development of competitive markets in countries like Bolivia, Peru and Bangladesh or the global expansion of microfinance access to tens of millions of new clients, little research has explored the impact this expansion has had on global poverty and economic and social development in general. To address this gap, this volume brings together leaders in the microfinance industry and researchers representing a range of academic disciplines. Our goal is to outline a multidisciplinary research agenda for the field. The topics addressed in this volume and the questions posed can serve to guide social scientists, technology experts, development specialists, investors, microfinance practitioners, policymakers and students.

Markets and the State - Microeconomic Policy in Australia (Paperback): Malcolm Abbott Markets and the State - Microeconomic Policy in Australia (Paperback)
Malcolm Abbott
R824 Discovery Miles 8 240 Shipped within 20 - 25 working days

This book illustrates essential microeconomic concepts and theories through the examination of related policy formulation in Australia since the 1980s. It provides a fresh approach to the subject of microeconomics from the perspective of both market and government failures. By looking at how Australia has transformed over the course of time, the book traces and tracks these changes and relates them to the broader microeconomic reforms. It also looks at the structure of Australian economic public policy formulation and process. The book uses standard microeconomic techniques to analyse the impact of these Australian policies and examines the role of government in the implementation of these policies, making it a very useful teaching vehicle for learning about microeconomics and microeconomic policies.

Microeconomics, Global Edition (Paperback, 2nd edition): Daron Acemoglu, David Laibson, John List Microeconomics, Global Edition (Paperback, 2nd edition)
Daron Acemoglu, David Laibson, John List
R1,645 Discovery Miles 16 450 16 working days

For courses in Principles of Microeconomics. An evidence-based approach to economics Throughout Microeconomics, 2nd Edition, authors Daron Acemoglu, David Laibson, and John List use real economic questions and data to help students learn about the world around them. Taking a fresh approach, they use the themes of optimization, equilibrium, and empiricism to not only illustrate the power of simple economic ideas, but also to explain and predict what's happening in today's society. Each chapter begins with an empirical question that is relevant to the life of a student, and is later answered using data in the Evidence-Based Economics feature. As a result of the text's practical emphasis, students will learn to apply economic principles to guide the decisions they make in their own lives. MyLabTM Economics not included. Students, if MyLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab should only be purchased when required by an instructor. Instructors, contact your Pearson rep for more information. MyLab is an online homework, tutorial, and assessment product designed to personalize learning and improve results. With a wide range of interactive, engaging, and assignable activities, students are encouraged to actively learn and retain tough course concepts.

Essays on Contract Design and Incentive Provision (Paperback, 1st ed. 2011, reprint 2019): Eva I. Hoppe-Fischer Essays on Contract Design and Incentive Provision (Paperback, 1st ed. 2011, reprint 2019)
Eva I. Hoppe-Fischer
R944 R764 Discovery Miles 7 640 Save R180 (19%) Shipped within 20 - 25 working days

Contract theory, which emphasizes the importance of unverifiable actions and private information, has been a highly active field of research in microeconomics in the last decades. This thesis is divided into two parts. Part I consists of three chapters that study contract-theoretic models which are motivated by the classic procurement problem of a principal who wants an agent to deliver a certain good or service. In such models it is typically assumed that decision makers are interested in their own monetary payoffs only. Moreover, they have unlimited cognitive abilities and behave in a perfectly rational way. Yet, in practice people often do not behave this way. While empirical research is very difficult in contract theory, laboratory experiments have recently turned out to be an important source of data. In Part II, three experimental studies are presented that investigate contract-theoretic problems brought up in Part I.

