A theory of economic growth: dynamics and policy in overlapping generations
Provides an in-depth treatment of the overlapping generations model in economics incorporating production. Chapter 1 investigates competitive equilibria and corresponding dynamics: existence and uniqueness of equilibrium, global dynamics of capital (including poverty traps), and various extensions o...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2002
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| Schlagworte: | |
| Online-Zugang: | BSB01 UBG01 URL des Erstveröffentlichers |
| Zusammenfassung: | Provides an in-depth treatment of the overlapping generations model in economics incorporating production. Chapter 1 investigates competitive equilibria and corresponding dynamics: existence and uniqueness of equilibrium, global dynamics of capital (including poverty traps), and various extensions of the model. Chapter 2 analyzes the optimality of allocations in this framework, using both the value function and marginal approaches. Optimality with unbounded growth is also analyzed. Policy issues including the Second Welfare Theorem, pensions, government spending, and optimal taxation, are discussed in chapter 3. The notion of public debt is introduced in chapter 4 and the sustainability of policies with budget deficits/surpluses is examined. The last chapter presents extensions of the model including altruism, education/human capital, and habit formation. Methodological emphasis is put on using general preferences and technologies, on the global study of dynamic aspects of the model, and on furnishing adequate tools to analyze policies involving inter-generational transfers |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Beschreibung: | 1 online resource (xvii, 378 pages) |
| ISBN: | 9780511606434 |
| DOI: | 10.1017/CBO9780511606434 |
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| 500 | |a Title from publisher's bibliographic system (viewed on 05 Oct 2015) | ||
| 520 | |a Provides an in-depth treatment of the overlapping generations model in economics incorporating production. Chapter 1 investigates competitive equilibria and corresponding dynamics: existence and uniqueness of equilibrium, global dynamics of capital (including poverty traps), and various extensions of the model. Chapter 2 analyzes the optimality of allocations in this framework, using both the value function and marginal approaches. Optimality with unbounded growth is also analyzed. Policy issues including the Second Welfare Theorem, pensions, government spending, and optimal taxation, are discussed in chapter 3. The notion of public debt is introduced in chapter 4 and the sustainability of policies with budget deficits/surpluses is examined. The last chapter presents extensions of the model including altruism, education/human capital, and habit formation. Methodological emphasis is put on using general preferences and technologies, on the global study of dynamic aspects of the model, and on furnishing adequate tools to analyze policies involving inter-generational transfers | ||
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Datensatz im Suchindex
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| author | La Croix, David de |
| author_facet | La Croix, David de |
| author_role | aut |
| author_sort | La Croix, David de |
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| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9780511606434 |
| format | Electronic eBook |
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| indexdate | 2024-07-10T07:38:43Z |
| institution | BVB |
| isbn | 9780511606434 |
| language | English |
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| spelling | La Croix, David de Verfasser aut A theory of economic growth dynamics and policy in overlapping generations David de la Croix, Philippe Michel Cambridge Cambridge University Press 2002 1 online resource (xvii, 378 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) Provides an in-depth treatment of the overlapping generations model in economics incorporating production. Chapter 1 investigates competitive equilibria and corresponding dynamics: existence and uniqueness of equilibrium, global dynamics of capital (including poverty traps), and various extensions of the model. Chapter 2 analyzes the optimality of allocations in this framework, using both the value function and marginal approaches. Optimality with unbounded growth is also analyzed. Policy issues including the Second Welfare Theorem, pensions, government spending, and optimal taxation, are discussed in chapter 3. The notion of public debt is introduced in chapter 4 and the sustainability of policies with budget deficits/surpluses is examined. The last chapter presents extensions of the model including altruism, education/human capital, and habit formation. Methodological emphasis is put on using general preferences and technologies, on the global study of dynamic aspects of the model, and on furnishing adequate tools to analyze policies involving inter-generational transfers Wirtschaftsentwicklung Wirtschaftspolitik Macroeconomics Economic development Economic policy Generational accounting Dynamische Makroökonomie (DE-588)4200428-7 gnd rswk-swf Makroökonomie (DE-588)4037174-8 gnd rswk-swf Mehrgenerationenmodell (DE-588)4215762-6 gnd rswk-swf Wachstumstheorie (DE-588)4128160-3 gnd rswk-swf Makroökonomie (DE-588)4037174-8 s Mehrgenerationenmodell (DE-588)4215762-6 s 1\p DE-604 Dynamische Makroökonomie (DE-588)4200428-7 s 2\p DE-604 Wachstumstheorie (DE-588)4128160-3 s 3\p DE-604 Michel, Philippe Sonstige oth Erscheint auch als Druckausgabe 978-0-521-00115-1 Erscheint auch als Druckausgabe 978-0-521-80642-8 https://doi.org/10.1017/CBO9780511606434 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | La Croix, David de A theory of economic growth dynamics and policy in overlapping generations Wirtschaftsentwicklung Wirtschaftspolitik Macroeconomics Economic development Economic policy Generational accounting Dynamische Makroökonomie (DE-588)4200428-7 gnd Makroökonomie (DE-588)4037174-8 gnd Mehrgenerationenmodell (DE-588)4215762-6 gnd Wachstumstheorie (DE-588)4128160-3 gnd |
| subject_GND | (DE-588)4200428-7 (DE-588)4037174-8 (DE-588)4215762-6 (DE-588)4128160-3 |
| title | A theory of economic growth dynamics and policy in overlapping generations |
| title_auth | A theory of economic growth dynamics and policy in overlapping generations |
| title_exact_search | A theory of economic growth dynamics and policy in overlapping generations |
| title_full | A theory of economic growth dynamics and policy in overlapping generations David de la Croix, Philippe Michel |
| title_fullStr | A theory of economic growth dynamics and policy in overlapping generations David de la Croix, Philippe Michel |
| title_full_unstemmed | A theory of economic growth dynamics and policy in overlapping generations David de la Croix, Philippe Michel |
| title_short | A theory of economic growth |
| title_sort | a theory of economic growth dynamics and policy in overlapping generations |
| title_sub | dynamics and policy in overlapping generations |
| topic | Wirtschaftsentwicklung Wirtschaftspolitik Macroeconomics Economic development Economic policy Generational accounting Dynamische Makroökonomie (DE-588)4200428-7 gnd Makroökonomie (DE-588)4037174-8 gnd Mehrgenerationenmodell (DE-588)4215762-6 gnd Wachstumstheorie (DE-588)4128160-3 gnd |
| topic_facet | Wirtschaftsentwicklung Wirtschaftspolitik Macroeconomics Economic development Economic policy Generational accounting Dynamische Makroökonomie Makroökonomie Mehrgenerationenmodell Wachstumstheorie |
| url | https://doi.org/10.1017/CBO9780511606434 |
| work_keys_str_mv | AT lacroixdavidde atheoryofeconomicgrowthdynamicsandpolicyinoverlappinggenerations AT michelphilippe atheoryofeconomicgrowthdynamicsandpolicyinoverlappinggenerations |