Consumption structure and macroeconomics
structural change and the relationship between inequality and growth
- ISBN: 9783540259916
- Editorial: Springer International Publishing AG
- Fecha de la edición: 2005
- Lugar de la edición: Heidelberg. Alemania
- Colección: Lecture notes in economics and mathematical systems
- Encuadernación: Rústica
- Medidas: 24 cm
- Nº Pág.: 152
- Idiomas: Inglés
Papel: Rústica
54,60 €
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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.
