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Growth and distribution /Duncan K. Foley, Thomas R. Michl, Daniele Tavani

By: Contributor(s): Material type: TextTextPublication details: Cambridge, Massachusetts : Harvard University Press, (c)2019.Edition: Second edition.itionDescription: 1 online resource (xx, 394 pages) : illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9780674239395
Subject(s): Genre/Form: LOC classification:
  • HD75 .G769 2019
Online resources: Available additional physical forms:
Contents:
Measuring growth and distribution -- Models of production -- The labor market -- Models of consumption and saving -- Classical models of economic growth -- Induced technical change, growth, and cycles -- Biased technical change in the classical model -- Endogenous technical change -- The neoclassical growth model -- Technical change in the neoclassical model -- Demand-constrained economic growth -- Land-limited growth -- Exhaustible resources -- Corporate capitalism -- Government debt and social security : the overlapping generations model -- Two-class models of wealth accumulation -- Global warming.
Subject: This comprehensive book on the theory, measurement, and history of economic growth presents Classical and Keynesian in parallel with Neoclassical approaches, and the new variant, neoliberal capitalism. It covers growth theory, tools of intertemporal economic analysis, money and growth, technological change, the 2008 financial crisis, the rise of inequality, along with technological change, land and resource limitations, and climate change.Subject: Authors Foley, Michl, and Tavani offer a major revision of an established textbook on the theory, measurement, and history of economic growth, with new material on climate change, corporate capitalism, and innovation.
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Includes bibliographies and index.

Introduction -- Measuring growth and distribution -- Models of production -- The labor market -- Models of consumption and saving -- Classical models of economic growth -- Induced technical change, growth, and cycles -- Biased technical change in the classical model -- Endogenous technical change -- The neoclassical growth model -- Technical change in the neoclassical model -- Demand-constrained economic growth -- Land-limited growth -- Exhaustible resources -- Corporate capitalism -- Government debt and social security : the overlapping generations model -- Two-class models of wealth accumulation -- Global warming.

This comprehensive book on the theory, measurement, and history of economic growth presents Classical and Keynesian in parallel with Neoclassical approaches, and the new variant, neoliberal capitalism. It covers growth theory, tools of intertemporal economic analysis, money and growth, technological change, the 2008 financial crisis, the rise of inequality, along with technological change, land and resource limitations, and climate change.

Authors Foley, Michl, and Tavani offer a major revision of an established textbook on the theory, measurement, and history of economic growth, with new material on climate change, corporate capitalism, and innovation.

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