Contemporary Issues in Law and Economics (Paperback): Thomas J Miceli Contemporary Issues in Law and Economics (Paperback)
Thomas J Miceli
R741 Discovery Miles 7 410 16 working days

Law and economics is the field of study devoted to understanding laws and legal institutions using the tools of economic theory. This growing subject has become a mainstream area of study in both law schools and economics departments and this book explores the "law and economics" approach to some of the most interesting questions, issues, and topics in law, order, and justice. Contemporary Issues in Law and Economics considers what economists call the "positive" analysis of the law - that is, using economic theory to explain the nature of the law as it actually exists. As part of this approach the author examines questions such as, what is the economic basis for the predominance of negligence rules in tort law? And, what is the explanation for the illegality of blackmail? Furthermore, another set of questions arises where the law seems to depart from the prescriptions of economic theory, and these issues are also examined in this volume. For example, the deeply rooted norm of proportionality between punishments and crimes, and the use of escalating penalties for repeat offenders, are both explored. With self-contained chapters written in a non-technical style, this book offers a rigorous discussion of the above themes while remaining accessible to those without formal legal or economic training. It offers the ideal introduction to the field of law and economics while also providing a basis for students in more advanced courses.

Institutional Microeconomics of Development (Hardcover): Timothy Besley, Rajshri Jayaraman Institutional Microeconomics of Development (Hardcover)
Timothy Besley, Rajshri Jayaraman
R698 R328 Discovery Miles 3 280 Save R370 (53%) Shipped within 20 - 25 working days

Leading scholars examine political, legal, social, and market institutions through a microeconomic lens. The narrative of development economics is now infused with discussions of institutions. Economists debate whether institutions-or other factors altogether (geography, culture, or religion)-are central to development. In this volume, leading scholars in development economics view institutions from a microeconomic perspective, offering both theoretical overviews and empirical analyses spanning three continents. After substantial introductory chapters by Pranab Bardhan and Marcel Fafchamps, two scholars who have published important work on this topic, each of the remaining chapters examines a particular set of institutions in a unique setting. These chapters treat the effects of Angola's violent conflict on that country's development; institutional accountability in Uganda; the effect of Indonesia's ethnic diversity on the distribution of public goods; the impact of trade liberalization on India's investment climate; extended family networks in Mexico; and a microeconomic perspective on land rights in Ethiopia. The chapters demonstrate the remarkable heterogeneity of institutions-policy change is mediated through local market institutions, government institutions, and families-as well as the empirical and methodological ingenuity of current research into this crucial topic. Contributors Manuela Angelucci, Oriana Bandiera, Pranab Bardhan, Timothy Besley, Martina Bjoerkman, Robin Burgess, Giacomo De Giorgi, Stefan Dercon, Marcel Fafchamps, Rajshri Jayaraman, Pramila Krishnan, Eliana La Ferrara, Gilat Levy, Marcos A. Rangel, Imram Rasul, Ritva Reinikka, Jakob Svensson

Information Economics (Paperback, New): Urs Birchler, Monika Butler Information Economics (Paperback, New)
Urs Birchler, Monika Butler
R1,494 Discovery Miles 14 940 Shipped within 20 - 25 working days


This new text book by Urs Birchler and Monika Butler is an introduction to the study of how information affects economic relations. The authors provide a narrative treatment of the more formal concepts of Information Economics, using easy to understand and lively illustrations from film and literature and nutshell examples.
The book first covers the economics of information in a 'man versus nature' context, explaining basic concepts like rational updating or the value of information. Then in a 'man versus man' setting, Birchler and Butler describe strategic issues in the use of information: the make-buy-or-copy decision, the working and failure of markets and the important role of outguessing each other in a macroeconomic context. It closes with a 'man versus himself' perspective, focusing on information management within the individual.

This book also comes with a supporting website (www.alicebob.info), maintained by the authors.

The Macrodynamics of Business Cycles - A Comparative Evaluation (Paperback): Mohammed Dore The Macrodynamics of Business Cycles - A Comparative Evaluation (Paperback)
Mohammed Dore
R1,145 R1,042 Discovery Miles 10 420 Save R103 (9%) Shipped within 20 - 25 working days

This book is a comparative evaluation of the main theories of business cycles. The book begins with a brief statistical description of US business cycles and proposes criteria, in Part One, for the evaluation of the theories based on the observed empirical regularities. Part Two is a full exposition of the new Classical theories of business cycles, the Lucas monetary misperceptions approach, as well as the so-called "real" business cycle approach based on outside shocks to the economy. This is followed by a detailed treatment of the "new" Keynesian business theory based on price rigidities and market imperfections. Part Three begins with an introductory chapter on concepts of nonlinear dynamics used in the rest of the book. This is followed by theories that explain the business cycle as a feature inherent to free enterprise economies. Three models are considered: the Kaldor model, the non-Walrasian Benassy model and the Goodwin model of integrated growth and cycle. The criteria developed earlier are used to assess the explanatory power of each theory. However each model is explained before it is formulated rigorously. The treatment is fully self-contained, with all intermediate steps in the argument, so that the book is made accessible to undergraduates. It should be of interest to graduate students and advanced undergraduate students in economics.

