The book explores both theoretically and empirically the impacts of housing reforms on housing provision in the context of the transition from a centrally-planned to a market-based economy. Fifteen years after the overthrow of state socialism housing policy has lost its privileged status of a political priority as most politically emb- ded systems had favoured market-based solutions to housing problems. This dep- ture from state controlled housing policies with the aim of providing a dwelling for every family is significant, particularly in some post-socialist countries where no new housing...
The book explores both theoretically and empirically the impacts of housing reforms on housing provision in the context of the transition from a centr...
Discusses the implications of the recursive or self-reflexive effects of economic theories on bounded rational behavior and interaction. This book focuses on the mechanisms through which bounded rational actors perceive the self-referential nature of economic theories and might absorb their prescriptions.
Discusses the implications of the recursive or self-reflexive effects of economic theories on bounded rational behavior and interaction. This book foc...
This book surveys and summarizes the numerous approaches used to extract information on market expectations from option prices. The various approaches are thoroughly explained and many practical issues are discussed, including: data selection, data preparation, and presentation and interpretation of results. This enables the reader to easily implement these techniques in his own applied work. Most studies concerning uncertainty in financial markets focus on actual uncertainty as represented by historical volatility measures, variances etc. In contrast, using option prices allows us to...
This book surveys and summarizes the numerous approaches used to extract information on market expectations from option prices. The various approac...
By exploring the price dynamics and business cycle of the Italian economy with reference to the most important international events, this text sheds new light on the country's current situation. Using a long-term analytical framework underpinned by principal theoretical approaches, the analysis places particular emphasis on price dynamics. The text begins with the country's post-war difficulties and then covers the boom-and-bust period of the "Italian miracle," before moving onto the lasting inflationary process of the 70s and 80s, and finally the financial crisis of the 90s and the...
By exploring the price dynamics and business cycle of the Italian economy with reference to the most important international events, this text shed...
This book assesses the prospects of official development assistance (ODA) for poverty reduction. It analyzes the entire value chain of ODA, including provision, allocation and utilization. Within each of these components, coverage examines scope and limits of aid. The horizontal interactions between donors and recipients as well as the vertical connections to local and region-specific conditions represent the heart of this book's approach.
This book assesses the prospects of official development assistance (ODA) for poverty reduction. It analyzes the entire value chain of ODA, includi...
This book is mainly concerned with economic analysis of the labour market status of NESB (Non-English Speaking Background) migrant women in Australia. Newly developed and sophisticated econometric methods are used to analyse the labour market status of both NESB migrant and Australian born women. It shows that NESB migrant women are over represented in occupations that have low pay and poor working conditions. It also shows that they are disadvantaged (and discriminated against) in the Australian labour market due to poor English, non-recognition of overseas qualifications and their late...
This book is mainly concerned with economic analysis of the labour market status of NESB (Non-English Speaking Background) migrant women in Australia....
This book analyzes economic interdependence in the Euro Area. It offers expert estimates of the sign and size of economic spillovers. Moreover, the authors explore the impact of economic policy coordination on economic performance in the Euro Area. Among the many topics explored are the link between fiscal and monetary policies in the Euro Area and the coordination of fiscal policies and of structural reforms.
This book analyzes economic interdependence in the Euro Area. It offers expert estimates of the sign and size of economic spillovers. Moreover, the...
"Banking Sector Liberalization in India" explores in detail the changes in the Indian banking sector over the last 20 years, and puts them into a comparative perspective with the Chinese banking sector. For this purpose, the author develops a detailed indicator-based framework for assessing the liberalization of a banking sector along various process steps based on financial liberalization and transformation studies. This framework, along with the indicators for the process and the results of liberalization, is applied to the banking sectors in India and China to test for the effects of...
"Banking Sector Liberalization in India" explores in detail the changes in the Indian banking sector over the last 20 years, and puts them into a c...
Consumer credit has become a topical issue for researchers, regulators and the banking industry in Europe as a result of increasing market integration, regulatory changes and a growing tendency of households to use debt to finance consumption. This study uses a cross-country approach to look at a broad range of issues related to consumer credit in Europe. Focusing on both the supply and demand sides, it takes into account the structure and performance of financial intermediaries, the socio-demographic and economic profile of households and their risk of over-indebtedness, as well as the...
Consumer credit has become a topical issue for researchers, regulators and the banking industry in Europe as a result of increasing market integration...
The recent global ?nancial crisis has made ?nancial liberalization a topic of great academic and practical interest. This book makes new contributions to the topic by combining fact-?nding, empirical analysis, and theory to examine the relationship between ?nancial liberalization and economic growth. Among its contributions, the book provides detailed country assessments on the effects of ?nancial liberalization, including its striking impact on the banking sector. Although an important goal of ?nancial deregulation has been to help ?nancial institutions better perform their role in...
The recent global ?nancial crisis has made ?nancial liberalization a topic of great academic and practical interest. This book makes new contributions...
