Economic growth a unified approach, second edition
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Economic growth a unified approach, second edition
CAMBRIDGECambridge University Press978-1-107-11523-1 - Economic Growth2nd EditionFrontmatterEconomic GrowthĨI1 the second edition of this user-friendl Economic growth a unified approach, second editionly book. Olivier de I .a Grandville provides a clear and original introduction to the theory of economic growth, its mechanisms and its challenges. The book has been fully updated to incorporate several important new results and proofs since the first edition. In addition to a progressive treatment Economic growth a unified approach, second editionof dynamic optimization, readers will find intuitive derivations of all central equations of the calculus of variations and of optimal control theory.Economic growth a unified approach, second edition
It oilers a new solution to the fundamental question: How much should a nation save and invest? I .a Grandville shows that the optimal savings rule hCAMBRIDGECambridge University Press978-1-107-11523-1 - Economic Growth2nd EditionFrontmatterEconomic GrowthĨI1 the second edition of this user-friendl Economic growth a unified approach, second editions the total remuneration of labour, rhe rule offers a fresh alternative to dire current predictions about an ever-increasing capital-output ratio and a decrease of the labour share in national income.Olivier de Ĩ.A Grakdvh I E is Senior Professoral Frankfurt University and Visiting Professor in the Economic growth a unified approach, second editionManagement Science and Engineering Department at Stanford University. He was Professor of Economics at the University of Geneva from 1978 to 2007 andEconomic growth a unified approach, second edition
held visiting positions al the Massachusetts Institute of Technology, at École Polytechnique Federate de Lausanne, at the University of Neuchâtel and CAMBRIDGECambridge University Press978-1-107-11523-1 - Economic Growth2nd EditionFrontmatterEconomic GrowthĨI1 the second edition of this user-friendl Economic growth a unified approach, second editionesearch work has been published in international journals such as the American Economic Review and Econometrica.CAMBRIDGECambridge University Press97S-1-ÍO7-11523-1 - Economic Growth2nd EditionFrontmatterMíỉiediiiarniaŨQBPraise for Economic Growth, Second Edition“Olivier de La Grandville lias writte Economic growth a unified approach, second editionn a sparkling, wide-ranging and provocative analysis of economic growth models. The work is marked by a large number of novel specific analytic resultEconomic growth a unified approach, second edition
s which will be of wide use.*Kenneth J. Arrow. Stanford University, Nobel laureate‘This is a very useful book. Il covers in extensive detail the neoclCAMBRIDGECambridge University Press978-1-107-11523-1 - Economic Growth2nd EditionFrontmatterEconomic GrowthĨI1 the second edition of this user-friendl Economic growth a unified approach, second editionresults in Theorem 16.1. Researchers working on the topic will greatly benefit from the attention that the book pays to the analytical foundations of the approach and its numerical exploration of specifications of the main model that often do not get the attention they deserve. Indeed, the quantitat Economic growth a unified approach, second editionive analysis is what makes this book especially useful for fully understanding what the standard model of capital accumulation really teaches US aboutEconomic growth a unified approach, second edition
economic growth.'Pielm /'.' Perelto. Duke University“What strikes in this book is that the author, when confronted with a difficult problem in economCAMBRIDGECambridge University Press978-1-107-11523-1 - Economic Growth2nd EditionFrontmatterEconomic GrowthĨI1 the second edition of this user-friendl Economic growth a unified approach, second editionhich turns out lobe the correct one. An example is the new chapter 3 on poverty traps. I repeal what I already wrote on the first edition: this is an important book that every economist should read.’Giancarlo Gandolfo. Accademia Nazionale dei Lined. Rome‘Now in a new edition, this book combines rigo Economic growth a unified approach, second editionrous analysis with a keen attention to its practical implications. This applies - for instance to the implausibly high level of the saving rate requirEconomic growth a unified approach, second edition
ed by standard growth theory, for which the author offers an innovative solution, and to the diagnosis provided for poverty traps, which also suggestsCAMBRIDGECambridge University Press978-1-107-11523-1 - Economic Growth2nd EditionFrontmatterEconomic GrowthĨI1 the second edition of this user-friendl Economic growth a unified approach, second edition through neoclassical growth theory. Idiosyncratic in scope and style, the tour stops at major intellectual sights. In addition. the author guides us to new and important places of interest that emanate from his own research. All this is accomplished in a formidable self-contained manner.'Andreas Ir Economic growth a unified approach, second editionmen, University of IMxembourg‘Economists need a better understanding of the Euler and Pontryagin dynamic equations, both from an analytical and a compEconomic growth a unified approach, second edition
utational point of view. They also need a new. reasonable solution to the crucial problem of optimal grow th. They will find both in this remarkable bCAMBRIDGECambridge University Press978-1-107-11523-1 - Economic Growth2nd EditionFrontmatterEconomic GrowthĨI1 the second edition of this user-friendl Economic growth a unified approach, second editionh2nd EditionFrontmatteriloxalnísrmaỉiíin‘With exceptional clarity, de la Grandville presents the theory of economic growth, incorporating. in this second edition, new results and raising interesting research questions. Its rigorous theoretical and insightful analysis provides a foundation on which f Economic growth a unified approach, second editionuture students and academic researchers, dealing with complex issues of growth, inequality, poverty, and social welfare, are sure to build.'Daniela I'Economic growth a unified approach, second edition
ederici. University of Cassino and Southern / XI Jo-Italy’Olivier de La Grandville continues his profound research on economic growth and development CAMBRIDGECambridge University Press978-1-107-11523-1 - Economic Growth2nd EditionFrontmatterEconomic GrowthĨI1 the second edition of this user-friendl Economic growth a unified approach, second editionpread recognition in a graduate courses. Economic policy makers should heed his findings on the critical role of the elasticity of substitution betw een input factors for economic growh and the distribution of factor incomes.' Economic growth a unified approach, second editionCAMBRIDGECambridge University Press978-1-107-11523-1 - Economic Growth2nd EditionFrontmatterEconomic GrowthĨI1 the second edition of this user-friendlGọi ngay
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