Microeconometrics and MATLAB: An Introduction (Hardcover): Abi Adams, Damian Clarke, Simon Quinn Microeconometrics and MATLAB: An Introduction (Hardcover)
Abi Adams, Damian Clarke, Simon Quinn
R2,376 Discovery Miles 23 760 Shipped within 20 - 25 working days

This book is a practical guide for theory-based empirical analysis in economics that guides the reader through the first steps when moving between economic theory and applied research. The book provides a hands-on introduction to some of the techniques that economists use for econometric estimation and shows how to convert a selection of standard and advanced estimators into MATLAB code. The book first provides a brief introduction to MATLAB and its syntax, before moving into microeconometric applications studied in undergraduate and graduate econometrics courses. Along with standard estimation methods such as, for example, Method of Moments, Maximum Likelihood, and constrained optimisation, the book also includes a series of chapters examining more advanced research methods. These include discrete choice, discrete games, dynamic models on a finite and infinite horizon, and semi- and nonparametric methods. In closing, it discusses more advanced features that can be used to optimise use of MATLAB, including parallel computing. Each chapter is structured around a number of worked examples, designed for the reader to tackle as they move through the book. Each chapter ends with a series of readings, questions, and extensions, designed to help the reader on their way to adapting the examples in the book to fit their own research questions.

Microeconometrics and MATLAB: An Introduction (Paperback): Abi Adams, Damian Clarke, Simon Quinn Microeconometrics and MATLAB: An Introduction (Paperback)
Abi Adams, Damian Clarke, Simon Quinn
R1,070 R1,011 Discovery Miles 10 110 Save R59 (6%) Shipped within 20 - 25 working days

This book is a practical guide for theory-based empirical analysis in economics that guides the reader through the first steps when moving between economic theory and applied research. The book provides a hands-on introduction to some of the techniques that economists use for econometric estimation and shows how to convert a selection of standard and advanced estimators into MATLAB code. The book first provides a brief introduction to MATLAB and its syntax, before moving into microeconometric applications studied in undergraduate and graduate econometrics courses. Along with standard estimation methods such as, for example, Method of Moments, Maximum Likelihood, and constrained optimisation, the book also includes a series of chapters examining more advanced research methods. These include discrete choice, discrete games, dynamic models on a finite and infinite horizon, and semi- and nonparametric methods. In closing, it discusses more advanced features that can be used to optimise use of MATLAB, including parallel computing. Each chapter is structured around a number of worked examples, designed for the reader to tackle as they move through the book. Each chapter ends with a series of readings, questions, and extensions, designed to help the reader on their way to adapting the examples in the book to fit their own research questions.

Microeconomics (Paperback, 2nd edition): Dean Karlan, Jonathan Morduch Microeconomics (Paperback, 2nd edition)
Dean Karlan, Jonathan Morduch
R4,771 Discovery Miles 47 710 Shipped within 20 - 25 working days

Built to focus on what matters to students in today's high-tech, globalized world, Dean Karlan and Jonathan Morduch's Microeconomics represents a new generation of products, optimized for digital delivery and available with best-in-class adaptive study resources in McGraw-Hill Connect. The second edition delivers core economic concepts along with exciting new ideas in economic thought and strives to keep students engaged by confronting issues that are important in the world.This text combines a familiar curriculum with material from new research and applied areas such as finance, behavioral economics, and the political economy. Students and faculty will find content that breaks down barriers between what takes place in the classroom and what happens in our nation and broader world, with applications that are driven by empirical evidence, data, and research. Karlan and Morduch show students that economics is a tool to better one's own life and promote better public and business policies in the world. At the same time, this second edition challenges students to reach their own conclusions about what "better" really means.

