Książka Technical Progress and Economic Growth Franco Nardini

Technical Progress and Economic Growth

Business Cycles and Stabilization Policies

Język: Angielski
Oprawa: Miękka
Dostępność: Dostępna u dostawcy
Wysyłamy za 5-8 dni
215.37
The book revisits the subject matter of macroeconomic theory in a two-sector disequilibrium model in...

Informacje o książce

Język
Angielski
Oprawa
Książka - Miękka
Data wydania
2001
strony
194
EAN
9783540415961
ISBN
3540415963
Enbook ID
02172618
Waga
338
Wymiary
155 x 235 x 13

Pełny opis

The book revisits the subject matter of macroeconomic theory in a two-sector disequilibrium model inspired by the structural theories of the business cycle developed by Tugan-Baranowski, Aftalion, Fanno, and Lowe. The functioning of each market is modeled following Hicks: the features of each market depend on the characteristics of the goods traded. In this framework, endogenous irregular business cycles arise. The issues of the impact of technical progress and the effectiveness of a stabilizing fiscal policy are thoroughly discussed. The book concludes with a discussion of all of these problems in a case of open economy.

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