The Equity Premium Puzzle, Intrinsic Growth & Monetary Policy An Unexpected Solution Theory & Strategy for the Coming Jobless Age

Author: Robert Shuler



Category: Business & Economics

Page: 272

View: 363

This book suggests we should adjust money supply to account for productivity if deflation is to be avoided. The central banker is not profit oriented and can create money at will, not be subject to rational investor constraints. Businesses leverage low interest rates enforced by the central bank to grow and increase employment, compensating for the reduced labor necessary for the former level of goods and services. This leveraged difference in returns is the equity premium. Even a one time productivity increase requires a corresponding permanent increase not in the money supply itself, but in the "rate of increase" of the money supply. Given the steady growth in productivity of the last 100 years, the world economy is now grossly under-stimulated and in danger of precipitous deflation. Both academic models and arguments based on historical events are presented, along with analysis of the meaning of money, investor behavior, and practical techniques for obtaining the equity premium in one's portfolio.

The Nafta Puzzle

Political Parties And Trade In North America

Author: Charles Doran

Publisher: Routledge


Category: Political Science

Page: 264

View: 696

The NAFTA Puzzle: Political Parties and Trade in North America explores the political background of trade liberalization culminating in the signing of the historic North American agreement more than a decade after the North America Accord idea had been outright rejected. Experts from Canada, the U.S., and Mexico examine how each political party grappled with trade as the constituent base, interest group pressures, and ideologies shifted over broad time periods. The book treats each of Canada's long-standing national parties, the Republican and Democratic parties in the U.S., and Mexico's PRI historically, concluding that North America's principal parties have flip-flopped on the trade liberalization issue. The NAFTA Puzzle details the congressional vote in the U.S. and brings us all the way up to the Zapatista uprising in Mexico, ending with a discussion of the significance of NAFTA for overall trade liberalization and the future of trade and commercial relations on the continent.

Puzzles of the Democratic Peace

Theory, Geopolitics and the Transformation of World Politics

Author: K. Rasler

Publisher: Springer


Category: Political Science

Page: 271

View: 252

Ever since the revival of Kant's Perpetual Peace thesis, the linkages between democracy and peace has been a central topic in international relations research, with sustained debate over whether it exists and if it does, why it does. In this stimulating volume, two leading IR scholars place the democratic peace debate within a broader context, including the extent of threats in international relations, degree of satisfaction with the status quo, the diffusion of democracy, and the rise of the trading state. Step by step, Thompson and Rasler examine the democratic peace through a series of puzzles concerning arguments at the dyadic, systemic, and individual state levels. Synthesizing a broad range of knowledge and linking islands of theory, Puzzles of the Democratic Peace provides a distinctive look at the state of the field and paths forward.

The Handbook of Global Trade Policy

Author: Andreas Klasen

Publisher: John Wiley & Sons


Category: Political Science

Page: 624

View: 301

Provides a state-of-the-art overview of international trade policy research The Handbook of Global Trade Policy offers readers a comprehensive resource for the study of international trade policy, governance, and financing. This timely and authoritative work presents contributions from a team of prominent experts that assess the policy implications of recent academic research on the subject. Discussions of contemporary research in fields such as economics, international business, international relations, law, and global politics help readers develop an expansive, interdisciplinary knowledge of 21st century foreign trade. Accessible for students, yet relevant for practitioners and researchers, this book expertly guides readers through essential literature in the field while highlighting new connections between social science research and global policy-making. Authoritative chapters address new realities of the global trade environment, global governance and international institutions, multilateral trade agreements, regional trade in developing countries, value chains in the Pacific Rim, and more. Designed to provide a well-rounded survey of the subject, this book covers financing trade such as export credit arrangements in developing economies, export insurance markets, climate finance, and recent initiatives of the World Trade Organization (WTO). This state-of-the-art overview: Integrates new data and up-to-date research in the field Offers an interdisciplinary approach to examining global trade policy Introduces fundamental concepts of global trade in an understandable style Combines contemporary economic, legal, financial, and policy topics Presents a wide range of perspectives on current issues surrounding trade practices and policies The Handbook of Global Trade Policy is a valuable resource for students, professionals, academics, researchers, and policy-makers in all areas of international trade, economics, business, and finance.

