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Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a s...Savoir plus
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Since the 1970s, the striking increase in immigration to the United States has been accompanied by a marked change in the composition of the immigrant...Savoir plus
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For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those coun...Savoir plus
As a united global economy evolves, economists and policymakers are forced to consider whether the current system of taxing income is inconsistent wit...Savoir plus
For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those coun...Savoir plus
This timely volume addresses three important recent trends in the internationalization of United States equity markets: extensive market integration t...Savoir plus
Discussing the privatization of social security in the face of an ageing population, this text studies retirement benefits in systems based on individ...Savoir plus
Is the federal budget deficit a result of congressional deadlocks, gross miscalculation of economic trends, or a Republican strategy to tie the budget...Savoir plus
Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world ec...Savoir plus
Economists writing on flexible exchange rates in the 1960s foresaw neither the magnitude nor the persistence of the changes in real exchange rates tha...Savoir plus
The takeover boom that began in the mid-1980s has exhibited many phenomena not previously observed, such as hostile takeovers and takeover defenses, a...Savoir plus
In this collection of eight essays, experts in economics and education bring economic analysis to bear on such underexamined topics as the nature of c...Savoir plus
In recent years, the earnings of young blacks have risen substantially relative to those of young whites, but their rates of joblessness have also ris...Savoir plus
In the 1980s, public sector unionism has become the most vibrant component of the American labor movement. What does this new look of organized labor ...Savoir plus
The papers in this volume exploit the substantial variation in U.S. tax policy during the last two decades to investigate how taxes affect a range of ...Savoir plus
This volume presents research on issues of importance to the well-being of older persons, including: labour market behaviour, health care, housing and...Savoir plus
We often think of fiscal decisions as being made by a single government, but in the United States the reality is that an astounding number of entities...Savoir plus
In this text, economists look at changes in foreign direct investment - including historical trends, specific country experiences, developments in the...Savoir plus