A Theory of Economic Growth 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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LA Croix, David De/ Michel, Philippe 作者

Cambridge Univ Pr

译者

2010-11 出版日期

398 页数

$ 45.19 价格

Pap

丛书系列

9780521001151 图书编码

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A Theory of Economic Growth 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Provides an in-depth treatment of the overlapping generations model in economics incorporating production. Chapter 1 investigates competitive equilibria and corresponding dynamics: existence and uniqueness of equilibrium, global dynamics of capital (including poverty traps), and various extensions of the model. Chapter 2 analyzes the optimality of allocations in this framework, using both the value function and marginal approaches. Optimality with unbounded growth is also analyzed. Policy issues including the Second Welfare Theorem, pensions, government spending, and optimal taxation, are discussed in chapter 3. The notion of public debt is introduced in chapter 4 and the sustainability of policies with budget deficits/surpluses is examined. The last chapter presents extensions of the model including altruism, education/human capital, and habit formation. Methodological emphasis is put on using general preferences and technologies, on the global study of dynamic aspects of the model, and on furnishing adequate tools to analyze policies involving inter-generational transfers.

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