ENGLISH

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

By Reto Foellmi

Book information

Publisher
Springer
Year
2005
ISBN
9783540259916, 3540259910
Open Library ID
OL9055579M
Language
english
Format
RAR
Filesize
6 MB (6472024 bytes)
Series
Lecture Notes in Economics and Mathematical Systems
Edition
1
Pages
152\0
Topic
Economy
Library
mexmat
Time added
2009-07-20 03:45:11

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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