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Red Globe Press Overlapping Generations Economies

Name: Overlapping Generations Economies
Brand: Red Globe Press

Macroeconomics

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Product 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. Book Description State-of-the art text that provides advanced undergraduate and graduate students with the basics of overlapping generations economies From the Back Cover 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. About the Author MICH TVEDE is Professor in the Department of Economics, University of Copenhagen, Denmark.

Product Specifications

Brand: Red Globe Press
Format: hardcover
ASIN: 0230243339
Category: Books > Subjects > Business, Finance & Law > Economics > Macroeconomics
Domain: Amazon UK
Release Date: 09 April 2010
Listed Since: 27 November 2009

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Red Globe Press Overlapping Generations Economies

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