Produktbeschreibung This book represents both a textbook and a monograph. In Part III, a renewable natural resource is introduced in the log-linear Cobb-Douglas overlapping generations model, and the ef ciency c- cepts developed in Part II are applied. The balance among material for a textbook und for a monograph is approximately even.
In Part IV research monograph ch- acteristics gain progressively prominence.
Introduction to Dynamic Macroeconomic Theory
While this part dealing with intergene- tional equity in perfectly competitive market economies presents already published work, the last part focusing on harvest cost contains still unpublished work. Asthesubtitle ofthepresentbookannounces,ourintentionisto provideanint- duction to the not so widespread overlappinggenerationsapproach to intertemporal resource economics.
It is introductory in that utility and production functions are functionally speci ed such that the interested reader can derive explicit solutions to intertemporal general equilibria. New citations to this author. New articles related to this author's research. Email address for updates. My profile My library Metrics Alerts.
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Intertemporal Resource Economics An Introduction To The Overlapping Generations Approach
Journal of Environmental Psychology 31 2 , , Central European Journal of operations research 17 3 , , Environmental and Resource Economics 52 1 , , By studying the international aspects of fiscal policy, the book establishes international differences in fiscal policy as determinants of persistent trade imbalances and international indebtedness. It also considers some basic questions on international transfers and austerity in open economies.
What criteria should be used to define a successful foreign-aid programme? Why is foreign aid likely to fail in a world of global wealth disparity?
Can reliance be placed on the international coordination of austerity to improve welfare in the long run? Is austerity accompanied by international transfers superior to austerity unaccompanied by international transfers?
- Intertemporal Resource Economics : An Introduction to the Overlapping Generations Approach.
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