Further Results on Existence and Characterization of Optimal Growth Paths

Further Results on Existence and Characterization of Optimal Growth Paths PDF Author: Graciela Chichilnisky
Publisher:
ISBN:
Category :
Languages : en
Pages : 32

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Further Results on Existence and Characterization of Optimal Growth Paths

Further Results on Existence and Characterization of Optimal Growth Paths PDF Author: Graciela Chichilnisky
Publisher:
ISBN:
Category :
Languages : en
Pages : 32

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Book Description


Handbook on Optimal Growth 1

Handbook on Optimal Growth 1 PDF Author: Rose-Anne Dana
Publisher: Springer Science & Business Media
ISBN: 3540323104
Category : Business & Economics
Languages : en
Pages : 489

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Book Description
The problem of efficient or optimal allocation of resources is a fundamental concern of economic analysis. This book provides surveys of significant results of the theory of optimal growth, as well as the techniques of dynamic optimization theory on which they are based. Armed with the results and methods of this theory, a researcher will be in an advantageous position to apply these versatile methods of analysis to new issues in the area of dynamic economics.

The Collected Scientific Work of David Cass

The Collected Scientific Work of David Cass PDF Author: Stephen E. Spear
Publisher: Emerald Group Publishing
ISBN: 0857246437
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Consists of the work David Cass completed after leaving Carnegie Mellon for the University of Pennsylvania's Economics Department (where he remained for the rest of his career).

Interpreting Classical Economics

Interpreting Classical Economics PDF Author: Heinz Kurz
Publisher: Routledge
ISBN: 1134087829
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
First Published in 2007. Routledge is an imprint of Taylor & Francis, an informa company.

Nonlinear Dynamics in Equilibrium Models

Nonlinear Dynamics in Equilibrium Models PDF Author: John Stachurski
Publisher: Springer Science & Business Media
ISBN: 3642223974
Category : Business & Economics
Languages : en
Pages : 454

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Book Description
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.

Mathematics of Operations Research

Mathematics of Operations Research PDF Author:
Publisher:
ISBN:
Category : Mathematics
Languages : en
Pages : 748

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General Equilibrium, Growth, and Trade

General Equilibrium, Growth, and Trade PDF Author: Jerry R. Green
Publisher: Academic Press
ISBN: 1483271455
Category : Business & Economics
Languages : en
Pages : 422

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Book Description
General Equilibrium, Growth, and Trade: Essays in Honor of Lionel McKenzie provides information pertinent to the three main areas of Professor McKenzie's scientific research, namely, international trade, economic growth, and general equilibrium theory. This book highlights the main aspects of McKenzie's work. Organized into three parts encompassing 21 chapters, this book begins with an overview of the regularizing effects of aggregation over nonregular microrelations. This text then examines the theory of a multiperiod monopolist incurring nonseparable labor adjustment costs, which is developed when investment is irreversible. Other chapters consider the behavior of a price-maker in a competitive market as a preliminary step to a more complete analysis of pure competition. This book discusses as well the effects of uncertainty on optimal decisions, which constitutes an increasingly essential area of economic research. The final chapter deals with the general equilibrium macroeconomic model. This book is a valuable resource for economists and economic theorists.

Introduction to Modern Economic Growth

Introduction to Modern Economic Growth PDF Author: Daron Acemoglu
Publisher: Princeton University Press
ISBN: 1400835771
Category : Business & Economics
Languages : en
Pages : 1009

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Book Description
Introduction to Modern Economic Growth is a groundbreaking text from one of today's leading economists. Daron Acemoglu gives graduate students not only the tools to analyze growth and related macroeconomic problems, but also the broad perspective needed to apply those tools to the big-picture questions of growth and divergence. And he introduces the economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous but easy to follow manner. After covering the necessary background on dynamic general equilibrium and dynamic optimization, the book presents the basic workhorse models of growth and takes students to the frontier areas of growth theory, including models of human capital, endogenous technological change, technology transfer, international trade, economic development, and political economy. The book integrates these theories with data and shows how theoretical approaches can lead to better perspectives on the fundamental causes of economic growth and the wealth of nations. Innovative and authoritative, this book is likely to shape how economic growth is taught and learned for years to come. Introduces all the foundations for understanding economic growth and dynamic macroeconomic analysis Focuses on the big-picture questions of economic growth Provides mathematical foundations Presents dynamic general equilibrium Covers models such as basic Solow, neoclassical growth, and overlapping generations, as well as models of endogenous technology and international linkages Addresses frontier research areas such as international linkages, international trade, political economy, and economic development and structural change An accompanying Student Solutions Manual containing the answers to selected exercises is available (978-0-691-14163-3/$24.95). See: http://press.princeton.edu/titles/8970.html. For Professors only: To access a complete solutions manual online, email us at: [email protected]

Advanced Lectures in Quantitative Economics

Advanced Lectures in Quantitative Economics PDF Author: Frederick van Der Ploeg
Publisher: Academic Press
ISBN: 148327036X
Category : Business & Economics
Languages : en
Pages : 649

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Book Description
Advanced Lectures in Quantitative Economics summarizes some of the efforts of a second-phase program for first-rate candidates with a Master's degree in economics who wish to continue with a doctoral degree in quantitative economics. This book is organized into three main topics—macroeconomics, microeconomics, and econometrics. This text specifically discusses the Neo-Keynesian macroeconomics in an open economy, international coordination of monetary policies under alternative exchange-rate regimes, and prospects for global trade imbalances. The post-war developments in labor economics, introduction to overlapping generation models, and measurement of expectations and direct tests of the REH are also elaborated. This monograph likewise covers the dynamic econometric modeling of decisions under uncertainty and fundamental bordered matrix of linear estimation. This publication is a good reference for students and specialists interested in quantitative economics.

Studies in Macroeconomic Theory

Studies in Macroeconomic Theory PDF Author: Edmund S. Phelps
Publisher: Academic Press
ISBN: 148327103X
Category : Business & Economics
Languages : en
Pages : 373

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Book Description
Studies in Macroeconomic Theory, Volume 2: Redistribution and Growth is a compendium of scholarly papers on the behavior and public control of distribution and growth in the market economy. The papers in this volume focus on the subject of public finance under the broad theory of economic policy. The papers are grouped into five groups or sections. Part I covers the steady-state choices. The second part takes up the efficient use of a given volume of saving in the choice among national investments. Part III explores the alternative approaches to optimal national saving. Part IV discusses the maximin-optimal graduated taxation of wage income. The final section expounds on Rawls's vision of the just economy. Economists will find the text invaluable and insightful.