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135049 results in Economics

Page 2 of 6753

The Public Pension Crisis
  • Contractual Rights and Constitutional Limits
  • T. Leigh Anenson
  • Coming soon
  • Expected online publication date:
    April 2026
    Print publication:
    30 April 2026
  • A timely response to the pressing issue of public pension reform, The Public Pension Crisis explores the complex relationship between contract law and government pensions, specifically focusing on the Contract Clause and related state Pension Clauses. Analyzing over a decade of litigation, the book highlights the evolving role of pension contracts in constitutional law and examines more than 70 landmark cases to establish a clear, principled framework for determining when pension benefits qualify as contractual obligations. T. Leigh Anenson presents a unified theory to consistently treat public and private pensions, balancing the interests of employees' earned benefits with the financial challenges facing governments. Combining legal scholarship with practical policy insights, Anenson not only provides a much-needed legal perspective on pension reform but also calls for a systematic approach to addressing the retirement security crisis.

National Security and International Economic Law
  • Restoring Balance
  • Olga Hrynkiv
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • This book offers a timely and insightful exploration of security exceptions in international trade and investment law, focusing on the growing tension between national security measures and global economic stability. Through in-depth analysis and case studies of major global players, it uncovers how current practices are shaping international trade governance. The book examines the challenges posed by overly broad or narrow security exceptions, proposes practical reforms to improve legal clarity, and suggests ways to enhance cooperation between international organizations like the WTO and the UN. Aimed at policymakers, legal professionals, and scholars, this book provides valuable recommendations to help navigate the evolving landscape of global trade, offering concrete solutions to balance national security concerns with the need for economic cooperation.
The Rise of Econophysics

The Rise of Econophysics
  • A Connected History of Two Disciplines
  • Gianfranco Tusset
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • Classical mechanics provided the conceptual and methodological foundations of neoclassical economics, which has its roots in economic individualism. Since the early twentieth century, statistical mechanics has underpinned a lesser-known approach to economics and finance, one that focuses on aggregates and the interactions between individuals. This has led to the emergence of a new field of research, known as econophysics, which brings to the fore concepts such as emergent properties, power laws, networks, entropy, and multifractality, thereby reshaping economic enquiry.

Empirical Bayes
  • Some Tools, Rules, and Duals
  • Roger Koenker, Jiaying Gu
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • Empirical Bayes methods as envisioned by Herbert Robbins are becoming an essential element of the statistical toolkit. In Empirical Bayes: Tools, Rules, and Duals, Roger Koenker and Jiaying Gu offer a unified view of these methods. They stress recent computational developments for nonparametric estimation of mixture models, not only for the traditional Gaussian and Poisson settings, but for a wide range of other applications. Providing numerous illustrations where empirical Bayes methods are attractive, the authors give a detailed discussion of computational methods, enabling readers to apply the methods in new settings.

The Environmental Knowledge Commons
  • Cases and Lessons for Knowledge Sharing
  • Edited by Anjanette Raymond, Scott J. Shackelford, Jessica Steinberg, Michael Mattioli
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • Our natural environment constitutes a complex and dynamic global ecosystem that provides essential resources for well-being and survival. Yet the environment is also subject to unprecedented threats from human activities, such as climate change, pollution, habitat loss, biodiversity decline, and the overexploitation of natural resources. This volume argues that such complex, multidimensional challenges demand equally complex, multi-dimensional solutions and calls for coordinated, multi-stakeholder action at all scales, including governments, civil society, the private sector, and individuals. To meet the moment effectively, such interventions require both scientific knowledge about how the environment functions and social and institutional knowledge about the actors involved in environmental governance and management. Chapters include case studies of environmental knowledge collection, management, and sharing to explore how data and knowledge sharing can inform effective, multi-stakeholder action to combat global threats to our environment. This title is also available as Open Access on Cambridge Core.

