Economic Growth and Macroeconomic Dynamics : Recent Developments in Economic Theory

Rohan Pitchford

ISBN 10: 0521049423 / ISBN 13: 9780521049429

Published by Cambridge University Press, 2008

About this Item

Druck auf Anfrage Neuware - Printed after ordering - 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 concerns of the literature on growth and dynamics: the statistical properties of underlying data and the effort to ensure that growth models are consistent with empirical evidence. Third, it discusses the increasingly international focus of macrodynamics and growth theory, an inevitable consequence of the integration of the world economy.

Seller Inventory # 9780521049429

Bibliographic Details

• Title: Economic Growth and Macroeconomic Dynamics : Recent Developments in Economic Theory
• Publisher: Cambridge University Press
• Publication Date: 2008
• Language: English
• ISBN 10: 0521049423
• ISBN 13: 9780521049429
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 229W x 152H x 12D millimeters 229 millimeters width by 152 millimeters height by 12 millimeters depth
• Weight: 298 grams

About this title

Synopsis

This book brings together contributions in growth theory and macroeconomic dynamics that reflect more recent developments in the ongoing debate over the relative merits of neoclassical and endogenous growth models. It focuses on three important areas that have been receiving increasing attention: theoretical aspects, numerical and statistical aspects, and international issues.

Book Description

This book brings together a number of contributions in growth theory and macroeconomic dynamics that reflect these more recent developments and the ongoing debate over the relative merits of neoclassical and endogenous growth models. It focuses on three important aspects that have been receiving increasing attention.