Golden Rules of Economic Growth
This volume of twelve interlocked essays in mathematical economics deals with a central problem of modern economic theory: the search for a path to an optimum level of economic growth. The meaning of the Golden Rule concept is thoroughly expounded, and certain analogues are presented to show that the fundamental notion of a commanding growth path is encountered even in models in which no pure and simple Golden Rule path exists. The Golden Rule concept is tested and applied to a number of theoretical formulations and then extended to several kinds of investment other than capital formation, as the author postulates a Golden Rule of Research, a…
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Produktdetails
- ISBN: 978-0-393-33056-4
- EAN: 9780393330564
- Produktnummer: 2711102
- Verlag: W W Norton & Co
- Sprache: Englisch
- Erscheinungsjahr: 1966
- Seitenangabe: 208 S.
- Masse: H21.6 cm x B14.0 cm x D1.2 cm 268 g
- Gewicht: 268
40 weitere Werke von Edmund S. Phelps:
International Economic Interdependence, Patterns of Trade Balances and Economic Policy Coordination
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