Stability Properties in a Growth Model PDF Download
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Author: Alessandra Pelloni
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 28
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Book Description
Author: Alessandra Pelloni
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 28
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Book Description
Author: John Stachurski
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Bjarne S. Jensen
Publisher: Springer Science & Business Media
ISBN: 9401110360
Category : Mathematics
Languages : en
Pages : 358
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Book Description
Two central problems in the pure theory of economic growth are analysed in this monograph: 1) the dynamic laws governing the economic growth processes, 2) the kinematic and geometric properties of the set of solutions to the dynamic systems. With allegiance to rigor and the emphasis on the theoretical fundamentals of prototype mathematical growth models, the treatise is written in the theorem-proof style. To keep the exposition orderly and as smooth as possible, the economic analysis has been separated from the purely mathematical issues, and hence the monograph is organized in two books. Regarding the scope and content of the two books, an "Introduction and Over view" has been prepared to offer both motivation and a brief account. The introduc tion is especially designed to give a recapitulation of the mathematical theory and results presented in Book II, which are used as the unifying mathematical framework in the analysis and exposition of the different economic growth models in Book I. Economists would probably prefer to go directly to Book I and proceed by consult ing the mathematical theorems of Book II in confirming the economic theorems in Book I. Thereby, both the independence and interdependence of the economic and mathematical argumentations are respected.
Author: F.H. Hahn
Publisher: Springer
ISBN: 134915430X
Category : Business & Economics
Languages : en
Pages : 289
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Book Description
Author: Paolo Mattana
Publisher: Routledge
ISBN: 1351144944
Category : Business & Economics
Languages : en
Pages : 183
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Book Description
Using state of the art mathematical techniques this book provides a complete characterization of the Uzawa-Lucas growth model. In his path-breaking contribution on the 'Mechanics of Economic Growth' Lucas suggested that human capital is the key variable through which technical change is most likely to occur and (by taking some initial intuitions of Uzawa a step further) proposed a two-sector capital accumulation growth model where human capital is allowed to enter a neo-classical-style production structure in multiplicative terms. In this book Paolo Mattana fully explores the dynamic possibilities of the model from both the market and the centralized perspective. A critical evaluation of the inefficiency in the market economy is also provided.
Author: Pasquale Sgro
Publisher: Routledge
ISBN: 1317527860
Category : Business & Economics
Languages : en
Pages : 162
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Book Description
This book, which was first published in 1980, is concerned with one particular branch of growth theory, namely descriptive growth theory. It is typically assumed in growth theory that both the factors and goods market are perfectly competitive. In particular this implies amongst other things that the reward to each factor is identical in each sector of the economy. In this book the assumption of identical factor rewards is relaxed and the implications of an intersectoral wage differential for economic growth are analysed. There is also some discussion on the short-term and long-run effects of minimum wage legislation on growth. This book will serve as key reading for students of economics.
Author: Alban William Housego Phillips
Publisher: Cambridge University Press
ISBN: 0521571359
Category : Biography & Autobiography
Languages : en
Pages : 535
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Book Description
Virtually all of contemporary macroeconomics is underpinned by a Phillips curve of one variety or another; yet most of this literature displays a curious neglect of the theoretical dynamic stabilisation perspective provided by A. W. H. Phillips. This 2000 volume collected for the first time the major work of one of the great economists, integrating Phillips's empirical work with his theoretical contribution. In addition to twelve substantive chapters, twenty-nine economists including Lawrence Klein, James Meade, Thomas Sargent, Peter Phillips, David Hendry, William Baumol, Richard Lipsey and Geoffrey Harcourt highlight and interpret Phillips's ongoing influence. This volume also contains six of Phillips's previously unpublished essays, four of which were thought to have been lost. The fifth such essay (Phillips's second empirical Phillips curve) was previously an informal working paper of which few copies circulated, and the sixth essay is a forerunner of the Lucas Critique written by Phillips shortly before his death.
Author: Carl Chiarella
Publisher: Cambridge University Press
ISBN: 9780521643511
Category : Business & Economics
Languages : en
Pages : 318
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Book Description
This text shows for the first time that macrodynamics can be developed and investigated systematically.
Author: Malcolm Haddon
Publisher: CRC Press
ISBN: 1482285681
Category : Mathematics
Languages : en
Pages : 452
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Book Description
With numerous real-world examples, Modelling and Quantitative Methods in Fisheries, Second Edition provides an introduction to the analytical methods used by fisheries’ scientists and ecologists. By following the examples using Excel, readers see the nuts and bolts of how the methods work and better understand the underlying principles. Excel workbooks are available for download from CRC Press website. In this second edition, the author has revised all chapters and improved a number of the examples. This edition also includes two entirely new chapters: Characterization of Uncertainty covers asymptotic errors and likelihood profiles and develops a generalized Gibbs sampler to run a Markov chain Monte Carlo analysis that can be used to generate Bayesian posteriors Sized-Based Models implements a fully functional size-based stock assessment model using abalone as an example This book continues to cover a broad range of topics related to quantitative methods and modelling. It offers a solid foundation in the skills required for the quantitative study of marine populations. Explaining important and relatively complex ideas and methods in a clear manner, the author presents full, step-by-step derivations of equations as much as possible to enable a thorough understanding of the models and methods.
Author: Malcolm Haddon
Publisher: CRC Press
ISBN: 1439894175
Category : Mathematics
Languages : en
Pages : 452
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Book Description
With numerous real-world examples, Modelling and Quantitative Methods in Fisheries, Second Edition provides an introduction to the analytical methods used by fisheries' scientists and ecologists. By following the examples using Excel, readers see the nuts and bolts of how the methods work and better understand the underlying principles. Excel workb
