Growth and International Trade An Introduction to the Overlapping Ge
This textbook guides the reader towards various aspects of growth and international trade in a Diamond-type overlapping generations framework. Using the same model type throughout the book, timely topics such as growth with bubbles, debt reduction in rich
- PDF / 5,328,493 Bytes
- 445 Pages / 439.37 x 666.142 pts Page_size
- 108 Downloads / 278 Views
For further volumes: http://www.springer.com/series/10099
.
Karl Farmer • Matthias Schelnast
Growth and International Trade An Introduction to the Overlapping Generations Approach
Karl Farmer Matthias Schelnast Department of Economics University of Graz Graz Austria
ISSN 2192-4333 ISSN 2192-4341 (electronic) ISBN 978-3-642-33668-3 ISBN 978-3-642-33669-0 (eBook) DOI 10.1007/978-3-642-33669-0 Springer Heidelberg New York Dordrecht London Library of Congress Control Number: 2012956220 # Springer-Verlag Berlin Heidelberg 2013 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer ScienceþBusiness Media (www.springer.com)
Preface
This textbook contains introductory and rather advanced topics on growth and international trade from the Diamond-type overlapping generations perspective. Part I, “Growth”, comprises mainly, although not exclusively, introductory material. This is also true for Part II, “International Trade”, but to a much lesser extent. In Part I, the unified analytical approach of Diamond’s (1965) overlapping generations model to neoclassical (“old”) and “new” growth theories (R&D and human capital approaches) figures prominently. Chapters 2 and 3 exhibit the basic overlapping generations model of the world economy, its intertemporal equilibrium dynamics and steady state growth. Discussion of pub
Data Loading...
