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Dynamics of Endogenous Economic Growth: A Case Study of the 'Romer Model': 257 (Contributions to Economic Analysis) - Tapa dura

Schmidt, Gordon W.

 
9780444512253: Dynamics of Endogenous Economic Growth: A Case Study of the 'Romer Model': 257 (Contributions to Economic Analysis)

Sinopsis

This book is concerned with the methods by which the dynamics of endogenous economic growth systems may be analysed and numerically computed, and with the validation of such numerical computations through qualitative economic reasoning. The methods comprise linearization, phase-space analysis and a variety of numerical integration techniques. In particular, the book provides a detailed examination of the transitional dynamics (the movement from some current state towards a steady-state equilibrium) of the influential endogenous growth model from Paul Romer's 1990 Journal of Political Economy article: "Endogenous Technological Change".

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Críticas

...Examines the transitional dynamics, from some initial state toward a steady-state equilibrium, of the endogenous growth model presented in Paul Romer's 1990 Journal of Political Economy article entitled "Endogenous Technological Change."
Journal of Economic Literature, 2004

Reseña del editor

This book is concerned with the methods by which the dynamics of endogenous economic growth systems may be analysed and numerically computed, and with the validation of such numerical computations through qualitative economic reasoning. The methods comprise linearisation, phase-space analysis and a variety of numerical integration techniques. In particular, the book provides a detailed examination of the transitional dynamics (the movement from some current state towards a steady-state equilibrium) of the influential endogenous growth model from Paul Romer's 1990 Journal of Political Economy article: "Endogenous Technological Change".

"Sobre este título" puede pertenecer a otra edición de este libro.