Unified Growth Theory

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Release : 2011-04-11
Genre : Business & Economics
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Book Rating : 86X/5 ( reviews)

Unified Growth Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Unified Growth Theory write by Oded Galor. This book was released on 2011-04-11. Unified Growth Theory available in PDF, EPUB and Kindle. For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution

Exchange-Rate Dynamics

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Release : 2011-03-14
Genre : Business & Economics
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Book Rating : 843/5 ( reviews)

Exchange-Rate Dynamics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange-Rate Dynamics write by Martin D. D. Evans. This book was released on 2011-03-14. Exchange-Rate Dynamics available in PDF, EPUB and Kindle. A comprehensive and in-depth look at exchange-rate dynamics Variations in the foreign exchange market influence all aspects of the world economy, and understanding these dynamics is one of the great challenges of international economics. This book provides a new, comprehensive, and in-depth examination of the standard theories and latest research in exchange-rate economics. Covering a vast swath of theoretical and empirical work, the book explores established theories of exchange-rate determination using macroeconomic fundamentals, and presents unique microbased approaches that combine the insights of microstructure models with the macroeconomic forces driving currency trading. Macroeconomic models have long assumed that agents—households, firms, financial institutions, and central banks—all have the same information about the structure of the economy and therefore hold the same expectations and uncertainties regarding foreign currency returns. Microbased models, however, look at how heterogeneous information influences the trading decisions of agents and becomes embedded in exchange rates. Replicating key features of actual currency markets, these microbased models generate a rich array of empirical predictions concerning trading patterns and exchange-rate dynamics that are strongly supported by data. The models also show how changing macroeconomic conditions exert an influence on short-term exchange-rate dynamics via their impact on currency trading. Designed for graduate courses in international macroeconomics, international finance, and finance, and as a go-to reference for researchers in international economics, Exchange-Rate Dynamics guides readers through a range of literature on exchange-rate determination, offering fresh insights for further reading and research. Comprehensive and in-depth examination of the latest research in exchange-rate economics Outlines theoretical and empirical research across the spectrum of modeling approaches Presents new results on the importance of currency trading in exchange-rate determination Provides new perspectives on long-standing puzzles in exchange-rate economics End-of-chapter questions cement key ideas

Advanced Macroeconomics

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Release : 2021-10-11
Genre : Business & Economics
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Book Rating : 707/5 ( reviews)

Advanced Macroeconomics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Advanced Macroeconomics write by Filipe R. Campante. This book was released on 2021-10-11. Advanced Macroeconomics available in PDF, EPUB and Kindle. Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners. This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then applies them to a wide range of policy questions – ranging from pensions, consumption, investment and finance, to the most recent developments in fiscal and monetary policy. It does so with the requisite rigor, but also with a light touch, and an unyielding focus on their application to policy-making, as befits the authors’ own practical experience. Advanced Macroeconomics: An Easy Guide is bound to become a great resource for graduate and advanced undergraduate students, and practitioners alike.

Demography and the Economy

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Release : 2011-01-15
Genre : Business & Economics
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Book Rating : 758/5 ( reviews)

Demography and the Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Demography and the Economy write by John B. Shoven. This book was released on 2011-01-15. Demography and the Economy available in PDF, EPUB and Kindle. Demographics is a vital field of study for understanding social and economic change and it has attracted attention in recent years as concerns have grown over the aging populations of developed nations. Demographic studies help make sense of key aspects of the economy, offering insight into trends in fertility, mortality, immigration, and labor force participation, as well as age, gender, and race specific trends in health and disability. Demography and the Economy explores the connections between demography and economics, paying special attention to what demographic trends can reveal about the sustainability of traditional social security programs and the larger implications for economic growth. The volume brings together some of the leading scholars working at the border between the two disciplines, and it provides an eclectic overview of both fields. Contributors also offer deeper analysis of a variety of issues such as the impact of greater wealth on choices about marriage and childbearing and the effects of aging populations on housing prices, Social Security, and Medicare.

Unified Reality Theory

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Release : 2015-12-04
Genre : Philosophy
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Book Rating : 76X/5 ( reviews)

Unified Reality Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Unified Reality Theory write by Steven Kaufman. This book was released on 2015-12-04. Unified Reality Theory available in PDF, EPUB and Kindle. “Unified Reality Theory demonstrates that the source of reality is a universal consciousness, and that we are in no way separable from that source, and so in no way truly separable from each other or any other aspect of reality. I recommend this book to anyone interested in understanding the nature of reality and their place in it.” —Deepak Chopra Unified Reality Theory describes how all reality evolves from an absolute existence. It also demonstrates that this absolute existence must have consciousness as an attribute that’s intrinsic to its being. Thus, Unified Reality Theory shows that consciousness, rather than being a product of the evolution of physical reality, is itself the source of what we experience as physical reality, and that physical reality is itself but one aspect of an evolving universal consciousness. Unified Reality Theory shows that, most fundamentally, this absolute consciousness-existence evolves into reality by means of a single process: self-relation. That is, consciousness-existence becomes reality by forming relationships with itself, analogous in a very limited way to what happens to a rubber band that’s twisted upon itself, i.e., it remains whole while differentiating into other forms. Thus, Unified Reality Theory demonstrates that reality is a state of existential self-relation. The idea that the universe consists of existence which has formed relationships with itself isn’t new; Taoists have understood this idea for at least a couple of thousand years. What’s new here is the presentation of this idea in the form of a detailed and defined structural model that correlates with the behavior of physical reality as described by science in general and physics in particular. Ultimately, Unified Reality Theory uses science and logic to make the case that God exists, as a pervasive and absolute consciousness that transcends the realities of space and time, and that we, as well as everything else, are that!