Antitrust and Competition Policy
  • A New Foundation
  • Darryl Biggar, Alberto Heimler
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • Antitrust and competition laws are government regulations that seek to encourage competition by limiting the market power of firms. Some degree of monopolistic or market power has long been a feature of our economies and is most recognisable today through the activities of companies such as Google, Amazon, Meta, Microsoft and Apple. The concept of market power remains a central idea in fields such as industrial organization, the economics of regulation, competition law and competition policy, yet there is still much debate about how to define it and how to measure it. Antitrust and Competition Policy suggests a new approach for identifying market power and building on it sets out, for the first time, a sound, comprehensive economic foundation for competition law and policy. This framework sheds new light on a range of antitrust violations including the discernment of anti-competitive mergers, abusive practices and restrictive agreements.

Where's Coase?
  • The Implications of Economic Property Rights or Rent-Seeking in Forming Institutions
  • Gary D. Libecap
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • Ronald Coase's Nobel work outlined gains by reducing transaction costs and promoting property rights and markets to confront externalities. Countering market failure assertions and calls for centralized government intervention, Coase retorted that decentralized market negotiations could be welfare-improving by promoting collaborative, efficient problem solving, and releasing resources to the general economy. Despite this, his approach is not central to any US environmental law implemented after 1970. Federal government mandates dominate. Where's Coase? explains why. The private objectives of political agents lead to policies that are likely to be too costly and inequitable, despite provision of public goods. Citizens face high collective action costs and lack information to distinguish between public goods and private agent benefits. Examining three major environmental laws: the Clean Air Act, the Magnuson Stevens Fishery Act, and the Endangered Species Act, the book explores policy development and assesses the resulting costs relative to Coase's framework.
The Spatial Dimension In Environmental and Resource Economics

The Spatial Dimension In Environmental and Resource Economics
  • William Brock, Anastasios Xepapadeas
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • Although the spatial dimension is embedded in most issues studied by environmental and resource economics, its incorporation into economic models is not widespread. As a result, significant aspects of important problems remain hidden, which could lead to policy failures. This Element fills this gap by exploring how space can be integrated into environmental and resource economics. The emergence of spatial patterns in economic models through Turing's mechanism is explained and an extension of Pontryagin's maximum principle under spatial dynamics is provided. Examples of the use of spatial dynamics serve to illustrate why space matters in environmental policy design. Moreover, the differentiation of policy when spatial transport mechanisms are considered is made clear. The tools presented, along with their applications, provide foundations for future research in spatial environmental and resource economics in which the underlying spatial dimension – which is very real – is fully taken into account.
Resampling Asset Prices

Resampling Asset Prices
  • An Identity-Based Approach
  • Richard K. Crump, Nikolay Gospodinov
  • Coming soon
  • Expected online publication date:
    March 2026
    Print publication:
    31 March 2026
  • The authors introduce a novel bootstrap approach to resampling asset price data that can be used for both finite-maturity assets and equities. The key insight is that they bootstrap primitive objects with more appealing statistical properties to avoid resampling series with strong time-series and cross-sectional dependence. They then recover the original dependence structure in an internally consistent manner via definitional identities. Their bootstrap is nonparametric in nature and so avoids the common practice of committing to a tightly parameterized pricing model with explicit assumptions on the form of cross-sectional and time-series dependence. They demonstrate the appealing finite-sample properties of their bootstrap approach in a series of simulation experiments and empirical applications.

Central Banking and Sustainability
  • Edited by Kern Alexander, Seraina Grünewald
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • Sustainability matters increasingly affect and concern central banks around the globe, while the perception of what they are legally empowered to do may differ depending on the jurisdiction at hand. This volume systematically assesses the role of central banks in matters of sustainability from different perspectives in academia and central banking practice – some more favourable of a proactive engagement of central banks in sustainability policies, others more critical and vigilant of legal and legitimacy boundaries of such engagement. The methodological approaches the authors deploy include legal-doctrinal analysis, qualitative empirical analysis, and economic theory. The essays together provide a balanced assessment of the role central banks can and should play in sustainability matters, addressing legal aspects, legitimacy concerns, and concerns of interinstitutional balance as well as economic and operational considerations. The book covers both developed and developing economies, where central banks are already facing the dire consequences of the warming climate.

