ENGLISH

Consumption structure and macroeconomics

By Reto Foellmi

Book information

Publisher
Springer
Year
2005
ISBN
3540259910, 9783540259916, 9783540285137
Open Library ID
OL9055579M
Language
english
Format
DJVU
Filesize
1 MB (1378835 bytes)
Series
lecture notes in engeneering economics and Mathematical systems 0554
Edition
1
Pages
160\160
Topic
Economy
Library
Kolxo3
DPI
300
Scanned
yes
Time added
2010-07-29 05:14:56

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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