Overlapping Generations
Methods, Models and Morphology
AvStephen E. Spear,Warren Young
Inbunden, Engelska, 2023
Del 32 i serien International Symposia in Economic Theory and Econometrics
1 300 kr
Beställningsvara. Skickas inom 5-8 vardagar. Fri frakt över 249 kr.
Beskrivning
The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didn’t become the central workhorse model for macroeconomics. Introduced in 1958 by Paul Samuelson, the model postulates an infinite number of finite-lived families. This is in stark contrast to the more dominant neoclassical growth model, which is based on the assumption that real economies are populated by a finite number of dynastic families. Despite the greater realism of the former model and the inherent implausibility of the assumptions underlying the growth model, the growth model has become dominant. The authors here explore the co-evolution of the two models to shed light on why this happened, spanning the entire post-WWII era.
Produktinformation
Utforska kategorier
Mer om författaren
Recensioner i media
Innehållsförteckning
Hoppa över listan
Mer från samma serie
Del 14
Economic Complexity
William A. Barnett, Christophe Deissenberg, Gustav Feichtinger
Inbunden, 2004
2 010 kr
Del 16
Del 18
Del 17
Del 19
Del 4
Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity
William A. Barnett, John Geweke, Karl Shell
Häftad, 2005
672 kr
Del 3
Del 8
Social Choice, Welfare, and Ethics
William A. Barnett, Hervé Moulin, Maurice Salles, Norman J. Schofield
Häftad, 2006
672 kr
Del 11
Nonlinear Econometric Modeling in Time Series
William A. Barnett, David F. Hendry, Svend Hylleberg, Timo Teräsvirta, Dag Tjøstheim, Allan Würtz
Häftad, 2006
803 kr
Del 12
Commerce, Complexity, and Evolution
William A. Barnett, Carl Chiarella, Steve Keen, Robert Marks, Hermann Schnabl
Häftad, 2008
853 kr
