Perspectives on the Performance of the Continental Economies -

Perspectives on the Performance of the Continental Economies

Buch | Hardcover
512 Seiten
2011
MIT Press (Verlag)
978-0-262-01531-8 (ISBN)
9,95 inkl. MwSt
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Leading economists consider the apparent underperformance of the European economy, testing various explanations against data.

Economists disagree on what ails the economies of continental western Europe, which are widely perceived to be underperforming in terms of productivity and other metrics. Is it some deficiency in their economic system-in economic institutions or cultural attitudes? Is it some effect of their welfare systems of social insurance and assistance? Or are these systems healthy enough but weighed down by adverse market conditions?

In this volume, leading economists test the various explanations for Europe's economic underperformance against real-world data. The chapters, written from widely varying perspectives, demonstrate the shortcomings and strengths of some methods of economics as much as they do the shortcomings and strengths of some economies of western continental Europe. Some contributors address only income per head or per worker; others look at efficiency and distortions of national choices such as that between labor and leisure; still others look at job satisfaction, fulfillment, and rates of indigenous innovation. Many offer policy recommendations, which range from developing institutions that promote entrepreneurship to using early education to increase human capital.

Edmund S. Phelps is McVickar Professor of Political Economy at Columbia University and founder of Columbia's Center on Capitalism and Society. He was the 2006 Nobel Laureate in Economics. Hans-Werner Sinn is Professor of Economics and Public Finance at the University of Munich and President of the CESIfo Group. Author of Can Germany Be Saved? The Malaise of the World's First Welfare State (MIT Press) and other books, he is former president of the International Institute of Public Finance, and former chairman of the German Economic Association. Edmund S. Phelps is McVickar Professor of Political Economy at Columbia University and founder of Columbia's Center on Capitalism and Society. He was the 2006 Nobel Laureate in Economics. Hans-Werner Sinn is Professor of Economics and Public Finance at the University of Munich and President of the CESIfo Group. Author of Can Germany Be Saved? The Malaise of the World's First Welfare State (MIT Press) and other books, he is former president of the International Institute of Public Finance, and former chairman of the German Economic Association. Robert J. Shiller is Sterling Professor of Economics at Yale University. He is the author of Finance and the Good Society and other books. Philippe Aghion is a Professor at the College de France and at the London School of Economics. Aghion is coauthor (with Peter Howitt) of Endogenous Growth Theory (MIT Press). James J. Heckman is the Henry Schultz Distinguished Service Professor of Economics at the University of Chicago. He was a recipient of the Nobel Prize for Economic Sciences in 2000. He is the coauthor (with Alan B. Krueger) of Inequality in America: What Role for Human Capital Policies? (MIT Press). Jeffrey Sachs is Galen L. Stone Professor of International Trade at Harvard University, and has been an economic advisor to more than a dozen countries around the world, including Bolivia, Mongolia, Poland, and Russia.

Reihe/Serie CESifo Seminar Series
Co-Autor Roman Frydman, Edmund S. Phelps, Hans-Werner Sinn
Zusatzinfo 78 figures, 55 tables; 133 Illustrations, unspecified
Verlagsort Cambridge, Mass.
Sprache englisch
Maße 152 x 229 mm
Gewicht 839 g
Themenwelt Geschichte Teilgebiete der Geschichte Wirtschaftsgeschichte
Wirtschaft Volkswirtschaftslehre Ökonometrie
ISBN-10 0-262-01531-5 / 0262015315
ISBN-13 978-0-262-01531-8 / 9780262015318
Zustand Neuware
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