Book Description(1996) J A MIRRLEES & W S VICKREY ? for their fundamental contributions to the economic theory of incentives under asymmetric information; (1997) R C MERTON & M A SCHOLES ? for a new method to determine the value of derivatives;(1998) A K SEN ? for his contributions to welfare economics; (1999) R A MUNDELL ?...

Almost a year after the European Central Bank (ECB) officially \"opened for business,\" this second major report in the Monitoring European Central Bank series provides a detailed analysis of the ECB\'s actions and alerts the public to the main issues raised by the policies pursued by the ECB during its first year....

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?...

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?...

How will the private sector react to different governmental policies? What policies will produce the most desirable outcomes?...