Routledge studies in the history of economics capital time and transitional dynamics
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In the words of Robert M. Solow traverse analysis "is the easiest part of skiing, but the hardest part of economics". The aim of this volume is to assess the state and scope of modern traverse analysis as it had been initiated by John Hicks in his pioneering contribution Capital and Time (1973). The analysis of an economy which originally had been in a growth equilibrium which was disturbed by technical progress is one of the most challenging problems in economics. This book takes Hicks’ work as the point of departure for theoretical work on the macroeconomic theory of capital dynamics along transition non-steady state paths
The original contributions in this volume explore the manifold theoretical roots of traverse analysis in classical and post-classical literature, its features as a specific method of economic dynamics, and its applications in a variety of fields from monetary economics to development and international economics. The essays thereby focus on the ways ahead from Capital and Time that have been suggested and actively pursued by a number of scholars in recent years. Its central theme is the role of capital structures as critical factors in determining the actual dynamics of any given economic system. This volume is inspired by the belief that this state of affairs is not a satisfactory one, and outlines a new agenda for capital theory. Contributors include Edwin Burmeister, Jean-Luc Gaffard and Heinz Kurz.
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Taal: en
Bindwijze: E-book
Oorspronkelijke releasedatum: 13 januari 2009
Aantal pagina's: 288
Ebook Formaat: Adobe ePub
Illustraties: Nee
Hoofdauteur: Hagemann/Scazzi
Hoofdredacteur: Harald Hagemann
Tweede Redacteur: Roberto Scazzieri
Hoofduitgeverij: Routledge
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Editie: 1
Studieboek: Nee
Verpakking breedte: 159 mm
Verpakking hoogte: 19 mm
Verpakking lengte: 235 mm
EAN: 9781134158027