A Theory of Earnings Distribution

Robert von Weizsaecker University of Halle-Wittenberg Translated by Penny Price

An understanding of the origins of earnings distributions is of central importance for any public policy which has the aim of combating economic inequality. The aim of this book is to provide a satisfactory theoretical foundation which could serve as the rational basis for such policies.The approach, strongly influenced by human capital theory, demonstrates the interdependence between age composition, inequality, and public distribution policy. It also addresses the question of how differences between individuals are transformed into income differences.

 

Cliches

§ the aim of the book is to provide a satisfactory theoretical foundation

§the approach demonstrates (the interdependence between)

§ the book addresses the question of

 

 

Pattern 4

Structural Economic Dynamics

A Theory of the Economic Consequences of Human Learning

 Luigi Pasinetti Universita Cattolica del Sacro Cuore, Milan

This book is a theoretical investigation of the development through time of a ‘pure labour ‘ economy. The author shifts the theory of long-term economic development away from the traditional framework based on capital accumulation to new foundations based on learning and technical progress. He gives a detailed analysis of the structural dynamics of prices and production and the necessary mobility of employment. Institutional and social learning, know-how, and the diffusion of information emerge as the decisive factors accounting for the success and failure of industrial societies.

 

Clichés

§ this book is a theoretical investigation of

§ the author gives a detailed analysis

 

 

 Pattern   5

Topics in Advanced Econometrics

Estimation, Testing and Specification of Cross-Section and Time Series Models

 Herman J. Bierens Southern Methodist University

In this book Herman Bierens provides a rigorous examination of timely topics in advanced econometrics, together with an extensive and thorough treatment of the necessary probability theory. The book is uniquely self-contained, providing the reader with a selection of the latest developments in econometric theory, plus the required introductory material on each topic. It will be used by graduate students of econometrics and statistics, and is particularly suitable for self-tuition.

 

Clichés

§ in this book H.Bierens provides a rigorous examination of a number of  

timely topics in advanced econometrics

§ the book provides the reader with a selection of the latest developments in

§ the book will be used by graduate students of econometrics

 

 

Pattern 6

Wages and Unemployment    

A Study in Non-Walrasian Macroeconomics   

Pierre Picard Cepremap, Paris.Translated by Sonia ben Ouagrham

This book provides an overview and assessment of various theoretical approaches in macroeconomics that focus on wage rigidities and involuntary unemployment. It offers an analysis of the microeconomic foundations of rigid wages and considers their implications for public policy. It reports new findings concerning the theory of fixed-price temporary equilibria, and provides an analysis of the micro-foundations of inefficiencies in the labour market such as risk-sharing mechanisms, union behaviour and efficiency wage models.

 

Clichés

§ the book provides an overview and assessment of various theoretical

approaches in macroeconomics

§ the book offers an analysis of microeconomic foundation

§ the book reports new findings concerning

 

 

Pattern 7

Chaotic Dynamics

Theory and Applications to Economics

 Alfredo Medio University of Venice in collaboration with Giampaolo Gallo University of Venice

This book is a tool for the theoretical and numerical investigation of nonlinear dynamical systems modelled by means of ordinary differential and difference equations. The work is divided into two parts: a book, comprising a theoretical overview of the subject matter and a number of applications; and an integrated software program. Although the emphasis is laid on dynamical systems arising from economic motivation, and the applications are derived from these systems, both the text and the program will also be of use to researchers in other fields of study. The book first discusses the fundamental concepts and methods of chaos theory, and then applies these theoretical resultsto models suggested by economic problems.

 

Clichés

§ this book is a tool for the theoretical and numerical investigation of

§ the work is divided into two parts

§ a book, comprising a theoretical overview of the subject matter and a number

of applications

§ the book will be of interest (of use) to researchers in other fields of study

 

 

Pattern 8

Underemployment Equilibria

Essays in Theory, Econometrics and Policy

Jacques Dreze Universite Catholique de Louvain

This book is a selection of Jacques Dreze's work over the last decade on the topics of stagflation, lasting unemployment and unused capacity. At the theoretical level, the author has contributed to the formulation and analysis of general equilibrium models that allow for price rigidities and excess supply. These models have also been found helpful in the study of related topics, such as equilibrium with increasing returns, public goods, price dynamics and the limitations of wage flexibility.

 

 “It is hard to do justice in a short review to a decade's work by one of Europe's most distinguished economist. The topics covered, the techniques used, and the concern at one and the same time with esoteric problems of basic research and practical policy measures aimed at reducing the hardships suffered by the unemployed are remarkable.”

 

Clichés

§ this book is a selection of the author’s work over the last decade

§ at the theoretical level the author has contributed to the formulation and analysis of

§ models have also been found helpful in the study of related topics

 

Pattern 9