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Cargando... Growth Theory: An Expositionpor Robert M. Solow
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Inscríbete en LibraryThing para averiguar si este libro te gustará. Actualmente no hay Conversaciones sobre este libro. A masterful exposition on the theory of economic growth, chalk full of intuition and policy relevance, but intended for a professional audience (graduate training in economics). The first half deals with "exogenous" growth models, work for which the author received a Nobel Prize, and the second half with endogenous growth theory. Solow uses the Domar equation as a unifying theme throughout the chapters and explains clearly the key assumption underlying all of the models of endogenous growth. ( ) sin reseñas | añadir una reseña
From Nobel Laureate Robert M. Solow comes this Second Edition of his classic text, Growth Theory, to which he has added six new chapters. The book begins with the author's Nobel Prize Lecture "Growth Theory and After" (1987) followed by the six, original chapters of the First Edition. Theauthor maintains that basic growth theory is still best summarized in these chapters.The publication of the First Edition in 1970 coincided with a worldwide productivity slowdown; during that time very little work occurred on growth theory. It wasn't until the 1980s that a surge of new research appeared, including the work of Roemer, Lucas, Grossman/Helpman, Aghion, and Howitt. Thesecond half of the book deals with this relatively recent surge, often referred to as "the new endogenous growth theory." As a bridge to the six new chapters, Solow includes an essay entitled "Intermezzo" in which he discusses this transition. The author recasts his model to help the reader comparethe relationships among all models; for reasons made explicit in the book, he deals with "AK" theory, convergence, and international cross-section studies rather tersely. The author concludes by drawing some lessons from the new growth theory and suggests where gaps may be filled in future research.Although Solow disagrees strongly with much of the recent research, he is quick to acknowledge some of its outstanding contributions.This Second Edition is essential reading for graduate courses in macroeconomics as well as courses on growth theory at both undergraduate and graduate levels. No other book provides this broad overview of the whole field and its evolution. No se han encontrado descripciones de biblioteca. |
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Google Books — Cargando... GénerosSistema Decimal Melvil (DDC)338.9Social sciences Economics Production Economic Development And GrowthClasificación de la Biblioteca del CongresoValoraciónPromedio:
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