New Pathways Out of Poverty (Paperback): Sam Daley-Harris New Pathways Out of Poverty (Paperback)
Sam Daley-Harris
R759 Discovery Miles 7 590 Shipped within 20 - 25 working days

The current moment faced by the microfinance field reflects the opening lines from Charles Dickens "A Tale of Two Cities" It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness.... Never before has there been such inspiring innovation in microfinance nor such cause for concern. "New Pathways out of Poverty" provides a substantive discussion of the state of the field and a compelling vision for its future.Third in a book series spanning a decade that has documented the microfinance industry s highs and lows, "New Pathways Out of Poverty" explores the current state of the microfinance industry and highlights some of the field s major challenges and achievements. Contributors examine innovations in microfinance and capture the knowledge gained in key areas of practice. The authors also show how leading institutions are taking steps to ensure that microfinance becomes a central platform for putting poverty in the museums where it belongs.

What Drives China's Economy - Economic, Socio-Political, Historical and Cultural Factors (Hardcover): Qing-Ping Ma What Drives China's Economy - Economic, Socio-Political, Historical and Cultural Factors (Hardcover)
Qing-Ping Ma
R1,079 Discovery Miles 10 790 Shipped within 20 - 25 working days

The spectacular economic growth experienced by China since 1978 has often been hailed as the "China Miracle". Many economists have tried to understand the forces behind China's phenomenal growth and the explanations can be divided into two broad schools of economic thought - one school of thought which includes Nobel Laureate Paul Krugman explains that market mechanism and deregulation led to China's success, while the other school of thought which include Justin Yifu Lin, the former Chief Economist and Senior Vice-President of the World Bank, explains that China's growth miracle is a unique model to itself defined by the Chinese government's prominent role. The Chinese government has been responsible in identifying and investing in industries that have contributed to economic growth. Some economists in the latter school even claim that the China Miracle cannot be explained by mainstream economics. This book examines both schools of thought and attempts to provide a synthesis of the two schools to explain the China Miracle. It looks at the Solow-Swan growth model, the Harrod-Domar model and transaction cost theory. It provides insights into whether and how China can sustain its growth and how developing countries may replicate China's success.

The Microfinance Revolution v. 2; Lessons from Indonesia (Paperback): The Microfinance Revolution v. 2; Lessons from Indonesia (Paperback)
R769 Discovery Miles 7 690 Shipped within 20 - 25 working days

The revolution occurring in finance for low-income people refers to commercial microfinance--the delivery of financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. 'Lessons from Indonesia', volume 2 of 'The Microfinance Revolution', examines in the Indonesian context the principles and practices of commercial microfinance that were explored and analyzed in volume 1. The first country to develop profitable microfinance on a large scale, Indonesia is home to the world's oldest and largest commercial microfinance institutions, as well as many others. The book examines many financial institutions, with a special emphasis on Bank Rakyat Indonesia's microbanking system, which in the mid-1980s was transformed from a failed subsidized credit program to a nationwide commercial financial intermediary that now profitably provides microfinance services--savings and credit--to more than 20 million people. Commercial microbanking remained stable and profitable in Indonesia even as the country's financial system collapsed during the recent crisis. This volume shows why, and offers crucial lessons for developing countries everywhere.

Firm Commitment - Why the corporation is failing us and how to restore trust in it (Hardcover): Colin Mayer Firm Commitment - Why the corporation is failing us and how to restore trust in it (Hardcover)
Colin Mayer
R422 R328 Discovery Miles 3 280 Save R94 (22%) Shipped within 20 - 25 working days

