Handbook Of Economy-wide Microeconomics: Theory, Applications, Tests And Extensions (In 4 Volumes)

This multi-volume set, based on an extensive and up-to-date study of the theoretical and empirical general equilibrium research, considers in depth, a number of pressing policy questions. These include: Is a carbon-tax a good policy response to climate change; should countries engage in unrestricted international trade; are lump-sum transfers of aid money the best policy response to poverty and underdevelopment; should countries have open borders when it comes to human migration; what are the best policy responses to global financial crises; are anti-trust policies worthwhile; are 'big-bang' or 'piecemeal reforms' the best approach to policy making; what are the best policies to deal with global pandemics; how should water be priced? The book concludes with directions for future research.