ENGLISH

Endogenous Growth, Market Failures and Economic Policy

By Martin Zagler (auth.)

Book information

Publisher
Palgrave Macmillan UK
Year
1999
ISBN
978-1-349-27131-3, 978-1-349-27129-0, 978-0-312-21829-4
DOI
10.1007/978-1-349-27129-0
Language
english
Format
PDF
Filesize
17 MB (18304452 bytes)
Edition
1
Pages
XII, 199\208
Time added
2016-03-14 21:35:01
Economic Theory/Quantitative Economics/Mathematica

Description

Endogenous Growth, Market Failures and Economic Policy develops, within a rigorous formal framework, innovative and unconventional macroeconomic policy perspectives that can be deduced from the New Growth Theory in the presence of market imperfections, adopting the standard structure of fiscal, monetary and trade policy for the book. For instance, the introduction of monopolistic competition leads to positive growth effects of fiscal policy as well as protection of infant industries.

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