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It's Not Over: Structural Drivers of the Global Economic Crisis

Rohit

Published in print:
2013
Published Online:
January 2013
ISBN:
9780198088417
eISBN:
9780199082292
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198088417.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

Why is the world economy in such turmoil? This is a question which has implications not just for the economics discipline but also the lives of millions of working people across the world. That it ... More


Wealth Effects *

Amitava Bose

in Dimensions of Economic Theory and Policy: Essays for Anjan Mukherji

Published in print:
2011
Published Online:
September 2012
ISBN:
9780198073970
eISBN:
9780199081615
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198073970.003.0009
Subject:
Economics and Finance, Microeconomics

The recent global financial crisis, triggered by a decline in housing prices, has drawn attention to a controversial issue: the importance of ‘wealth effects’ in macroeconomics. This chapter explores ... More


Consumption Behaviour in the US

Rohit

in It's Not Over: Structural Drivers of the Global Economic Crisis

Published in print:
2013
Published Online:
January 2013
ISBN:
9780198088417
eISBN:
9780199082292
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198088417.003.0008
Subject:
Economics and Finance, Macro- and Monetary Economics

Chapter 8 tests the hypotheses made in the theoretical models of Chapter 5 and Chapter 6 on the wealth effect and the debt effect on consumption using advanced econometric methods. Since ... More


The Wealth Effect

Rohit

in It's Not Over: Structural Drivers of the Global Economic Crisis

Published in print:
2013
Published Online:
January 2013
ISBN:
9780198088417
eISBN:
9780199082292
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198088417.003.0005
Subject:
Economics and Finance, Macro- and Monetary Economics

Chapter 5 modifies Steindl’s model to include of wealth-induced consumption of the capitalists which counteracts the tendency of underconsumption in the short run. While the tendency towards ... More


Exchange Rates and Trade Balances under the Dollar Standard

Hong (Helen) Qiao

in The Unloved Dollar Standard: From Bretton Woods to the Rise of China

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199937004
eISBN:
9780199980703
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199937004.003.0007
Subject:
Economics and Finance, Financial Economics

This chapter considers the impacts of discrete exchange rate changes in open economies with net foreign exchange liabilities and assets under the dollar standard. The combination of wealth, price, ... More


Introduction *

Krishnendu Ghosh Dastidar, Hiranya Mukhopadhyay, and Uday Bhanu Sinha

in Dimensions of Economic Theory and Policy: Essays for Anjan Mukherji

Published in print:
2011
Published Online:
September 2012
ISBN:
9780198073970
eISBN:
9780199081615
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198073970.003.0001
Subject:
Economics and Finance, Microeconomics

This book discusses various aspects of economic theory and quantitative techniques and their applications and relevance to policymaking. It features contributions from economists who have come ... More


Wealth, Tastes, and Entrepreneurial Choice

Erik Hurst and Benjamin W. Pugsley

in Measuring Entrepreneurial Businesses: Current Knowledge and Challenges

Published in print:
2017
Published Online:
May 2018
ISBN:
9780226454078
eISBN:
9780226454108
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226454108.003.0004
Subject:
Economics and Finance, Econometrics

The non-pecuniary benefits of managing a small business are a first-order consideration for many nascent entrepreneurs, yet the preference for business ownership is mostly ignored in models of ... More


The Great Recession and Life Satisfaction: The Unique Decline for Americans Approaching Retirement Age

John Ifcher and Amanda Cabacungan

Homa Zarghamee (ed.)

in Markets, Governance, and Institutions in the Process of Economic Development

Published in print:
2017
Published Online:
December 2017
ISBN:
9780198812555
eISBN:
9780191850356
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198812555.003.0012
Subject:
Economics and Finance, Development, Growth, and Environmental

Using data from the US Centers for Disease Control and Prevention’s Behavioral Risk Factor Surveillance System, we examine the impact of the Great Recession on subjective well-being (as measured by ... More


Relaxing Other (Administrative, Informational, and Cognitive) Assumptions

Ian Ayres

in Optional Law: The Structure of Legal Entitlements

Published in print:
2005
Published Online:
February 2013
ISBN:
9780226033464
eISBN:
9780226033488
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226033488.003.0008
Subject:
Economics and Finance, Econometrics

Real-world non-consensual takings may impose costs—real social costs—not just of administration (in courts calculating the damages and private parties litigating a dispute), but also in terms of what ... More


Friedman and the Income Effects of Financing Government Deficits

Robert D. Auerbach

in Milton Friedman: Contributions to Economics and Public Policy

Published in print:
2016
Published Online:
August 2016
ISBN:
9780198704324
eISBN:
9780191773761
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198704324.003.0023
Subject:
Economics and Finance, Economic History, Macro- and Monetary Economics

This chapter discusses Milton Friedman’s research on the effects of changes in the money supply and government deficit spending on price levels, stock prices and private income. Robert Auerbach’s ... More


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