Leading world scholars analyze a range of specific departures from general equilibrium theory which have significant implications for the macroeconomic analysis of both developed and developing economies. Jacques Dreze considers uncertainty and incomplete markets and Nobel Laureate Robert Solow relates growth theory to the macroeconomic framework. Other issues examined are the implications for macro-policy of new research, including Joseph Stiglitz's warning on the misplaced zeal for financial market liberalization which partly engendered the East Asian and Russian crises.

This volume collects selected papers on the European Union from the 13th Congress of the International Economic Association held in Lisbon, September 2002. It starts with an address by Romano Prodi, President of the European Commission, who sets the tone for the other papers by describing and evaluating two of the greatest accomplishments of the EU: economic and monetary union, and EU enlargement. Other authors deal in detail with various aspects of these and other issues, using a mixture of theoretical, empirical, and other tools.

Economics has paid little attention to the psychology of economic behaviour, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to standard utility theory, based on a narrow conception of rationality and self-interest maximization. The contributions in this volume, some focused on analytical models and methodology, others on laboratory and field experiments, challenge these assumptions, and provide novel and complex understandings of human motivation and economic decision-making. With a pioneering introduction by the book's two...

Timothy Besley brings together a set of essays on themes relevant to the study of economic development written by leading authors. It covers a range of topics many of which are relevant to policy issues. In many cases, the authors bring new insights from empirical research in a range of economies.

Timothy Besley brings together a set of essays on themes relevant to the study of economic development written by leading authors. It covers a range of topics many of which are relevant to policy issues. In many cases, the authors bring new insights from empirical research in a range of economies.

This book, with an overview introduction by Keneth J. Arrow, is the first volume of the proceedings of the World Economic Congress held in Athens, Greece in August/September 1989 under the austpices of the International Economic Association.