The corporation is one of the most important and remarkable institutions in the world. It affects all our lives continuously. It feeds, entertains, houses and, employs us. It generates vast amounts of revenue for those who own it and it invests a substantial proportion of the wealth that we possess. But the corporation is also the cause of immense problems and suffering, a source of poverty and pollution, and its failures are increasing. How is the corporation failing us? Why is it happening? What should we do to restore trust in it? While governments are subject to repeated questioning and scrutiny, the corporation receives relatively little attention. Firm Commitment provides a lucid and insightful account of the role of the corporation in modern society and explains why its problems are growing. It gives a fresh perspective on the crises in financial markets, developing countries, and the environment. Based on decades of analysis and research, it describes a new approach to thinking about the firm which not only stops it destroying us but turns it into the means of protecting our environment, addressing social problems, and creating new sources of entrepreneurship and innovation. It sets out an agenda for converting the corporation into a twenty-first century organization that we will value and trust. It takes you on a journey that starts in the Galapagos, ends in Ancient Egypt, and in the process brings you to a new level of appreciation of the economic world we inhabit.

The Evolution of Tiger Management - Korean Companies in Global Competition (Paperback, 2nd New edition): Martin Hemmert The Evolution of Tiger Management - Korean Companies in Global Competition (Paperback, 2nd New edition)
Martin Hemmert
R792 Discovery Miles 7 920 16 working days

Throughout the last several decades, Korean companies have become strong global competitors in a wide range of manufacturing industries. How did they achieve this exceptional performance? The Evolution of Tiger Management uncovers the secret of their success through a comprehensive analysis of Korean-style management. It explains how it has developed, why it works so well, what non-Koreans can learn from it, and what Korean companies need to do to stay competitive in the future. This book is an extended and significantly updated new edition of Tiger Management: Korean companies on world markets (Routledge, 2012). It tells the remarkable stories of how Korean firms, seemingly coming from nowhere, have successfully challenged their Western and Japanese competitors globally. A new chapter highlights the rise of Korean venture firms and start-ups. Next, the essence of Tiger Management is analyzed by showing that it consists of an effective combination of business strategy, leadership, and human resource management practices. Finally, the evolution and future of Tiger Management is discussed by showing how Korean companies have adapted to changes at home and abroad, and how non-Korean companies can adopt Tiger Management. A new final chapter discusses the way forward for Korean companies.

The Amazing Put - The Overlooked Option and Low-Risk Strategies (Paperback, 2nd Edition): Michael C. Thomsett The Amazing Put - The Overlooked Option and Low-Risk Strategies (Paperback, 2nd Edition)
Michael C. Thomsett
R656 R602 Discovery Miles 6 020 Save R54 (8%) Shipped within 20 - 25 working days

With so much emphasis on calls (especially covered calls) many traders overlook the tremendous hedging and profit potential of the put. The Amazing Put demonstrates the many strategies based on the put option, including the risk hedge, a long put (often a long-term, or LEAPS put) that freezes market risk at the put's strike (minus its premium); and the short uncovered put, which has market risk identical to the covered call. The author methodically lays out the case for using puts wisely, both as a cash generator with low risk, and as a risk hedge to reduce or eliminate market risk in equity positions. Every options trader will benefit from exploring these strategies, and novices will gain a starting point in developing a program to enhance their stock portfolio. Michael C. Thomsett is a market expert, author, speaker, and coach. His many books include Stock Market Math, Candlestick Charting, and Options, Tenth Edition.

Going Public: My Adventures Inside the SEC  and How to Prevent the Next Devastating Crisis (Hardcover, Ed): Norm Champ Going Public: My Adventures Inside the SEC and How to Prevent the Next Devastating Crisis (Hardcover, Ed)
Norm Champ
R535 R390 Discovery Miles 3 900 Save R145 (27%) Shipped within 20 - 25 working days

