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A Simple Economy With Human Capital Transitional Dynamics Technology Shocks And Fiscal Policies


A Simple Economy With Human Capital Transitional Dynamics Technology Shocks And Fiscal Policies
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Working Paper Series 9121 A Simple Economy With Human Capital Transitional Dynamics Technology Shocks And Fiscal Policies


Working Paper Series 9121 A Simple Economy With Human Capital Transitional Dynamics Technology Shocks And Fiscal Policies
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Author : University of Toronto. Department of Economics and Institute for Policy Analysis
language : en
Publisher:
Release Date : 1991

Working Paper Series 9121 A Simple Economy With Human Capital Transitional Dynamics Technology Shocks And Fiscal Policies written by University of Toronto. Department of Economics and Institute for Policy Analysis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with categories.




A Simple Economy With Human Capital Transitional Dynamics Technology Shocks And Fiscal Policies


A Simple Economy With Human Capital Transitional Dynamics Technology Shocks And Fiscal Policies
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Author : Faig, Miquel
language : en
Publisher:
Release Date : 1991

A Simple Economy With Human Capital Transitional Dynamics Technology Shocks And Fiscal Policies written by Faig, Miquel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Human capital categories.




Fiscal Policy And Long Term Growth


Fiscal Policy And Long Term Growth
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2015-04-20

Fiscal Policy And Long Term Growth written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-20 with Business & Economics categories.


This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.



Fiscal Policies And Growth In The World Economy


Fiscal Policies And Growth In The World Economy
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Author : Jacob A. Frenkel
language : en
Publisher: MIT Press
Release Date : 1996

Fiscal Policies And Growth In The World Economy written by Jacob A. Frenkel and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.


Covering a full array of topics in open economy macro and public economics, Fiscal Policies and Growth in the World Economy has been thoroughly revised and extended. The added material in this new edition includes stochastic rational-expectations extensions of the Mundell-Fleming model, the development of a dynamic-optimizing approach of the trade balance, and an entirely new part on issues of international economic convergence, which also contains a comprehensive policy overview. Other chapters have been updated or reorganized, and there is a brief guide to solving typical dynamic macro problems along with a printout of software suitable for numerical simulations. A companion diskette containing solutions in dynamic macro problems and some sample programs is available in GAUSS for IBM. The exercises and solutions manual by Krueger, Ostry, and Yuen has also been updated and extended. Fiscal Policies and Growth in the World Economy has been used successfully in graduate and senior undergraduate courses in international economics and public finance. The objective of this new edition remains the same as before: to treat the major topics in macro and public economics using both traditional and modern approaches. The traditional approach is first explained, from the simple income-expenditure model to the more advanced stochastic Mundell-Fleming model. The modern intertemporal approach is then presented, starting with the simple two-period model and extending it to a full-fledged dynamic model. Other sections review recent developments in the world economy; government spending, budget deficits, and differences across international taxation; and economic growth in the world economy, especially the convergence of income and growth levels across countries.



The Uzawa Lucas Endogenous Growth Model


The Uzawa Lucas Endogenous Growth Model
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Author : Paolo Mattana
language : en
Publisher: Routledge
Release Date : 2017-11-30

The Uzawa Lucas Endogenous Growth Model written by Paolo Mattana and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-30 with Business & Economics categories.


Using state of the art mathematical techniques this book provides a complete characterization of the Uzawa-Lucas growth model. In his path-breaking contribution on the 'Mechanics of Economic Growth' Lucas suggested that human capital is the key variable through which technical change is most likely to occur and (by taking some initial intuitions of Uzawa a step further) proposed a two-sector capital accumulation growth model where human capital is allowed to enter a neo-classical-style production structure in multiplicative terms. In this book Paolo Mattana fully explores the dynamic possibilities of the model from both the market and the centralized perspective. A critical evaluation of the inefficiency in the market economy is also provided.



Ibss Economics 1995


Ibss Economics 1995
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Author : Compiled by the British Library of Political and Economic Science at the London School of Economics
language : en
Publisher: Psychology Press
Release Date : 1996

Ibss Economics 1995 written by Compiled by the British Library of Political and Economic Science at the London School of Economics and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Economics categories.


