Endogenous Growth traces the intellectual evolution of growth theory, from its formative origins to its modern formalisation. The authors investigate how endogenous growth theory developed alongside the dominant analytical frameworks of dynamic macroeconomics. The book examines why models incorporating imperfect competition, heterogeneous returns, and alternative equilibrium concepts were long overshadowed. Through careful attention to the mathematical foundations―Hamiltonians, dynamic programming, and the shifting conceptualisation of capital―the authors reveal how the field’s trajectory shaped both the promise and the limitations of its models, and why a richer treatment of competition, capital, and equilibrium is essential for understanding long-run growth.
This volume of the International Symposia in Economic Theory and Econometrics series fills a conspicuous gap in contemporary macroeconomic pedagogy. By devoting greater space to model exposition, historical context, and dynamic optimization techniques, the authors provide a gentler yet analytically robust pathway into modern mathematical economics. The result is a timely, clarifying work that engages constructively with established literature while offering a complementary framework for understanding the mechanisms that truly drive economic growth.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Peter Galbács is an Associate Professor at the Institute of Economics and Methodology, Budapest University of Economics and Business, Hungary.
Stephen E Spear is a Professor at Carnegie Mellon University, USA.
Warren Young is a Professor at Bar Ilan University, Israel.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Hardcover. Etat : new. Hardcover. Endogenous Growth traces the intellectual evolution of growth theory, from its formative origins to its modern formalisation. The authors investigate how endogenous growth theory developed alongside the dominant analytical frameworks of dynamic macroeconomics. The book examines why models incorporating imperfect competition, heterogeneous returns, and alternative equilibrium concepts were long overshadowed. Through careful attention to the mathematical foundationsHamiltonians, dynamic programming, and the shifting conceptualisation of capitalthe authors reveal how the fields trajectory shaped both the promise and the limitations of its models, and why a richer treatment of competition, capital, and equilibrium is essential for understanding long-run growth.This volume of the International Symposia in Economic Theory and Econometrics series fills a conspicuous gap in contemporary macroeconomic pedagogy. By devoting greater space to model exposition, historical context, and dynamic optimization techniques, the authors provide a gentler yet analytically robust pathway into modern mathematical economics. The result is a timely, clarifying work that engages constructively with established literature while offering a complementary framework for understanding the mechanisms that truly drive economic growth. Endogenous Growth traces the intellectual evolution of growth theory, from its formative origins to its modern formalisation Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9781836621973
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Buch. Etat : Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Endogenous Growth traces the intellectual evolution of growth theory, from its formative origins to its modern formalisation. The authors investigate how endogenous growth theory developed alongside the dominant analytical frameworks of dynamic macroeconomics. The book examines why models incorporating imperfect competition, heterogeneous returns, and alternative equilibrium concepts were long overshadowed. Through careful attention to the mathematical foundations--Hamiltonians, dynamic programming, and the shifting conceptualisation of capital--the authors reveal how the field's trajectory shaped both the promise and the limitations of its models, and why a richer treatment of competition, capital, and equilibrium is essential for understanding long-run growth. This volume of the International Symposia in Economic Theory and Econometrics series fills a conspicuous gap in contemporary macroeconomic pedagogy. By devoting greater space to model exposition, historical context, and dynamic optimization techniques, the authors provide a gentler yet analytically robust pathway into modern mathematical economics. The result is a timely, clarifying work that engages constructively with established literature while offering a complementary framework for understanding the mechanisms that truly drive economic growth. N° de réf. du vendeur 9781836621973
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Hardback. Etat : New. Endogenous Growth traces the intellectual evolution of growth theory, from its formative origins to its modern formalisation. The authors investigate how endogenous growth theory developed alongside the dominant analytical frameworks of dynamic macroeconomics. The book examines why models incorporating imperfect competition, heterogeneous returns, and alternative equilibrium concepts were long overshadowed. Through careful attention to the mathematical foundations-Hamiltonians, dynamic programming, and the shifting conceptualisation of capital-the authors reveal how the field's trajectory shaped both the promise and the limitations of its models, and why a richer treatment of competition, capital, and equilibrium is essential for understanding long-run growth.This volume of the International Symposia in Economic Theory and Econometrics series fills a conspicuous gap in contemporary macroeconomic pedagogy. By devoting greater space to model exposition, historical context, and dynamic optimization techniques, the authors provide a gentler yet analytically robust pathway into modern mathematical economics. The result is a timely, clarifying work that engages constructively with established literature while offering a complementary framework for understanding the mechanisms that truly drive economic growth. N° de réf. du vendeur LU-9781836621973
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