{"title":"Zeuthen Lectures","description":"\u003cp\u003eDelve into economics with the Zeuthen Lectures, a series of insightful explorations from leading minds. Perfect for students and professionals seeking a deeper understanding of economic theory and its applications.\u003c\/p\u003e","products":[{"product_id":"competition-and-growth-book-philippe-aghion-9780262012188","title":"Competition and Growth","description":null,"brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49631627739409,"sku":"GOR013379634","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262012189.jpg?v=1751070280"},{"product_id":"political-economics-book-torsten-persson-9780262661317","title":"Political Economics","description":"What determines the size and form of redistributive programs, the extent and type of public goods provision, the burden of taxation across alternative tax bases, the size of government deficits, and the stance of monetary policy during the course of business and electoral cycles? A large and rapidly growing literature in political economics attempts to answer these questions. But so far there is little consensus on the answers and disagreement on the appropriate mode of analysis. \u003cp\u003eCombining the best of three separate traditions-the theory of macroeconomic policy, public choice, and rational choice in political science-Torsten Persson and Guido Tabellini suggest a unified approach to the field. As in modern macroeconomics, individual citizens behave rationally, their preferences over economic outcomes inducing preferences over policy. As in public choice, the delegation of policy decisions to elected representatives may give rise to agency problems between voters and politicians. And, as in rational choice, political institutions shape the procedures for setting policy and electing politicians. The authors outline a common method of analysis, establish several new results, and identify the main outstanding problems.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ WELL_READ \/ INTERNAL","offer_id":49641067086097,"sku":"GOR012543065","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ GARDNERS","offer_id":49729341456657,"sku":"NGR9780262661317","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":51138401501457,"sku":"GOR004082310","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":51415608099089,"sku":"CIN0262661314G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262661314.jpg?v=1750738532"},{"product_id":"wage-dispersion-book-dale-t-mortensen-9780262633192","title":"Wage Dispersion","description":"\u003cp\u003eWhy are workers with identical skills found in both good jobs and bad jobs? Why are workers who do similar jobs paid differently, contrary to standard competitive theory? Observable differences in workers doing the same job account for only 30 percent of wage variation. In \u003ci\u003eWage Dispersion\u003c\/i\u003e, Dale Mortensen examines the reasons for pay differentials in the other 70 percent. He finds that these differentials, or wage dispersion, are largely the result of job search friction (which arises when workers do not know the wages offered by all employers) and cross-firm differences in wage policy and productivity.\u003c\/p\u003e\u003cp\u003eMortensen examines previous theoretical explanations for wage dispersion, testing them against data from a Danish matched employer-employee database. He begins by offering a simple one-period model of the problem, then expands this basic model intertemporally to include the role of on-the-job worker search behavior. Following this, he discusses theoretical modifications that offer an explanation for the nature of observed wage dispersion, particularly the shape of cross-firm wage distribution. He then examines the hypothesis that wage policies are determined by profit-maximizing behavior and finds that the Danish data do not support it; he argues that bilateral wage bargaining is the more likely determinant. Finally, he reviews recent work that extends the basic theoretical framework to explain wage dispersion within firms.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49643820122385,"sku":"GOR008006566","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262633191.jpg?v=1751133321"},{"product_id":"political-economics-book-torsten-persson-9780262161954","title":"Political Economics","description":"\u003cp\u003eWhat determines the size and form of redistributive programs, the extent and type of public goods provision, the burden of taxation across alternative tax bases, the size of government deficits, and the stance of monetary policy during the course of business and electoral cycles? A large and rapidly growing literature in political economics attempts to answer these questions. But so far there is little consensus on the answers and disagreement on the appropriate mode of analysis.\u003c\/p\u003e\u003cp\u003eCombining the best of three separate traditions--the theory of macroeconomic policy, public choice, and rational choice in political science--Torsten Persson and Guido Tabellini suggest a unified approach to the field. As in modern macroeconomics, individual citizens behave rationally, their preferences over economic outcomes inducing preferences over policy. As in public choice, the delegation of policy decisions to elected representatives may give rise to agency problems between voters and politicians. And, as in rational choice, political institutions shape the procedures for setting policy and electing politicians. The authors outline a common method of analysis, establish several new results, and identify the main outstanding problems.