ENGLISH

Dynamic Economic Theory

By Michio Morishima

Book information

Year
2009
ISBN
0521118883, 9780521118880
Language
english
Format
PDF
Filesize
8 MB (7914474 bytes)
Pages
336\334
Topic
Economy
Time added
2011-06-04 13:46:07

Description

This book brings together in a single coherent framework a research program begun by the author over forty years ago. It aims to develop multisector general equilibrium theory in the tradition of Hicks's Value and Capital, and extends the prototype model to accommodate the analysis of the monetary sector as well as production and consumption. The stability of temporary equilibrium is examined for both linear and nonlinear cases along with the economic path that the theory generates.

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