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Introduction -- A Brief Survey of the Literature -- The Closed Economy: The Solow Model -- Overlapping Generations -- Infinite Horizon -- The Small Open Economy: The Solow Model -- Overlapping Generations -- Two Countries: The Solow Model -- Synopsis -- Conclusion -- Result
Persistent link: https://www.econbiz.de/10014016345
This monograph is devoted to the analysis of the dynamics of business cycles and stabilization policies. The analysis is conducted in models of the AS-AD type, focusing on involuntary unemployment and capital accumulation. Major conclusions are the following. (1) Sectoral imbalances, once...
Persistent link: https://www.econbiz.de/10012398214
Introduction and Overview -- Part One–International Trade Theory -- The Origins of Trade Theory -- The Ricardian Trade …
Persistent link: https://www.econbiz.de/10014016856
This volume explores intergenerational practices and their impact on social sustainability, with an emphasis on developing programmatic efforts to address profound social challenges such as underperforming educational and work-related systems, failing support systems for dependent or vulnerable...
Persistent link: https://www.econbiz.de/10012396313
Today, the most pressing challenges for public economics are of macroeconomic nature: pensions, debt, income distribution, and fiscal sustainability. All these problems are compounded by the phenomenon of demographic transition and aging. This graduate textbook addresses these issues with the...
Persistent link: https://www.econbiz.de/10012397071
policy, and political economy. The book merges macroeconomic growth models with elements of political economic theory to …
Persistent link: https://www.econbiz.de/10012397691
Persistent link: https://www.econbiz.de/10013521065
This book presents a new computational approach to solving large-scale Auerbach-Kotlikoff Overlapping Generations (OLG) models in a complementarity format. Unlike with integrated solution methods, the proposed decomposition algorithm allows for the solution of multi-regional and multi-sectoral...
Persistent link: https://www.econbiz.de/10013521155
Progress -- 4 Economic Growth and Public Debt in the World Economy -- 5 "New" Growth Theory and Knowledge Externalities in … rich countries and policies to mitigate climate change are explored . The first part starts from the “old” growth theory … and bridges to the “new” growth theory (including R&D and human capital approaches). The second part presents an …
Persistent link: https://www.econbiz.de/10014016473
The book introduces the New Keynesian framework, historically through a literature overview and through a step-by-step derivation of a New Keynesian Phillips curve, an intertemporal IS curve, and a targeting rule for the central bank. This basic version is then expanded by introducing cost and...
Persistent link: https://www.econbiz.de/10014020852