ENGLISH

Consumption Structure and Macroeconomics: Structural Change and the Relationship Between Inequality and Growth

By Reto Foellmi

Book information

Publisher
Springer
Year
2005
ISBN
3540259910, 9783540259916, 9783540285137
ISSN
0075-8442
LCC
HB801 .F565 2005
Open Library ID
OL9055579M
Language
english
Format
PDF
Filesize
7 MB (6989209 bytes)
Series
Lecture Notes in Economics and Mathematical Systems volume 554
Edition
1
Pages
162\162
Orientation
yes
Scanned
yes
Time added
2012-02-14 18:00:00

Description

This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which enables to analyze macroeconomic models consistent with these empirical facts. As a result, central macroeconomic phenomena are better understood: the reasons behind long-run growth, structural change, and the influence of inequality on innovations and growth.

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