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":50346356015377,"sku":"CIN0262161958G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262161958.jpg?v=1751070346"},{"product_id":"wage-dispersion-book-dale-t-mortensen-9780262134330","title":"Wage Dispersion","description":"\u003cp\u003eWhy are workers with identical skills found in both good jobs and bad jobs? Why are workers who do similar jobs paid differently, contrary to standard competitive theory? Observable differences in workers doing the same job account for only 30 percent of wage variation. In \u003ci\u003eWage Dispersion\u003c\/i\u003e, Dale Mortensen examines the reasons for pay differentials in the other 70 percent. He finds that these differentials, or wage dispersion, are largely the result of job search friction (which arises when workers do not know the wages offered by all employers) and cross-firm differences in wage policy and productivity.\u003c\/p\u003e\u003cp\u003eMortensen examines previous theoretical explanations for wage dispersion, testing them against data from a Danish matched employer-employee database. He begins by offering a simple one-period model of the problem, then expands this basic model intertemporally to include the role of on-the-job worker search behavior. Following this, he discusses theoretical modifications that offer an explanation for the nature of observed wage dispersion, particularly the shape of cross-firm wage distribution. He then examines the hypothesis that wage policies are determined by profit-maximizing behavior and finds that the Danish data do not support it; he argues that bilateral wage bargaining is the more likely determinant. Finally, he reviews recent work that extends the basic theoretical framework to explain wage dispersion within firms.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":50961999528209,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ GOOD \/ SBYB","offer_id":50962000773393,"sku":"CIN0262134330G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262134330.jpg?v=1751290752"},{"product_id":"competition-and-growth-book-philippe-aghion-9780262512022","title":"Competition and Growth","description":"Though competition occupies a prominent place in the history of economic thought, among economists today there is still a limited, and sometimes contradictory, understanding of its impact. In \u003ci\u003eCompetition and Growth\u003c\/i\u003e, Philippe Aghion and Rachel Griffith offer the first serious attempt to provide a unified and coherent account of the effect competition policy and deregulated entry has on economic growth.\u003cp\u003eThe book takes the form of a dialogue between an applied theorist calling on Schumpeterian growth models and a microeconometrician employing new techniques to gauge competition and entry. In each chapter, theoretical models are systematically confronted with empirical data, which either invalidates the models or suggests changes in the modeling strategy. Aghion and Griffith note a fundamental divorce between theorists and empiricists who previously worked on these questions. On one hand, existing models in industrial organization or new growth economics all predict a negative effect of competition on innovation and growth: namely, that competition is bad for growth because it reduces the monopoly rents that reward successful innovators. On the other hand, common wisdom and recent empirical studies point to a positive effect of competition on productivity growth. To reconcile theory and evidence, the authors distinguish between pre- and post-innovation rents, and propose that innovation may be a way to escape competition, an idea that they confront with microeconomic data. The book's detailed analysis should aid scholars and policy makers in understanding how the benefits of tougher competition can be achieved while at the same time mitigating the negative effects competition and imitation may have on some sectors or industries.\u003c\/p\u003e","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51332088889617,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ GOOD \/ SBYB","offer_id":51332091347217,"sku":"CIN0262512025G","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52531142066449,"sku":"NLS9780262512022","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262512025.jpg?v=1751227578"},{"product_id":"unemployment-fluctuations-and-stabilization-policies-book-jordi-gali-9780262553827","title":"Unemployment Fluctuations and Stabilization Policies","description":"L'objectif principal de la pr sente  tude est d'examiner la repr sentation des genres dans les manuels marocains d'anglais langue  trang re de 9e ann e officiellement approuv s et utilis s dans les coll ges publics, dans une perspective sociolinguistique. Pour atteindre cet objectif, la pr sente  tude s'appuie sur les crit res de Porecca de 1984. Une recherche   m thodes mixtes combinant l'analyse de donn es quantitatives et qualitatives est adopt e. Les r sultats r v lent que les manuels marocains d'anglais langue  trang re de 9e ann e utilis s dans les coll ges publics sont sexistes; la domination masculine est extr mement  vidente, tant du point de vue linguistique que social. Ce travail est conclu par quelques limites de l' tude ainsi que par un certain nombre de suggestions pour des recherches futures concernant les manuels marocains d'anglais langue  trang re de 9e ann e.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52665680560401,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52665681379601,"sku":"NLS9780262553827","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780262553827.jpg?v=1762277952"}],"url":"https:\/\/www.worldofbooks.com\/collections\/zeuthen-lectures-book-series.oembed","provider":"World of Books ","version":"1.0","type":"link"}