Stock Market Word Search - 80 Large Print Puzzles

Stock Market Trading Puzzle Book for Adults. 8.5 X 11, Size 16 Font . Fun Gift for Stock Market Traders and Investors.

Author: Puzzle Pup Publishing




Page: 103

View: 308

Do you know someone who is stock trading for a living? Here's a fun gift for stock market lovers and day traders.Features: 80 large print stock market themed puzzles Over 1600 hidden stock names and market lingo Stock trading quotes Solutions at the back So, have fun as you search for world stock exchanges, market sector stocks, technical analysis terms and more! Grab a copy of this stock market puzzle book for yourself and all your trading friends, today.

Terms of Trade

Glossary of International Economics

Author: Alan V Deardorff

Publisher: World Scientific


Category: Business & Economics

Page: 616

View: 653

Have you ever wondered what a term in international economics means? This useful reference book offers a glossary of terms in both international trade and international finance, with emphasis on economic issues. It is intended for students getting their first exposure to international economics, although advanced students will also find it useful for some of the more obscure terms that they have forgotten or never encountered. Besides an extensive glossary of terms that has been expanded about 50% from the first edition, there is a picture gallery of diagrams used to explain key concepts such as the Edgeworth Production Box and the Offer Curve Diagram in international economics. This section is followed by over 30 lists of terms that occur a lot in international economics, grouped by subject to help users find terms that they cannot recall. Prior to an enlarged bibliography is an expanded section on the origins of terms in international economics, which records what the author has been able to learn about the origins of some of the terms used in international economics. This is a must-have portable glossary in international trade and international economics! Contents:Glossary of Terms in International Economics: A-Z0–9Picture Gallery:Edgeworth Production BoxIntegrated World Economy DiagramIS-LM-BP DiagramLerner DiagramOffer Curve DiagramSpecific-Factors ModelTariff in Partial EquilibriumTrade and Transformation Curve DiagramLists of Terms in International Economics by Subject:Arguments for ProtectionCentral BanksCountertradeCountry GroupsCrisesDevelopment BanksEffectsEmpirical FindingsExchange RegimesFragmentation: Terms and TypesGATT and WTO MinisterialsGATT ArticlesIndexesInternational Classification SystemsInternational Commodity Agreements and OrganizationsMembershipsModelsNontariff BarriersOther Nontariff MeasuresParadoxes and PuzzlesPreferential Trading ArrangementsProduct-Specific Agreements, Institutions, and ConflictsRegional Commissions for Economic and Social DevelopmentSpanish Acronyms in International EconomicsTechniques of AnalysisTerms of Trade DefinitionsTheoretical PropositionsTrade DisputesTrade MinistriesTrade RoundsUNCTAD MeetingsUnited Nations OrganizationsUnited States Government Units (Dealing with International Economic Matters)Origins of Certain Key Terms in International Economics Readership: Undergraduates and graduate students in international economics; government and industry personnel related to international economics and finance. Keywords:International Trade;International Finance;International Economics;Trade Theory;Trade PolicyKey Features:A portable reference of concise definitions of key terms in international trade, economics and financeCross reference to terms used in the definitions

Mathematical Puzzles

Author: Sam Loyd

Publisher: Courier Corporation


Category: Games & Activities

Page: 194

View: 291

Choice puzzles by one of America's most ingenious creators of mathematical entertainments, ranging from simple exercises in arithmetic to complex calculus problems


Author: R.A. Jarrow

Publisher: Elsevier


Category: Business & Economics

Page: 1165

View: 220

Hardbound. The Handbook of Finance is a primary reference work for financial economics and financial modeling students, faculty and practitioners. The expository treatments are suitable for masters and PhD students, with discussions leading from first principles to current research, with reference to important research works in the area. The Handbook is intended to be a synopsis of the current state of various aspects of the theory of financial economics and its application to important financial problems. The coverage consists of thirty-three chapters written by leading experts in the field. The contributions are in two broad categories: capital markets and corporate finance.