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Growth and International Trade

An Introduction to the Overlapping Generations Approach

By: Karl Farmer,Matthias Schelnast

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Growth and International Trade

An Introduction to the Overlapping Generations Approach

By: Karl Farmer,Matthias Schelnast

Revised and updated for the 2nd edition, this textbook guides the reader towards various aspects of growth and international trade in a Diamond-type overlapping generations framework. Using the same model type throughout the book, timely topics such as growth with bubbles, robots and involuntary unemployment, financial integration and house price dynamics, policies to mitigate climate change and the persistence of religion in a globalized market economy are explored. The first part starts from the “old” growth theory and bridges to the “new” growth theory (including R&D and human capital approaches). The second part presents an intertemporal equilibrium theory of inter- and intra-sectoral trade, investigates innovation, growth and trade and limits to public debt as well as nationally and internationally optimal climate policies. The debt dynamics of the Euro Zone and the origins of intra-EMU and Asian-US trade imbalances are also explored. The book is primarily addressed to upper undergraduate and graduate students wishing to proceed to the analytically more demanding journal literature.

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Page Count

596

Publisher

Springer Nature

Published Date

ISBN 10

3662629437

ISBN 13

9783662629437

Growth and International Trade

An Introduction to the Overlapping Generations Approach

By: Karl Farmer,Matthias Schelnast

Write a review Read reviews Take a Quiz Solve Book Puzzle

Growth and International Trade

An Introduction to the Overlapping Generations Approach

By: Karl Farmer,Matthias Schelnast

Revised and updated for the 2nd edition, this textbook guides the reader towards various aspects of growth and international trade in a Diamond-type overlapping generations framework. Using the same model type throughout the book, timely topics such as growth with bubbles, robots and involuntary unemployment, financial integration and house price dynamics, policies to mitigate climate change and the persistence of religion in a globalized market economy are explored. The first part starts from the “old” growth theory and bridges to the “new” growth theory (including R&D and human capital approaches). The second part presents an intertemporal equilibrium theory of inter- and intra-sectoral trade, investigates innovation, growth and trade and limits to public debt as well as nationally and internationally optimal climate policies. The debt dynamics of the Euro Zone and the origins of intra-EMU and Asian-US trade imbalances are also explored. The book is primarily addressed to upper undergraduate and graduate students wishing to proceed to the analytically more demanding journal literature.

Average ratings

N/A

5

0%

4

0%

3

0%

2

0%

1

0%

Solve jigsaw puzzle

Age

Page Count

596

Publisher

Springer Nature

Published Date

ISBN 10

3662629437

ISBN 13

9783662629437