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This is the third and final volume written in honour of Bernard
Corry and Maurice Peston by an internationally renowned group of
experts, and focuses on the application of economics to policy
advice.The contributors to this volume consider practical policy
issues including labour market policy and the problem of
unemployment, methodology and econometric analysis, taxation
policy, industrial regulation, practical applications of
transaction cost theory in the European Union, policy issues such
as foreign direct investment and pension reform affecting
transition economies and training policies in developing countries.
This is the first of three volumes, written by an internationally
renowned group of experts, to celebrate the contribution of Bernard
Corry and Maurice Peston to teaching and research.In this first
volume, the distinguished contributors provide original material on
the formulation of macroeconomic policy in advanced countries
ranging from a study of central bank independence, the consequences
of European monetary union and macroeconomic policy in transition
economies.
This second volume of essays in honour of Bernard Corry and Maurice
Peston focuses on labour economics, the history of economic thought
and the development of the economics profession, specifically
addressing teaching and policy advice issues. The authors discuss
areas Bernard Corry and Maurice Peston have been particularly
influential in. They address issues including labour markets,
Malthus's methodology, the relationship between Alfred Marshall and
Adam Smith, the eighteenth century origins of modern economics,
monetary policy and education.
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