Top Research Papers on Economics

"Women and Economics" by Charlotte Perkins Gilman is recognised as a cornerstone of feminist literature. The work deeply examines women's social and domestic roles from an economic perspective. Gilman strikingly reveals how women's financial dependence on men hinders both their individual development and societal progress. Arguing that women can only achieve true freedom through economic independence, this book stands as a powerful manifesto that remains relevant from the time it was written to the present day.

I. INTRODUCTION AND REVIEW OF ECONOMIC CONCEPTS 1. Introduction 2. Review of the Economist's Arsenal II. THE INDUSTRIAL ORGANIZATION OF SPORTS 3. Sports Franchises as Profit-Maximizing Firms 4. Monopoly and Antitrust 5. Competitive Balance III. THE PUBLIC FINANCE OF SPORTS 6. The Public Finance of Sports: The Market for Sports Franchises 7. The Costs and Benefits of a Franchise to a City IV. THE LABOR ECONOMICS OF SPORTS 8. An Introduction to Labor Markets in Professional Sports 9. Labor Unions and Labor Relations 10. Discrimination 11. The Economics of Amateurism and College Sports

Economics of Aquaculture presents basic economic theory in a concise and logical format which is easily adaptable to practical application. Examples of economic solutions to common problems help you understand the need for economic application to aquaculture and the success that may come with sound economic planning and management. It also provides coverage of virtually all basic principles of microeconomics, farm management finance, and marketing applicable to the aquacultural industry. You will "walk" through the intricate maze of decisions which are necessary for success in the business env...

Public attitudes and policies toward LGBTQ individuals have improved substantially in recent decades. Economists are actively shaping the discourse around these policies and contributing to our understanding of the economic lives of LGBTQ individuals. In this paper, we present the most up-to-date estimates of the size, location, demographic characteristics, and family structures of LGBTQ individuals in the United States. We describe an emerging literature on the effects of legal access to same-sex marriage on family and socioeconomic outcomes. We also summarize what is known about the size, di...

The object of Marshall and Marshall's Economics of Industry was to construct, on the lines laid down in Mill's Political Economy, a theory of value, wages, and profits which shall include the chief results of the work of the present generation of economists. The result is a seminal economics work of the 18th century and beyond. Packed into this slim volume is material based upon the foundations of Mill's work.

This paper brings together methodological, theoretical, and empirical analysis into the framework of linguistic diversity. It reflects both historical and contemporary research by economists and other social scientists on the impact of language on economic outcomes and public policies. We examine whether and how language influences human thinking (including emotions) and behavior, and analyze the effects of linguistic distances on trade, migrations, financial markets, language learning, and its returns. The quantitative foundations of linguistic diversity, which rely on group identification, l...

Welfare and well-being have traditionally been gauged by using income and employment statistics, life expectancy, and other objective measures. The Economics of Happiness, which is based on people’s reports of how their lives are going, provides a complementary yet radically different approach to studying human well-being. Typically, subjective well-being measures include positive and negative feelings (e.g., momentary experiences of happiness or stress), life evaluations (e.g., life satisfaction), and feelings of having a life purpose. Both businesses and policymakers now increasingly make de...

There is significant uncertainty around estimates due to the assumption that avoidable ADEs correspond to medication errors, data quality, and lack of data around longer-term impacts of errors.

The role of particular scientists in opposing policies to slow and halt global warming has been extensively documented. The role of economists, however, has received less attention. Here, I trace the history of an influential group of economic consultants hired by the petroleum industry from the 1990s to the 2010s to estimate the costs of various proposed climate policies. The economists used models that inflated predicted costs while ignoring policy benefits, and their results were often portrayed to the public as independent rather than industry-sponsored. Their work played a key role in und...

Foreword: Institutions, Markets, and Games by Avner Greif ix Acknowledgments xxxiii Introduction by Victor Nee and Richard Swedberg xxxv PART I: The New Study of Capitalism 1 The Economic Sociology of Capitalism: An Introduction and Agenda by Richard Swedberg 3 Capitalism and Economic Growth by Douglass C. North 41 Organizational Dynamics of Change: Politicized Capitalism in China by Victor Nee 53 Still Disenchanted? The Modernity of Postindustrial Capitalism by Francis Fukuyama 75 The Challenges of the Institutional Turn: New Interdisciplinary Opportunities in Development Theory by Peter Evan...

We describe a framework for understanding the factors that underpin economic resilience, and identify the basic tools for implementing it. This principally involves examining resilience by design, which promotes endogenous reorganization in the economy, and by intervention, which includes exogenous measures such as bailouts, stockpiles and building buffers. We link these ideas to comparable notions from physics, such as the rich and non-trivial phenomenology that arises in circumstances when a system is dynamic and out of equilibrium. We contend that a more nuanced understanding of the underly...