The IBSS is the essential tool for librarians, university departments, research institutions and any public or private institutions whose work requires access to up-to-date and comprehensive knowledge of the social sciences.



Dynamic Macroeconomics


Dynamic Macroeconomics
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Author : George Alogoskoufis
language : en
Publisher: MIT Press
Release Date : 2019-12-17

Dynamic Macroeconomics written by George Alogoskoufis and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-17 with Business & Economics categories.


An advanced treatment of modern macroeconomics, presented through a sequence of dynamic equilibrium models, with discussion of the implications for monetary and fiscal policy. This textbook offers an advanced treatment of modern macroeconomics, presented through a sequence of dynamic general equilibrium models based on intertemporal optimization on the part of economic agents. The book treats macroeconomics as applied and policy-oriented general equilibrium analysis, examining a number of models, each of which is suitable for investigating specific issues but may be unsuitable for others. After presenting a brief survey of the evolution of macroeconomics and the key facts about long-run economic growth and aggregate fluctuations, the book introduces the main elements of the intertemporal approach through a series of two-period competitive general equilibrium models—the simplest possible intertemporal models. This sets the stage for the remainder of the book, which presents models of economic growth, aggregate fluctuations, and monetary and fiscal policy. The text focuses on a full analysis of a limited number of key intertemporal models, which are stripped down to essentials so that students can focus on the dynamic properties of the models. Exercises encourage students to try their hands at solving versions of the dynamic models that define modern macroeconomics. Appendixes review the main mathematical techniques needed to analyze optimizing dynamic macroeconomic models. The book is suitable for advanced undergraduate and graduate students who have some knowledge of economic theory and mathematics for economists.



Economic Growth Second Edition


Economic Growth Second Edition
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Author : Robert J. Barro
language : en
Publisher: MIT Press
Release Date : 2003-10-10

Economic Growth Second Edition written by Robert J. Barro and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-10-10 with Business & Economics categories.


The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.



Analytical Issues In Trade Development And Finance


Analytical Issues In Trade Development And Finance
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Author : Ambar Nath Ghosh
language : en
Publisher: Springer
Release Date : 2014-07-08

Analytical Issues In Trade Development And Finance written by Ambar Nath Ghosh and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-08 with Business & Economics categories.


The book’s 30 chapters are divided into three sections – international trade, economic development, macroeconomics and finance – and focus on the frontier issues in each. Section I addresses analytical issues relating to trade-environment linkage, capital accumulation for pollution abatement, possibility of technology diffusion by multinational corporations, nature of innovation inducing tariff protection, effects of import restriction and child labour, the links between exchange rate, direction of trade and financial crisis—the implications for India and global economic crisis, financial institutions and global capital flows and balance of payments imbalances. Section II consists of discussions on the causes of widespread poverty persisting in South Asia, development dividend associated with peace in South Asia, issues of well-being and human development, implications for endogenous growth through human capital accumulation on environmental quality and taxation, the rationale for a labour supply schedule for the poor, switching as an investment strategy, the role of government and strategic interaction in the presence of information asymmetry, government’s role in controlling food inflation, inter-state variations in levels and growth of industry in India, structural breaks in India’s service sector development, and the phenomenon of wasted votes in India’s parliamentary elections. Section III deals with the effectiveness of monetary policy in tackling economic crisis, the effective demand model of corporate leverages and recession, the empirical link between stock market development and economic growth in cross-country experience in Asia, an empirical verification of the Mckinnon-Shaw hypothesis for financial development in India, the dynamics of the behaviour of the Indian stock market, efficiency of non-life insurance companies, econometric study of the causal linkage between FDI and current account balance in India and the implications of contagious crises for the Indian economy.



Fiscal Policy In An Endogenous Growth Model With Human Capital Accumulation


Fiscal Policy In An Endogenous Growth Model With Human Capital Accumulation
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Author : Salvador Ortigueira
language : en
Publisher:
Release Date : 1996

Fiscal Policy In An Endogenous Growth Model With Human Capital Accumulation written by Salvador Ortigueira and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Economic development categories.