Monetary Policy Implementation
  • Stephen Williamson
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • Monetary policy implementation refers to the mechanism for interbank payments, the set of administered interest rates, and the strategy for central bank actions designed to achieve an intermediate monetary policy goal – for example a target for an overnight nominal interest rate. This piece shows the implications of the Poole model – a common framework used to articulate ideas about monetary policy implementation – for corridor and floor systems of monetary policy implementation. A general equilibrium Poole-type dynamic model is also studied, which shows where Poole-type analysis can go wrong. Given current interest in how large central bank balance sheets and floor systems matter, the author also analyzes a general equilibrium model of quantitative easing and discusses issues with quantitative easing and monetary policy.

High Rates and Low Taxes
  • Tax Dodging in Mid-Century America
  • Steven A. Bank
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • Amidst calls for a return to the high tax rates of the 1950s and 60s, this book examines the tax dodging that accompanied it. Lacking political will to lower the rate, Congress riddled the laws with loopholes, exemptions, and preferences, while largely accepting income tax chiseling's rise in American culture. The rich and famous openly invested in tax shelters and de-camped to exotic tax havens, executives revamped the compensation and retirement schemes of their corporations to suit their tax needs, and an industry of tax advisers developed to help the general public engage in their own form of tax dodging through exaggerated expense accounts, luxurious business travel on the taxpayer's dime, and self-help books on 'how the insider's get rich on tax-wise' investments. Tax dodging was a part of almost every restaurant bill, feature film, and savings account. It was literally woven into the fabric of society.

Introduction to Sustainability Transitions Research

Strategic Compensation and Talent Management
  • Lessons for Managers
  • 2nd edition
  • Jed DeVaro
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • Strategic Compensation and Talent Management is a modern guide for managers and students navigating the complexities of pay, incentives, and workforce strategy in today's dynamic business environment. Written in a clear, conversational style, it blends real-world insights with foundational theory and invites readers to step into the manager's role to solve practical problems around attracting, retaining, and motivating talent. Expanded from 15 to 21 chapters, this second edition adds new content on performance management, remote and hybrid work, AI-driven compensation, pay transparency and evolving workforce expectations. A robust visual toolkit – including new diagrams and frameworks – enhances conceptual clarity, and all 50 real-world case discussions are now hosted online to support flexible teaching and group learning. With practical 'lessons for managers' in every chapter and a rich suite of teaching resources – including test banks, syllabi, and case materials – this text is both a classroom asset and a professional reference.

Varieties of Peripheral Growth Models
  • Towards a New Comparative Political Economy of Development
  • Michael Schedelik, Christian May, Andreas Nölke, Daniel Mertens, Alexandre De Podestá Gomes, Tobias ten Brink
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • This Element seeks to develop an empirical research agenda that explores the applicability of the growth model perspective in comparative political economy to emerging capitalist economies (ECEs). Such an approach emphasizes the variety of possible growth models and their implications for development, providing an alternative to universalizing economic models as prevalent in mainstream development discourse. Using national accounts data for several large ECEs in the period from 2001 to 2022, the authors first propose a typology of peripheral growth models with varying degrees of economic vulnerability. Most notably, they add an investment-led model to the prevalent juxtaposition of consumption-led and export-led growth models. Subsequently, they employ several case vignettes from Brazil, Indonesia, South Africa, Turkey, Thailand and Vietnam to unpack the effects of volatile international interdependencies, such as commodity cycles, and diverse political underpinnings on peripheral growth models. This title is also available as open access on Cambridge Core.

