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The Second Edition has been rewritten to provide additional coverage of topics such as urban development and third world cities as well as social issues including homelessness, jobs/housing mismatch and transportation disadvantages. It has also been updated with 1990 Census data.
In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.
February issue includes Appendix entitled Directory of United States Government periodicals and subscription publications; September issue includes List of depository libraries; June and December issues include semiannual index.
This paper studies changes in the transmission of common versus sectoral idiosyncratic shocks across different U.S. nonfarm business sectors during the Great Recession, and evaluates the cross-sectoral spillovers. Shocks are identified by dynamic factor methods. We find that the Great Recession is largely a time of heightened impact of common shocks— which accounts for 3/4 of aggregate volatility—and large spillovers of negative financerelated shocks. Moreover, in contrast with the earlier literature that failed to find a significant role of sectoral shocks (propagated through the input-output linkages across sectors) in driving variability in aggregate industry output, this study allows spillovers of shocks to operate through other mechanisms intertemporally. We find that prior to the recession the majority of aggregate fluctuations is explained by sector-specific shocks.
The Lusaka CRFS assessment helped to identify gaps to be bridged and bottlenecks to be opened to create more resilient and inclusive food systems within the Lusaka City Region, and in long term to make the CRFS more sustainable and resilient, and improve the livelihoods of rural and urban dwellers in the city region. It gives special attention to the challenges of how to improve production capacities, access to inputs, sustainability of production practices and market access for the smallholder farmers in urban, peri-urban and rural areas in the city region, with a specific focus on fruit and vegetable value chains. The assessment examined current and future constraints affecting the local and regional food value chain. It used local knowledge to help analyse and prioritize these constraints and explore new ideas to strengthen the sustainability and performance of the food system.
DYNAMIC DUO characterizes two best friends who met in 1996 as strangers, worked unitedly as business partners, and now celebrating 25 years of their friendship. The book holds plentiful emotions that the duo has come across through their friendship journey. Friends for a lifetime, Sang and Vini have passed all levels of friendship and have proved the deep association that sets a benchmark for those who look ahead to following them. The book will take you through some old-school flashes and stir your spirit with their struggles and accomplishments.The book states a few one-liner quotes with hashtags TCC that defines, “The coiled chronicles.” Some situations in life need no significant mention. Just one convincing line is enough to express the feeling. The chronicles introduced in the book are one-liners written by the author on her writing page. You can find her social handle as Happy-Go-Lucky Mantras.This book is an astonishment to my best friend to mark the 25th year of our friendship adventure. I crave to tell her how she has impacted my life and made me the unusual person I am today. This transformation has resulted in building other beautiful relations of my life that she always supported! - VINI