Cambridge University Press, Date: 1998. Paperback. Good. Former library book. Slightly creased cover. Soiling on the side. Edition 1998. Ammareal gives back up to 15% of this item's net price to charity organizations. 1998. Cambridge University Press ISBN 0521001153 9780521001151 [FR]

Cambridge University Press, Date: 2002. Paperback. New. 2002. Cambridge University Press ISBN 0521001153 9780521001151 [IN]

Cambridge Univ Pr, Date: 2002. Paperback. New. 378 pages. 8.50x5.75x1.00 inches. 2002. Cambridge Univ Pr ISBN 0521001153 9780521001151 [GB]

ISBN10: 0521001153, ISBN13: 9780521001151, [publisher: Cambridge University Press] Softcover Druck auf Anfrage Neuware - Printed after ordering - Provides an in-depth treatment of the overlapping generations model in economics incorporating production. Chapter 1 investigates competitive equilibria and corresponding dynamics: existence and uniqueness of equilibrium, global dynamics of capital (including poverty traps), and various extensions of the model. Chapter 2 analyzes the optimality of allocations in this framework, using both the value function and marginal approaches. Optimality with unbounded growth is also analyzed. Policy issues including the Second Welfare Theorem, pensions, government spending, and optimal taxation, are discussed in chapter 3. The notion of public debt is introduced in chapter 4 and the sustainability of policies with budget deficits/surpluses is examined. The last chapter presents extensions of the model including altruism, education/human capital, and habit formation. Methodological emphasis is put on using general preferences and technologies, on the global study of dynamic aspects of the model, and on furnishing adequate tools to analyze policies involving inter-generational transfers.
[Einbeck, Germany] [Publication Year: ...
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Cambridge University Press, Date: 2002-11-04. Paperback. New. New. In shrink wrap. Looks like an interesting title! 2002. Cambridge University Press ISBN 0521001153 9780521001151 [US]