Methods for representing documents as high-dimensional count vectors over vocabulary terms, for representing words as vectors, and for representing word sequences as embedding vectors are introduced.

Sociologist, historian and political economist, Max Weber is one of the most important thinkers of the nineteenth and twentieth centuries. His astonishing range and penetrating insights resulted in many influential books spanning religion, society, politics, and economics, permanently affecting the direction of the social sciences. General Economic History, published in 1923 (three years after Weber's death) and compiled from meticulous notes taken by his students, ranks as one of his most important books. It is a landmark work in economic history. From early forms of exchange in pre-capitalis...

Students in economics are ever more distressed by the disconnect between mainstream economics and the real world. This book shows how post-Keynesian economics constitutes a coherent heterodox alternative, based on realistic assumptions and the integration of the financial and real sides of the economy, with an emphasis on the many paradoxes that arise in a truly macroeconomic analysis. The book is a considerably revised and updated version of the widely used and frequently cited 2014 edition, which won the EAEPE Myrdal Prize (now the Joan Robinson Prize).

This chapter argues that an evolutionary perspective can provide useful insights that are widely relevant for the study of economic history and long-run economic growth.

The fifth edition of The Process of Economic Development offers a thorough and up-to-date treatment of development economics. It has been extensively revised throughout, reflecting the most recent developments in research and incorporating the latest empirical data, as well as key theoretical advances and many new topics. The world has seen vast economic growth in China, economic transformation in India, new challenges in Latin America, rapid economic progress in Southeast Asia, and the deepening impact of environmental issues such as climate change. This new edition addresses all these critic...

Intangible assets are a large and growing part of firms’ capital stocks. Intangibles are accumulated via investment—foregoing consumption today for output in the future—but they lack a physical presence. Rather than stopping with this “lack,” we instead focus on the positive properties of intangibles. Specifically, intangibles must be stored, so characteristics of the storage medium have important implications for their value and use. These properties include non-rivalry, allowing the intangible to be used simultaneously in different production streams, and limited excludability, which prevent...

Abstract Overcentralization in Economic Administration: A Critical Analysis Based on Experience in Hungarian Light Industry provides an overview of the criticisms of socialist central planning. It elaborates on the economic organization of centrally planned economies. The economic changes of 1968 had been primarily influenced by the Hungarian reform process. The book also identifies several systematic failures of the centrally planned economy, which resulted in weak economic performance and eventual disintegration of the economy. Due to the presented argument for radical changes, Overcentraliz...

For business statistics courses taught in Economics and Business Schools. This classic text is known for its accuracy and statistical precision. This text enables students to conduct serious analysis of applied problems in contrast to merely running simple"canned" applications to help students become stronger analysts and future managers. It is also at a mathematically higher level than most business statistics texts.

This 2nd edition compendium contains and explains essential statistical formulas and practical examples within an economic context.

Poor medication practices and inadequate system infrastructure—resulting in poor adherence, medication-related harms, and medication errors—too often results in patient harm. As many as 1 in 10 hospitalizations in OECD countries may be caused by a medication-related event and as many one in five inpatients experience medication-related harms during hospitalization. Together, costs from avoidable admissions due to medication-related events and added length of stay due to preventable hospital-acquired medication-related harms total over USD 54 billion in OECD countries. This report includes four...

Data is nonrival: a person’s location history, medical records, and driving data can be used by many firms simultaneously. Nonrivalry leads to increasing returns. As a result, there may be social gains to data being used broadly across firms, even in the presence of privacy considerations. Fearing creative destruction, firms may choose to hoard their data, leading to the inefficient use of nonrival data. Giving data property rights to consumers can generate allocations that are close to optimal. Consumers balance their concerns for privacy against the economic gains that come from selling data...

In this paper, a basic economic model for the impact of the disease on a shrimp farm is provided and a Monte Carlo simulation is provided to illustrate theimpact of disease on economic risk.

Abstract Since the mid-1990s, negative stock returns comove with downgrades to the Fed’s growth expectations and predict policy accommodations. Textual analysis of FOMC documents reveals that policy makers pay attention to the stock market. The primary mechanism is their concern with the consumption wealth effect, with a secondary role for the market predicting the economy. We find little evidence of the Fed overreacting to the market in an ex post sense (reacting beyond the market’s effect on growth expectations). Although policy makers are aware that the Fed put could induce risk-taking, mor...

Stone Age Economics is a classic of economic anthropology, ambitiously tackling the nature of economic life and how to study it comparatively. This collection of six influential essays is one of Marshall Sahlins' most important and enduring works, claiming that stone age economies formed the original affluent society. The book examines notions of production, distribution and exchange in early communities and examines the link between economics and cultural and social factors. This edition includes a new foreword by the author.

