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In this book theories of distribution and growth after Keynes are reviewed and assessed. The first part presents a comprehensive overview of the main contributions including the approaches by Harrod and Domar, old and new neoclassical theories including the fundamental capital controversy critique, the post-Keynesian contributions of Kaldor, Pasinetti, Thirlwall and Robinson, as well as the approaches by Kalecki and Steindl. The second part of the book develops neo- and post-Kaleckian models, gradually introducing saving from wages and international trade, technological progress, money, interest and credit. It also explores issues of 'financialisation' and presents the empirical results of model applications.
Richard Hauser Irene Becker Johann Wolfgang Goethe-University, FrankfurtlMain This volume marks the end of a research project of the editors titled "The DevelÂ opment of the Personal Distribution of Income in Germany" that was financed by the Hans Bockler Foundation from 1994 to 2001. This research concentrated on a national perspective, studying many aspects of income inequality and poverty in West Germany between 1969 and 1998 and extending the analyses to inequality in East Germany after the German reunification. Now at the end point of our empiriÂ cal analyses, we want to expand the perspective to other research in this field, to challenges for future research, and to the European dimension, rather than to summarise all our results, which is done in another bookl. In 2001, the German goverrunent published its first Poverty and Wealth ReÂ 2 port , which also draws on results from our research project. Thus, the intention of this volume is threefold: presenting and advancing Gernlan reporting on poverty in other counÂ and wealth, examining experience with advanced reporting schemes tries, and discussing comparative concepts for social monitoring in the European Union.
Economic inequality has become a focus of prime interest for economic analysts and policy makers. This book provides an integrated approach to the topics of inequality and personal income distribution. It covers the practical and theoretical bases for inequality analysis, applications to real world problems and the foundations of theoretical approaches to income distribution. It also analyses models of the distribution of labour earnings and of income from wealth. The long-run development of income - and wealth - distribution over many generations is also examined. Special attention is given to an assessment of the merits and weaknesses of standard economic models, to illustrating the implications of distributional mechanisms using real data and illustrative examples, and to providing graphical interpretation of formal arguments. Examples are drawn from US, UK and international sources.
Business takes place in an increasingly global environment, crossing political and cultural boundaries, and consequently ethical dilemmas arise. The central focus of this text lies in how to make and explain "best choice" judgments in international business situations. br br This innovative textbook provides a topical and relevant analysis of the ethical dimensions of conducting business in a global political economy. From a starting point of applied ethics, the book introduces a common set of normative terms and analytical tools for examining and discussing real case scenarios. br br Extensive real-world examples, presented in the form of exhibits, cover issues including: br * Foreign production, including sweatshops br * Export of hazardous products br * Testing and pricing of HIV-AIDS drugs br * Advertising tobacco, alcoholic beverages and infant formula br * Deceptive marketing techniques and bribery br * Religious and social discrimination br * Cultural impacts from "music, movies and malls" br * Environmental issues, including oil spills, rain forest preservation, global warming and genetically modified foods br br Anyone with an interest in the ethical implications of international business, or the business implications of corporate responsibility in the global market, will find this book a thought-provoking yet balanced analysis. Clearly written, this book will be the textbook of choice in this increasingly important field.
This useful reference/text provides a comprehensive study of the various bivariate discrete distributions that have appeared in the literature -- written in an accessible manner that assumes no more than a first course in mathematical statistics. Supplying individualized treatment of topics while simultaneously exploiting the interrelationships of the material, Bivariate Discrete Distributions details the latest techniques of computer simulation for the distributions considered ... contains a general introduction to the structural properties of discrete distributions, including generating functions, moment relationships, and the basic ideas of generalizing ... develops distributions using sampling schemes ... explores the role of compounding ... covers Waring and "short" distributions for use in accident theory ... discusses problems of statistical inference, emphasizing techniques pertinent to the discrete case ... and much more! Containing over 1000 helpful equations, Bivariate Discrete Distributions is an essential, self-contained reference for applied and general statisticians, and biostatisticians; biometricians and mathematicians; and researchers in actuarial science, accident theory, environmental science, ecology, and the study of wildlife populations; and an outstanding text for upper-level undergraduate and graduate students in these disciplines. Book jacket.