General Equilibrium Growth And Trade Ii

Author : Robert Becker
Publisher : Academic Press
ISBN 13 : 1483216381
Total Pages : 630 pages
Book Rating : 4.86/5 ( download)

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Download or read book General Equilibrium, Growth, and Trade II written by Robert Becker and published by Academic Press. This book was released on 2014-05-10 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: General Equilibrium, Growth, and Trade, Volume II: The Legacy of Lionel McKenzie presents the impact of Lionel McKenzie's contributions on modern economics. This book discusses McKenzie's researches that are relevant in applied economic fields, including general equilibrium, optimal growth, and international trade. Organized into three parts encompassing 24 chapters, this volume begins with an overview of the existence of competitive equilibrium in an economy with a finite number of agents and commodities. This text then presents two analyses that are basically responses to criticism of the development of real indeterminacy. Other chapters consider McKenzie's assumption of irreducibility, which plays a significant role in showing how compensated equilibria will be uncompensated equilibria because agents have cheaper net trade vectors in their feasible sets. This book discusses as well some properties of competitive equilibria for dynamic exchange economies with an infinite horizon and incomplete financial markets. This book is a valuable resource for economists and economic theorists.

Author : Jerry R. Green
Publisher : Academic Press
ISBN 13 : 1483271455
Total Pages : 422 pages
Book Rating : 4.53/5 ( download)

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Download or read book General Equilibrium, Growth, and Trade written by Jerry R. Green and published by Academic Press. This book was released on 2014-05-10 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: General Equilibrium, Growth, and Trade: Essays in Honor of Lionel McKenzie provides information pertinent to the three main areas of Professor McKenzie's scientific research, namely, international trade, economic growth, and general equilibrium theory. This book highlights the main aspects of McKenzie's work. Organized into three parts encompassing 21 chapters, this book begins with an overview of the regularizing effects of aggregation over nonregular microrelations. This text then examines the theory of a multiperiod monopolist incurring nonseparable labor adjustment costs, which is developed when investment is irreversible. Other chapters consider the behavior of a price-maker in a competitive market as a preliminary step to a more complete analysis of pure competition. This book discusses as well the effects of uncertainty on optimal decisions, which constitutes an increasingly essential area of economic research. The final chapter deals with the general equilibrium macroeconomic model. This book is a valuable resource for economists and economic theorists.

Author : Jerry R. Green
Publisher :
ISBN 13 : 9780122987502
Total Pages : 401 pages
Book Rating : 4.00/5 ( download)

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Download or read book General Equilibrum, Growth, and Trade written by Jerry R. Green and published by . This book was released on 1979 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Truman F. Bewley
Publisher : Harvard University Press
ISBN 13 : 0674020928
Total Pages : 615 pages
Book Rating : 4.24/5 ( download)

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Download or read book General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory written by Truman F. Bewley and published by Harvard University Press. This book was released on 2009-07-01 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an original exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains detailed discussions of economic efficiency, competitive equilibrium, the first and second welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. Truman Bewley also treats optimal growth and overlapping generations models as special cases of the general equilibrium model. He uses the model and the first and second welfare theorems to explain the main ideas of insurance, capital theory, growth theory, and social security. It enables him to present a unified approach to portions of macro- as well as microeconomic theory. The book contains problems sets for most chapters.

Author : Harry G. Johnson
Publisher : Taylor & Francis
ISBN 13 : 100042121X
Total Pages : 121 pages
Book Rating : 4.17/5 ( download)

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Download or read book The Two-Sector Model of General Equilibrium written by Harry G. Johnson and published by Taylor & Francis. This book was released on 2021-07-29 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1971, this book presents in a lucid form the basic model of distribution in a two-sector general equilibrium system. While this model has been used by many economists, this was the first synoptic exposition of it to become readily available to students. The first part develops the two-sector model and its properties, using the geometrical tools of international trade theory. The second applies the model to some standard problems in the theory of income distribution, including the economics of redistributive taxes and subsidies, of trade union organization, and of minimum wage laws. The third part converts the model into a growth model and develops the conditions for convergence on a steady-state growth path and for the maximization of consumption per head at all points of time.

Author : John Gilbert
Publisher : Emerald Group Publishing
ISBN 13 : 0857241419
Total Pages : 461 pages
Book Rating : 4.12/5 ( download)

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Download or read book New Developments in Computable General Equilibrium Analysis for Trade Policy written by John Gilbert and published by Emerald Group Publishing. This book was released on 2010-10-05 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intends to present the developments in the methodology and practice of CGE techniques as they apply to various issues in international trade policy. This title is suitable for academic researchers working in trade policy analysis and applied general equilibrium, and advanced graduate students in international economics.

Author : Peter B. Dixon
Publisher : Newnes
ISBN 13 : 0444536353
Total Pages : 1143 pages
Book Rating : 4.58/5 ( download)

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Download or read book Handbook of Computable General Equilibrium Modeling written by Peter B. Dixon and published by Newnes. This book was released on 2013-11-14 with total page 1143 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results Shows how CGE modeling has made a contribution to economic policy

Author : Harry G. Johnson
Publisher : Routledge
ISBN 13 : 1000421244
Total Pages : 122 pages
Book Rating : 4.48/5 ( download)

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Download or read book The Two-Sector Model of General Equilibrium written by Harry G. Johnson and published by Routledge. This book was released on 2021-07-29 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1971, this book presents in a lucid form the basic model of distribution in a two-sector general equilibrium system. While this model has been used by many economists, this was the first synoptic exposition of it to become readily available to students. The first part develops the two-sector model and its properties, using the geometrical tools of international trade theory. The second applies the model to some standard problems in the theory of income distribution, including the economics of redistributive taxes and subsidies, of trade union organization, and of minimum wage laws. The third part converts the model into a growth model and develops the conditions for convergence on a steady-state growth path and for the maximization of consumption per head at all points of time.

Author : Kenneth W. Clements
Publisher : Routledge
ISBN 13 : 1351798723
Total Pages : 132 pages
Book Rating : 4.23/5 ( download)

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Download or read book The Trade Balance in Monetary General Equilibrium written by Kenneth W. Clements and published by Routledge. This book was released on 2017-04-28 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title, first published in 1984, is a contribution to applied international trade theory. The author explores the specification and estimation of a multisector general equilibrium model of the open economy. The model is formulated with the aim of assessing empirically the effects of three key policy variables on trade flows, domestic prices, and the trade balance. The policy variables with which the author is concerned are the rate of growth of the stock of domestic credit, commercial policy, as represented by tariffs, and, finally, the exchange rate. This title will be of interest to students of economics.

Author : T. N. Srinivasan
Publisher :
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4.67/5 ( download)

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Download or read book Price Normalization and Equilibria in General Equilibrium Models of International Trade Under Imperfect Competition written by T. N. Srinivasan and published by . This book was released on 1994 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: