Stephen spear warren young (20 risultati)

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Condizione: New.

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Condizione: As New. Unread book in perfect condition.

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Hardback. Condizione: New. Endogenous Growth traces the intellectual evolution of growth theory, from its formative origins to its modern formalisation. The authors investigate how endogenous growth theory developed alongside the dominant analytical frameworks of dynamic macroeconomics. The book examines why models incorporating imperfect competition, heterogeneous returns, and alternative equilibrium concepts were long overshadowed. Through careful attention to the mathematical foundations-Hamiltonians, dynamic programming, and the shifting conceptualisation of capital-the authors reveal how the field's trajectory shaped both the promise and the limitations of its models, and why a richer treatment of competition, capital, and equilibrium is essential for understanding long-run growth.This volume of the International Symposia in Economic Theory and Econometrics series fills a conspicuous gap in contemporary macroeconomic pedagogy. By devoting greater space to model exposition, historical context, and dynamic optimization techniques, the authors provide a gentler yet analytically robust pathway into modern mathematical economics. The result is a timely, clarifying work that engages constructively with established literature while offering a complementary framework for understanding the mechanisms that truly drive economic growth.…

Hardback. Condizione: New. 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.…

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Hardcover. Condizione: Brand New. 236 pages. 5.98x2.00x9.02 inches. In Stock.

Hardback. Condizione: New. 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.…

Hardback. Condizione: New. Endogenous Growth traces the intellectual evolution of growth theory, from its formative origins to its modern formalisation. The authors investigate how endogenous growth theory developed alongside the dominant analytical frameworks of dynamic macroeconomics. The book examines why models incorporating imperfect competition, heterogeneous returns, and alternative equilibrium concepts were long overshadowed. Through careful attention to the mathematical foundations-Hamiltonians, dynamic programming, and the shifting conceptualisation of capital-the authors reveal how the field's trajectory shaped both the promise and the limitations of its models, and why a richer treatment of competition, capital, and equilibrium is essential for understanding long-run growth.This volume of the International Symposia in Economic Theory and Econometrics series fills a conspicuous gap in contemporary macroeconomic pedagogy. By devoting greater space to model exposition, historical context, and dynamic optimization techniques, the authors provide a gentler yet analytically robust pathway into modern mathematical economics. The result is a timely, clarifying work that engages constructively with established literature while offering a complementary framework for understanding the mechanisms that truly drive economic growth.…

Hardcover. Condizione: Brand New. 332 pages. 9.00x6.00x0.63 inches. In Stock.

Hardcover. Condizione: Brand New. 332 pages. 9.00x6.00x0.63 inches. In Stock. This item is printed on demand.

Condizione: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. &Uumlber den AutorStephen E. Spear is Professor of Economics at Tepper School of Business, Carnegie Mellon University, Pittsburgh, USA. Warren Young is Professor Emiratus at the Department of .…

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Condizione: New. PRINT ON DEMAND.