Overlapping Generations Economies
商品資訊
ISBN13：9780230243330
替代書名：Overlapping Generations Economies
出版社：Palgrave Macmillan
作者：Mich Tvede
出版日：2010/06/15
裝訂／頁數：精裝／234頁
規格：24.8cm*16.5cm*1.9cm (高/寬/厚)
商品簡介
In the past two decades the overlapping generations (OG) model has become a dominant framework in macroeconomic analysis. This book provides a clear and self-contained introduction to OG economies.
Starting with the existence of equilibrium and the optimality of allocations, the discussion then turns to properties of equilibria, including the existence of fluctuations and sunspot equilibria, ending with applications to the theories of exchange rates and endogenous growth.
Throughout the book, OG economies are compared and contrasted with optimal growth economies. The presentation includes detailed proofs of results as well as illustrative examples. Growing out of research and teaching experience on the subject, the book is suitable for advanced students and researchers.
作者簡介
MICH TVEDE is Professor in the Department of Economics, University of Copenhagen, Denmark. His research interests include consumer theory, economic dynamics, general equilibrium and incomplete financial markets.
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