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A Giant Reborn: Why the US Will Dominate the 21st Century

by Johan Van Overtveldt

The world is in turmoil. Whether one looks at Europe, Asia, North America, the Middle East, Africa, or Latin America, uncertainty and upheaval seem to be the order of the day. Nevertheless, there seems to be...


Economic Concepts of Ibn Taimiyah

by Abdul Azim Islahi

The economic thoughts of a fourteenth century scholar whose work continues to influence the lives and thoughts of Muslims today.


Supporting Investors and Growth Firms: A Bottom-Up Approach to a Capital Markets Union

by Thomas Aubrey, Renaud Thillaye & Alastair Reed

This publication focuses on how the Capital Markets Union might lead to tangible gains in investment and jobs growth. Based on a micro analysis of the challenges faced by growth and innovative firms in six large...


Who Gets What—and Why: The New Economics of Matchmaking and Market Design

by Alvin E. Roth

A Nobel laureate reveals the often surprising rules that govern a vast array of activities — both mundane and life-changing — where money plays little or no role.


Online Gravity: The Unseen Force Driving the Way You Live, Earn, and Learn

by Paul X. McCarthy

The Freakonomics of the digital economy, offering fascinating insights into the new rules that are reshaping the online worlds of business, education, and leisure.

Are you concerned that technology and the web...


Principles of International Finance and Open Economy Macroeconomics: Theories, Applications, and Policies

by Cristina Terra

Principles of International Finance and Open Economy Macroeconomics: Theories, Applications, and Policies presents a macroeconomic framework for understanding and analyzing the global economy from the perspectives...


Handbook of Regional and Urban Economics SET

by Gilles Duranton, Vernon Henderson & William Strange

Developments in methodologies, agglomeration, and a range of applied issues have characterized recent advances in regional and urban studies. Volume 5 concentrates on these developments while treating traditional...


Universal Man: The Lives of John Maynard Keynes

by Richard Davenport-Hines

In Universal Man, noted biographer and historian Richard Davenport-Hines revives our understanding of John Maynard Keynes (1883-1946), the twentieth century’s most charismatic and revolutionary economist....


Rise of the Robots: Technology and the Threat of a Jobless Future

by Martin Ford

What are the jobs of the future? How many will there be? And who will have them? We might imagine—and hope—that today’s industrial revolution will unfold like the last: even as some jobs are eliminated,...


Economics and the Public Welfare

by Benjamin M. Anderson

In the turbulent years between passage of the Federal Reserve Act (1913) and the Bretton Woods Agreement (1945), the peoples of the Western world suffered two World Wars, two major and several minor international...


Finance and Development, June 2015

Smart Money: How High-Stakes Financial Innovation is Reshaping Our World¿For the Better

by Andrew Palmer

Six years after the financial crisis, investment bankers remain villains in the public mind. But as Economist editor Andrew Palmer reveals in Smart Money, this vilified industry is capable of doing great good...


The Economics of Screening and Risk Sharing in Higher Education: Human Capital Formation, Income Inequality, and Welfare

by Bernhard Eckwert & Itzhak Zilcha

The Economics of Screening and Risk Sharing in Higher Education explores advances in information technologies and in statistical and social sciences that have significantly improved the reliability of techniques...


New Energy Sources for Jordan : Macroeconomic Impact and Policy Considerations

by Andrea Gamba

Jordan’s initiatives to reduce its energy dependency could have substantial macroeconomic implications, but will crucially depend on the level of international oil prices in the next decade. Significant uncertainties...


(Not) Dancing Together : Monetary Policy Stance and the Government Spending Multiplier

by Vincent Belinga & Constant Lonkeng Ngouana

This paper provides estimates of the government spending multiplier over the monetary policy cycle. We identify government spending shocks as forecast errors of the growth rate of government spending from the...


It's Not All Fiscal:Effects of Income, Fiscal Policy, and Wealth on Private Consumption

by Laura Jaramillo & Alexandre Chailloux

We attempt to disentangle income and wealth effects on consumption by disaggregating both the different types of income and wealth. We estimate a consumption function for a panel of quarterly data for 14 advanced...


Learning by Doing: The Real Connection between Innovation, Wages, and Wealth

by James Bessen & Inc. Garamond Agency

Technology is constantly changing our world, leading to more efficient production. In the past, technological advancements dramatically increased wages, but during the last three decades, the median wage has...


The Globalization of Inequality

by François Bourguignon & Thomas Scott-Railton

In The Globalization of Inequality, distinguished economist and policymaker François Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard...


Functional Inefficiency: The Unexpected Benefits of Wasting Time and Money

by Peter S. Wenz

How can we reduce unemployment? As this insightful and counterintuitive book shows, the surprising answer is inefficiency. Some of the most labor-intensive sectors of the economy, the author notes, are also...


Islamic Finance, Consumer Protection, and Financial Stability

by Inutu Lukonga

Consumer protection and financial literacy are essential pillars of a well functioning and stable financial system. As the global financial crisis demonstrated, inadequate attention to consumer protection and...