This review considers the most significant and contemporary literary contributions to the field of the economics of housing. It discusses articles that cover the housing market’s demand and supply whilst considering these factors’ interactions on real estate valuations, home ownership and wealth decisions. Literature focusing on the interfaces that occur from the dynamics of neighbourhoods and housing prices is analysed and the review delves into how housing markets and their modelling have attracted particular policy interest, such as rent control. Recent analyses of housing markets through a lens that emphasizes the importance of frictions, namely the Diamond-Mortensen-Pissarides (DMP) model is also extended upon. This review promises to be an informative read to scholars and academics who are immersed in this fascinating topic.
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This impressive research review discusses the most important contributions by some of the leading scholars in the field of poverty measurement. It analyses what constitutes poverty and associated poverty measures, as well as conceptual and empirical approaches to set poverty lines for both national and international settings. The papers discussed in this research review also discuss national and international income poverty measures, multidimensional poverty indices, and ways to capture poverty dynamics.
Nanak Kakwani and Hyun Hwa Son
This research review offers an insight to some of the most important questions economists and policymakers have been grappling over. A substantial amount of research has been carried out using cross-country regression models, resulting in a better and improved understanding of the linkage between economic growth and poverty reduction. The literature on cross-country regressions, however, has led to conflicting conclusions. Reconciling diverging messages makes it difficult to accurately inform policy-making. Based on a selection of influential papers, this volume provides a critical review of the literature. Scholars who envision a world free of extreme poverty will find this analysis particularly valuable.
What are people buying when they give money away? Is pure altruism possible? Who benefits from grants to charities and subsidies to givers? Is religious giving different? Which fundraising approaches ‘wok’, and is more charity always better? Questions like these make philanthropy and fundraising among the most dynamic research areas in economics today. This research review guides students and scholars from the time when giving was seen as ‘irrational’, to the present when economics has fully embraced the complex and fascinating challenges of understanding why self-interested people can be so unselfish.
Albert N. Link and John T. Scott
This research review illustrates the wide range of methodologies and methods available for the evaluation of public programs. All these methods address the benefits of the programs and most compare the benefits to costs, but the types of benefits and their measures vary greatly across the studies and across the different types of public programs. The key articles presented here explore these different approaches and offer many examples of actual evaluations of public programs across different public policy settings.
This book focuses on arrangements for redistributing consumption opportunities over the life cycle and for providing compensation for income losses or large expenditures due to reasons such as illness and unemployment. After extensive coverage of the nature of inequalities in income and wealth in a market economy, and various notions of social justice, the author discusses public and private transfers in cash or in kind related to old age, childhood, illness and the like. Importantly, the book takes into account both equity and efficiency aspects.
Ritualism and the New Pyramid
John Braithwaite, Toni Makkai and Valerie Braithwaite
This book is a major contribution to regulatory theory from three members of the world-class regulatory research group based in Australia. It marks a new development in responsive regulatory theory in which a strengths-based pyramid complements the regulatory pyramid.
Edited by Ruth Towse
Several of the authors question the efficacy of copyright, which is increasingly regarded as benefiting multinational organisations rather than individual authors and performers. Others are less critical of copyright per se, but question its ability to meet the new challenges of a digital era. Some of the specific issues covered include: law and international transactions of copyrighted material; economic analysis of copyright and freedom of expression; music licensing in the digital age; the role of copyright in stimulating cultural development; internet distribution of copyright material; and the problems of licensing museum images.