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Parametric Uncertainty and Fat Tails

Christian Gollier

in Pricing the Planet's Future: The Economics of Discounting in an Uncertain World

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691148762
eISBN:
9781400845408
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691148762.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter shows how the probability distribution for economic growth is subject to some parametric uncertainty. There is a limited data set for the dynamics of economic growth, and the absence of ... More


Towards a Better Global Economy Project:: Overview and Policy Options

Jere R. Behrman and Shahrokh Fardoust

in Towards a Better Global Economy: Policy Implications for Citizens Worldwide in the 21st Century

Published in print:
2014
Published Online:
November 2014
ISBN:
9780198723455
eISBN:
9780191790065
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198723455.003.0001
Subject:
Economics and Finance, International, Development, Growth, and Environmental

The slowdown in global economic growth and significant increases in income inequality within many developed and developing countries raise serious concerns about the continuation of these trends in ... More


Growth: A Historical Accident?

Christian de Perthuis and Pierre-André Jouvet

in Green Capital: A New Perspective on Growth

Published in print:
2015
Published Online:
May 2016
ISBN:
9780231171403
eISBN:
9780231540360
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231171403.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental

The first chapter seeks to refine the diagnosis of complex relationships linking natural capital to economic growth. The pace of global growth has scarcely diminished since the end of the post-war ... More


Journeys: Resilience and Growth for Survivors of Intimate Partner Abuse

Susan L. Miller

Published in print:
2018
Published Online:
January 2019
ISBN:
9780520286085
eISBN:
9780520961463
Item type:
book
Publisher:
University of California Press
DOI:
10.1525/california/9780520286085.001.0001
Subject:
Sociology, Law, Crime and Deviance

This book focuses on the understudied topic of long-term (over five years) survivors of intimate partner violence and abuse (IPV/A) and the resiliency they experience as they negotiate life after ... More


Accounting for the Rise and Fall of Brazil’s Growth After World War II

Edmar Bacha and Regis Bonelli

in Macroeconomics and Development: Roberto Frenkel and the Economics of Latin America

Published in print:
2016
Published Online:
September 2016
ISBN:
9780231175081
eISBN:
9780231541213
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231175081.003.0009
Subject:
Economics and Finance, Macro- and Monetary Economics

the long-term evolution of the Brazilian economy is examined in this chapter. The authors use models that emphasize the determinants of aggregate supply to help decipher the puzzle of Brazil’s growth ... More


Reducing Debt Short of Default

Tom Best, Oliver Bush, Luc Eyraud, and M. Belen Sbrancia

in Sovereign Debt: A Guide for Economists and Practitioners

Published in print:
2019
Published Online:
December 2019
ISBN:
9780198850823
eISBN:
9780191885693
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198850823.003.0007
Subject:
Economics and Finance, Macro- and Monetary Economics, Financial Economics

If debt is too high, what policies are available to governments to reduce these debt obligations? This chapter goes through all options, short of default. It begins by introducing the standard debt ... More


Re-Imagining Capitalism

Dominic Barton, Dezsö Horváth, and Matthias Kipping (eds)

Published in print:
2016
Published Online:
October 2016
ISBN:
9780198785453
eISBN:
9780191827372
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198785453.001.0001
Subject:
Business and Management, International Business

Capitalism has been an unprecedented engine of wealth creation for many centuries, leading to sustained productivity gains and long-term growth and lifting an increasing proportion of humanity out of ... More


1991–2000: The End of an Era

James Nye

in A Long Time in Making: The History of Smiths

Published in print:
2014
Published Online:
October 2014
ISBN:
9780198717256
eISBN:
9780191785986
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198717256.003.0009
Subject:
Business and Management, Business History, Knowledge Management

Anticipating an aerospace decline and deploying resources into growing the medical business profitably, Smiths successfully navigates the early 1990s recession. Overall the 1990s represent a ‘purple ... More


The Conceptual Framework: Growth, Institutions, and Social Orders

Andrea Lorenzo Capussela

in The Political Economy of Italy's Decline

Published in print:
2018
Published Online:
May 2018
ISBN:
9780198796992
eISBN:
9780191838620
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198796992.003.0002
Subject:
Economics and Finance, Economic Systems, Public and Welfare

This chapter lays out one part of the theoretical framework of the book, drawn from institutional economics. This literature maintains that institutions are the main determinant of long-term growth, ... More


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