资源描述:
《Economic Growth (Overlapping Generations)》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、ThispageintentionallyleftblankATheoryofEconomicGrowthThisbookprovidesanin-depthtreatmentoftheoverlappinggenera-tionsmodelineconomicsincorporatingproduction.Inchapter1,theauthorsinvestigatecompetitiveequilibriaandcorrespondingdynamics:existenceanduniquenessofequilibrium,globaldynamicsofcap
2、ital(in-cludingpovertytraps),andvariousextensionsofthemodel.Chapter2analyzestheoptimalityofallocationsinthisframework,usingboththevaluefunctionandmarginalapproaches.Optimalitywithunboundedgrowthisalsoanalyzed.Policyissues,includingtheSecondWelfareTheorem,pensions,governmentspending,andopt
3、imaltaxation,arediscussedinchapter3.Thenotionofpublicdebtisintroducedinchap-ter4,andthesustainabilityofpolicieswithbudgetdeficits/surplusesisexamined.Thelastchapterpresentsextensionsofthemodelincludingaltruism,education/humancapital,andhabitformation.Methodolog-icalemphasisisputonusinggene
4、ralpreferencesandtechnologies,ontheglobalstudyofdynamicaspectsofthemodel,andonfurnishingad-equatetoolstoanalyzepoliciesinvolvinginter-generationaltransfers.DaviddelaCroixisProfessorofEconomicsattheUniversit´ecatholiquedeLouvainandResearchAssociateoftheNationalFundforScientificResearchinBel
5、gium.Hehasservedasavisitingprofes-sorattheUniversityofCalifornia,LosAngeles.ProfessordelaCroix’sresearchinterestsinmacro-economicsincludedemographics,overlap-pinggenerationsandhumancapital,andgrowthandcycles.HehaspublishedarticlesinleadingrefereedjournalssuchastheJournalofEconomicTheory,E
6、uropeanEconomicReview,JournalofEconomicDynamicsandControl,JournalofAppliedEconomics,ReviewofEco-nomicDynamics,andJournalofPopulationEconomics.PhilippeMichelisProfessorofEconomicsatGREQAM,Universit´edelaM´editerran´ee(Aix-MarseilleII)andaseniormemberofInstitutUni-versitairedeFrance.Hetaugh
7、tpreviouslyattheUniversit´edeParisI.Theauthororcoauthorofsixbooks,mostrecentlyMonnaie,Dette,etCapital(1999),ProfessorMichel’sresearcharticleshaveappearedinprominentjournalssuchasEconometrica,ReviewofEconomicStudies,JournalofEconomicTheory,JournalofOptimizationTheory