Digitalisation, New Technologies and International Investment Law
  • Edited by Panagiotis Delimatsis, Georgios Dimitropoulos, Anastasios Gourgourinis
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • The objective of this edited volume is to explore the role that digitalisation and new technologies play in the law and practice relating to international investment. The traditional view of international investment law, focusing on physical movement of investors and greenfield establishment, is currently confronted by the increasing diffusion and varying use of technological advances around the world. Digital assets and digital services pose challenges to conventional conceptions of territorial nexus in investment protection. Utilisation of algorithms and artificial intelligence in investor–state dispute settlement (ISDS) is also not free of controversy when it comes to ensuring fair (and reasoned) outcomes and due process. Moreover, cybersecurity-related concerns exacerbate geopolitical fragmentation often negatively affect investment flows, both at the inward and at the outward levels. The contributors of this edited volume examine these and other related issues of contemporary investment law and critically reflect on how digitalisation and new technologies reshape the foundations of international investment law.
Developmental Dilemmas

Developmental Dilemmas
  • The Role of Power and Agency
  • William D. Ferguson
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • Why do well-meaning developmental policies fail? Power intervenes. Consider the recent collapse of the peace agreement between the Colombian government and FARC guerillas. Achieving inclusive development entails resolving collective-action problems of forging cooperation among agents with disparate interests and understandings. Resolution relies on developing functional informal and formal institutions. Powerful agents shape institutional evolution—because they can. This Element outlines a conceptual framework for policy-relevant inquiry. It addresses the concept of power-noting sources, instruments, manifestations, domains of operation, and strategic templates. After discussing leadership, following, and brokerage, it addresses institutional entrepreneurship. Institutional entrepreneurs develop narratives and actions to influence incentives and interpretations of social norms and identities: foundations of strategic interactions that shape institutional evolution. This approach facilitates inquiry into the roots and consequences of context-specific developmental dilemmas: background for developmental policy analysis. This title is also available as open access on Cambridge Core.
Environmental Economics in the Presence of Tipping Points

Environmental Economics in the Presence of Tipping Points
  • Aart de Zeeuw
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • Environmental economics is growing rapidly. It is simply not sufficient to consider consumption, production, and welfare in isolation from the natural environment. Integrating ecological systems in economic analysis requires to take the possible occurrence of tipping points or regime shifts into account. This Element focuses on two recent developments in environmental economics theory. One is economic management of ecological systems with tipping points, with the lake as the classical example. The other one is investigating the consequences of uncertain possible shocks to parameters in economic models, with the carrying capacity in a fishery and total factor productivity (due to climate tipping) in Ramsey growth as examples. This Element provides a precise account of the concepts, techniques, and results in the analysis of these models, which shows the effects of tipping and allows for other applications. This Element starts with a broader list of examples and management options.

Why the Rush?
  • An Institutional Economic Analysis of Homesteading and the Settlement of the West
  • Douglas W. Allen, Bryan Leonard
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • Establishing economic property rights is a ubiquitous human activity that is key to the creation of wealth. Why the Rush? combines economic and historical analysis to argue that the institution of homesteading, as established in the US through the Homestead Act of 1862, was a method to establish meaningful, economic property rights on the American frontier. It explains how homesteading rushed millions of people into specific areas, established a meaningful sovereignty without the use of military force and became the means by which the US Thwarted military and legal challenges. Using fine-grained data, along with a detailed theoretical analysis and exhaustive institutional content, this book makes a serious contribution to the study of economic property rights and institutions providing the definitive analysis of the economics of homesteading and its role in American economic history.
Gender Economics in the Global South

Gender Economics in the Global South
  • Olivia Bertelli
  • Coming soon
  • Expected online publication date:
    February 2026
    Print publication:
    28 February 2026
  • Despite past progress towards gender equality, recent trends reveal a stagnating - or even reversing - situation since 2019. According to recent estimates, full parity is to be reached in 134 years, shifting this achievement from 2030 to 2158. Women still exhibit worse conditions than men everywhere in the world, but the gender gaps are particularly stark in the global south. This Element provides an overview of cross-cutting edge research in the economics of gender inequality in the global south, while offering a snapshot of women's living conditions using recent worldwide available data. The evidence reviewed encompasses a large set of possible solutions to end gender inequality, from policy reforms to ban discriminatory practices and grant equal rights to men and women, to anti-poverty programs, as well as interventions facilitating women's access to formal education and the labor market. This title is also available as open access on Cambridge Core.

Page 2 of 6753