A Two-sector Model of Endogenous Growth with Leisure
Author | : Antonio Ladrón de Guevara |
Publisher | : |
Total Pages | : 56 |
Release | : 1995 |
Genre | : Economic development |
ISBN | : |
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Author | : Antonio Ladrón de Guevara |
Publisher | : |
Total Pages | : 56 |
Release | : 1995 |
Genre | : Economic development |
ISBN | : |
Author | : Kazuo Mino |
Publisher | : Springer |
Total Pages | : 240 |
Release | : 2017-07-11 |
Genre | : Business & Economics |
ISBN | : 4431556095 |
Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules. The book also considers equilibrium indeterminacy in open economy models.
Author | : Antonio Ladrón de Guevara |
Publisher | : |
Total Pages | : 92 |
Release | : 1994 |
Genre | : Economic development |
ISBN | : |
Author | : Michele Boldrin |
Publisher | : Edward Elgar Publishing |
Total Pages | : 328 |
Release | : 2004-01-01 |
Genre | : Business & Economics |
ISBN | : 9781782542001 |
Human Capital, Trade and Public Policy in Rapidly Growing Economies argues that only two centuries ago, no society had ever enjoyed sustained growth in living standards. The contributors to this book aim to discover why the world today exhibits a predilection for perpetual self-improvement. In particular, the book focuses on the forces underlying long-lasting growth in East Asia's Newly Industrialized Countries (NICs). Drawing from the experiences of Hong Kong, South Korea, Singapore and Taiwan, it questions whether public policy can contribute to removing barriers towards accumulation of wealth, and if so, what development policy should be put in place to remedy the existing distortions or market failure problems.
Author | : John Stachurski |
Publisher | : Springer Science & Business Media |
Total Pages | : 454 |
Release | : 2012-01-25 |
Genre | : Business & Economics |
ISBN | : 3642223974 |
Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.
Author | : L. A. Finley |
Publisher | : Nova Publishers |
Total Pages | : 302 |
Release | : 2006 |
Genre | : Business & Economics |
ISBN | : 9781594545689 |
Considering the new possibilities offered by endogenous growth models and the improvement of data information, new variables have been introduced in the analysis of economic growth. But in spite of this important effort to develop a wider and more complete perspective of economic growth process, other kinds of relations and factors must be included. And this is the main goal of this book. In the next chapters, authors analyse a set of variables or factors that the new perspective of the economic growth must include and the canonical models don't consider. The goal is to show that there are not only quantitative but also qualitative variables and factors that are growth enhancing. Traditionally, for instance, literature has studied the effects of income distribution on growth, but it does not consider environmental constraints in the process. Or it is important to consider the effects of social capital not just physical capital or human capital on the economic growth process. The role of the institutions is very important in this area. Therefore, the authors determine the effects of these variables on economic growth process and show new possibilities to the policy makers in the design of their economic policies.
Author | : |
Publisher | : |
Total Pages | : 1490 |
Release | : 1999 |
Genre | : Canada |
ISBN | : |
A general interest journal in economics.