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The Lipsey Lectures, delivered every two years, offer a forum for leading scholars to reflect upon their research. Lipsey lecturers, chosen from among professional economists approaching the height of their careers, will have recently made key contributions at the frontier of any field of theoretical or applied economics. The emphasis is on novelty, originality and relevance to an understanding of the modern world. It is expected, therefore, that each volume in the series will become a core source for graduate students and an inspiration for further research.The lecture series is named after Richard G. Lipsey, the founding professor of economics at the University of Essex. Professor Lipsey instilled at Essex a commitment to explore challenging
issues in applied economics, grounded in formal economic theory, the predictions of which were to be subjected to rigorous testing, thereby illuminating important policy debates. This approach remains central to economic research at Essex and an inspiration for members of the Department of Economics. In recognition of Richard Lipsey's early vision for the Department, and in continued pursuit of its mission of academic excellence, the Department of Economics is pleased to organize the lecture series, with support from Oxford University Press. Standing orders To place a standing order to receive titles from this series as they are published, please contact: Standing Orders Oxford University Press,
Distribution Services North Kettering Business Park, Hipwell Road, Kettering, Northamptonshire Great Britain NN14 1UA Tel: +44 (0) 1536 452651 Fax: +44 (0) 1536 313476 email: standingorders.uk@oup.com
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