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Overlapping Generations Economies

By Mich Tvede

Product Image: Overlapping Generations Economies

Overlapping Generations Economies

By Mich Tvede

0 - Default Title
Description
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.
Product details
Edition:
1
Number of Pages:
256
Release Date:
2010-04-09
Publication Date:
2017-05-18
Publisher:
Red Globe Press
Languages:
Original: English
ISBN10:
0230243339
ISBN13:
9780230243330
GPSR Manufacturer Reference:
[email protected]
Weight:
552 g
Height:
161 cm
Width:
240 cm
Thickness:
18 cm
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