Economic Growth and Macroeconomic Dynamics
Recent Developments in Economic Theory
The development of the endogenous growth model rekindled interest in growth theory. In contrast to the neo-classical model, long-run endogenous growth emerged as an equilibrium outcome, reflecting the behaviour of optimizing agents in the economy. This book brings together a number of contributions in growth theory and macroeconomic dynamics, reflecting these developments and the ongoing debate over the relative merits of neo-classical and endogenous growth models. It focuses on the emergence of three important aspects: First, it develops growth models that extend the underlying theory in different directions. Second, it addresses one of the…
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Produktdetails
- ISBN: 978-0-511-19258-6
- EAN: 9780511192586
- Produktnummer: 13813359
- Verlag: Cambridge University Press
- Sprache: Englisch
- Erscheinungsjahr: 2004
- Seitenangabe: 0 S.
- Plattform: PDF
- Masse: 831 KB
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