Handbook on Optimal Growth 1 PDF Download
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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.
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.
Author: Mukul Majumdar
Publisher: Springer
ISBN: 1349116963
Category : Business & Economics
Languages : en
Pages : 374
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Book Description
Over the last 40 years, Professor David Gale has played a leading role in developing two themes of fundamental importance to economic theory. As a tribute to his creative research, this volume contains contributions from some leading researchers who explore different directions in these areas.
Author: Fabio Zagonari
Publisher: Springer Nature
ISBN: 3031211820
Category : Political Science
Languages : en
Pages : 279
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Book Description
This book provides a summary of the main concepts involved in environmental ethics, sustainability and decisions and a consistent sequence of environmental ethics, sustainability and decisions. It presents many environmental ethics, by focusing on maximising welfare within teleological approaches and minimising inequalities within deontological approaches. It presents many sustainability paradigms, by focusing on weak sustainability to maximise welfare and strong sustainability to minimise inequalities. Two main decisions are presented by focusing on policies (taxes, standards, subsidies, permits, protected areas, exploitation rights) and projects (CBA) towards efficiency to maximise welfare and policies (national laws/regulations, bilateral/multilateral agreements) and projects (MCA) towards equity to minimise inequalities.
Author:
Publisher: MAC Prague consulting
ISBN: 8026021843
Category : Political Science
Languages : en
Pages : 532
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Book Description
Author: Edgardo Barandiarán
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 68
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Book Description
Author: Jochen Blath
Publisher: European Mathematical Society
ISBN: 9783037190722
Category : Mathematics
Languages : en
Pages : 270
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Book Description
The 33rd Bernoulli Society Conference on Stochastic Processes and Their Applications was held in Berlin from July 27 to July 31, 2009. It brought together more than 600 researchers from 49 countries to discuss recent progress in the mathematical research related to stochastic processes, with applications ranging from biology to statistical mechanics, finance and climatology. This book collects survey articles highlighting new trends and focal points in the area written by plenary speakers of the conference, all of them outstanding international experts. A particular aim of this collection is to inspire young scientists to pursue research goals in the wide range of fields represented in this volume.
Author: Yasuyuki Osumi
Publisher: Springer Nature
ISBN: 981970930X
Category :
Languages : en
Pages : 169
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Book Description
Author: David de la Croix
Publisher: Cambridge University Press
ISBN: 9780521001151
Category : Business & Economics
Languages : en
Pages : 400
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Book Description
This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.
Author: Weldon A. Lodwick
Publisher: Springer
ISBN: 3642139353
Category : Technology & Engineering
Languages : en
Pages : 535
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Book Description
Optimization is an extremely important area in science and technology which provides powerful and useful tools and techniques for the formulation and solution of a multitude of problems in which we wish, or need, to to find a best possible option or solution. The volume is divided into a coupe of parts which present various aspects of fuzzy optimization, some related more general issues, and applications.
Author: Mr.Marco Airaudo
Publisher: International Monetary Fund
ISBN: 1498343465
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
We explore the stability properties of interest rate rules granting an explicit response to stock prices in a New-Keynesian DSGE model populated by Blanchard-Yaari non-Ricardian households. The constant turnover between long-time stock holders and asset-poor newcomers generates a financial wealth channel where the wedge between current and expected future aggregate consumption is affected by the market value of financial wealth, making stock prices non-redundant for the business cycle. We find that if the financial wealth channel is sufficiently strong, responding to stock prices enlarges the policy space for which the rational expectations equilibrium is both determinate and learnable (in the E-stability sense of Evans and Honkapohja, 2001). In particular, the Taylor principle ceases to be necessary and also mildly passive policy responses to inflation lead to determinacy and E-stability. Our results appear to be more prominent in economies characterized by a lower elasticity of substitution across differentiated products and/or more rigid labor markets.
