This series spans the globe presenting leading research in economics. It is perhaps a sign of the times that economic weapons such as sanctions seem to be as powerful as or more so than tanks. International applications and examples of economic progress are invaluable in a troubled world with economic booms bursting like so many penny balloons. Globalisation, outstanding and jobless recoveries present economic issues of concern to millions.

Zusammenfassung
International applications and examples of economic progress are invaluable in a troubled world with economic booms bursting like so many penny balloons. Globalisation, outstanding and jobless recoveries present economic issues of concern to millions. This title presents research in economics.

Inhalt
Preface; Consumer Spending by Older Americans, 1985 to 2005; Asset Bubbles: Economic Effects and Policy Options for the Federal Reserve; Economic Growth and the Business Cycle: Characteristics, Causes, and Policy Implications; American's Growing Trade Deficit: Its Cause and What It Means for the Economy; Automatic Cost of Living Adjustments: Some Economic and Practical Considerations; Discretionary Spending: Prospects and History; Federal Reserve Interest Rate Changes: 2000-2007; Economic Issues Surrounding the Estate and Gift Tax: A Brief Summary; Index.