A Handbook of Cultural Economics includes over 60 eminently readable and concise articles by 50 expert contributors. This unique Handbook is both highly informative and readable; it covers a wide area of cultural economics and its closely related subjects. While being accessible to any reader with a basic knowledge of economics, it presents a comprehensive study at the fore-front of the field.

A definition of a digital ecosystem is proposed by the authors which points out the main features of this kind of system and highlights the dominant role of modern digital technologies in the formation of the digital ecosystem.

This book contains lectures delivered at Yale University in October, 1983, in memory of Arthur M. Okun, showing how Lord Kaldor relates his own views of economic process to those of Okun, particularly the theory of markets set in Okun's magnum opus, Prices and Quantities, posthumously published.

Density boosts productivity and innovation, improves access to goods and services, reduces typical travel distances, encourages energy efficient construction and transport, and allows broader sharing of scarce urban amenities. However, density is also synonymous with crowding and makes living and moving in cities more costly. We explore the appropriate measurement of density and describe how it is both a cause and a consequence of the evolution of cities. We then discuss whether and how policy should target density and why, in practice, the tradeoff between its pros and cons is unhappily resol...

Devine begins with an analysis of the theory and practice of capitalist planning, central planning and 'market socialism'. He argues that, while market socialism is currently favoured by many economists who reject both capitalism and the command planning of the Soviet model, it cannot fulfil the promises held out for it. In the remainder of the bo

Рассмотрено ведение лесного хозяйства в Италии. Состояние лесов страны представлено в разрезе регионов по показателям общей площади, лесистости, запасам древесины, породному составу и доступности лесов для заготовки древесины. Проанализированы типы охраняемых лесных территорий и распределение их площади по регионам. Рассмотрена структура собственников лесных участков. Приведены данные о планировании лесного хозяйства и методах ведения лесного хозяйства Италии. Представлены причины и объёмы повреждения лесов, динамика годовых объёмов вывозки древесины. Определена роль Италии в мировом экспорте ...

This undergraduate/postgraduate textbook History of Economic Ideas details the History of Economic Thought and Political Economy over the last 250 years.

Abstract Children throughout the world are engaged in activities that can be classified as work. Some of these are harmless like helping parents in the home, or have a valuable learning-by-doing component like helping in the family farm or family business. Others are dangerous or morally degrading. All, however, compete with formal education. The book provides a blend of theory, empirical analysis and policy discussion of child labour and related variables such as education, fertility and infant mortality. It is primarily intended for advanced and research students. This second edition present...

This Perspective sketches the ideas of complexity economics and describes how it links to complexity science more broadly.

The 2019 Nobel Prize in economics was awarded to three scholars on the grounds that their pioneering use of randomized control trials (RCTs) was innovative methodologically and contributed to development policy and the emergence of a new development economics. Using a critical feminist lens, this article challenges that conclusion by interrogating the storytelling practices deployed by “randomista” economists through a critical reading of a widely cited essay by Esther Duflo, one of the 2019 Nobel recipients, on the relationship between women’s empowerment and economic development. The paper a...

Abstract This study investigates the role of economic well-being and economic freedom as drivers of renewable energy consumption using the share of renewables in total energy consumption in Africa. To achieve this, the study employs a panel data of 32 African countries over the period 1996-2017. To deal with identification challenges associated with panel time-series data, we use the Dynamic Ordinary Least Squares econometric technique. As part of our findings, first, we have evidence that increasing economic well-being in Africa increases the share of renewables in total energy consumption to...

"Narrative economics: how stories go viral and drive major economic events." The European Journal of the History of Economic Thought, 28(3), pp. 496–497

It is shown that GPT’s decisions are mostly rational and even score higher than human decisions, and the estimated preference parameters of GPT, compared to those of human subjects, are slightly different and exhibit a substantially higher degree of homogeneity.

Decoupling economic growth (EG) from water consumption (WC) is crucial to regional sustainable development. Therefore, it is necessary to analyze the spatial and temporal decoupling of WC and EG, and then to identify the feasible paths for achieving the desired level of decoupling. Firstly, this paper measures the WC of the provincial areas in the Yangtze River Economic Belt (YREB) from 2004 to 2017 by using the water footprint (WF) method; Secondly, the decoupling analysis of WF and EG is carried out based on the Tapio decoupling model, furthermore, the spatial autocorrelations of decoupling ...

The model shows that EPU matters most in the short run, as it reduces the growth of CO2 emissions, while prolonged use of EPU in the UK, exhibit controversial influence, whereCO2 emissions continue to rise.