An insider's look at the SEC and the changes needed to strengthen America's financial system In the wake of the 2008 financial crisis, the U.S. stock market went through seismic ruptures that destroyed businesses and damaged millions of lives. Daily revelations about an overly leveraged investment sector and endless scandal only underlined the vulnerability of the U.S. financial system. Facing its own ineptitude, the Securities and Exchange Commission (SEC) had to shape up, but how would that be possible in a dysfunctional agency riddled with bureaucratic bungling, soul-killing work rules, and civil service privileges that defied common sense? In Going Public, Norm Champ details his time spent as the Director of the Division of Investment Management at the SEC. He offers a rare examination inside a major federal agency during a crisis, and his insights and accounts illuminate conditions in our economy today. His narrative is supported by: * Explanations on the inner workings of hedge funds, economic policy and politics, investing, and inefficient federal agencies * Recommendations for policy changes to create healthy, corruption-free markets and help prepare Americans for future crises * First-hand account of how players such as Ben Bernanke and Elizabeth Warren battled to shape Wall Street and financial reform * Exploration of a string of narrowly averted financial disasters that were hidden from the world-including one that has never been made public Though there are signals that we are recreating prime conditions for another crisis, Champ shows how policymakers can avoid triggering these events, strengthen America's financial system, and through commonsense regulation and increased financial literacy, make the U.S. the world's most vibrant market.

Intermediate Microeconomics (Hardcover): John H. Hoag Intermediate Microeconomics (Hardcover)
John H. Hoag
R2,044 R1,593 Discovery Miles 15 930 Save R451 (22%) Shipped within 13 - 17 working days

This book provides a rigorous course to the theory of intermediate microeconomics. It includes not only the basic traditional theory, but also a "From the Literature" box in each chapter directing students to applications of the theory. The theory is developed axiomatically, with optional sections using one-variable calculus included for interested readers. A substantial number of homework problems are also interspersed throughout the text. Covering the essential topics of microeconomics, this book is highly suitable for a one-term class in microeconomics at the intermediate level.

Universal Basic Income (Paperback): Brian McDonough, Jessie Bustillos Morales Universal Basic Income (Paperback)
Brian McDonough, Jessie Bustillos Morales
R733 Discovery Miles 7 330 Shipped within 20 - 25 working days

Universal basic income is a controversial policy which is causing a stir amongst academics, politicians, journalists and policy-makers all over the world. The idea of receiving 'money for nothing', with no strings attached, has for a long time appeared a crazy or radical proposal. But today, this policy is being put into practice. With more and more trials and experiments taking place in different countries, this book provides both the theory and context for making sense of different basic income approaches, examining how the policy can be best implemented. Unlike many other texts written on this topic, the book provides a balanced account of basic income, weighing up the pros and cons from a number of different positions. The book provides a theory chapter, enabling readers to grasp some of the complex philosophical ideas and concepts which underpin universal basic income, such as social justice, equality and freedom. It also provides an examples chapter, which examines both historical and contemporary basic income studies to have taken place from around the globe. The book also features chapters on the environment and the work of women, as well as an 'against' universal basic income chapter, which specifically draws on the criticisms of the policy. This volume is an essential resource for anyone who wishes to get to grips with universal basic income.

Continuous-Time Finance (Paperback, New Ed): Robert C. Merton Continuous-Time Finance (Paperback, New Ed)
Robert C. Merton
R1,383 R1,256 Discovery Miles 12 560 Save R127 (9%) Shipped within 20 - 25 working days

Robert C. Merton's widely-used text provides an overview and synthesis of finance theory from the perspective of continuous-time analysis. It covers individual financial choice, corporate finance, financial intermediation, capital markets, and selected topics on the interface between private and public finance. For this revised edition a new section on managing university endowments has been added.

The book begins with a foreword by Paul Samuelson.

High-Skilled Migration to the United States and Its Economic Consequences (Hardcover): Gordon H. Hanson, William Revill Kerr,... High-Skilled Migration to the United States and Its Economic Consequences (Hardcover)
Gordon H. Hanson, William Revill Kerr, Sarah Turner
R2,326 Discovery Miles 23 260 16 working days

Immigration policy is one of the most contentious public policy issues in the United States today. High-skilled immigrants represent an increasing share of the U.S. workforce, particularly in science and engineering fields. These immigrants affect economic growth, patterns of trade, education choices, and the earnings of workers with different types of skills. The chapters in this volume go beyond the traditional question of how the inflow of foreign workers affects native employment and earnings to explore effects on innovation and productivity, wage inequality across skill groups, the behavior of multinational firms, firm-level dynamics of entry and exit, and the nature of comparative advantage across countries.

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