Growth and International Trade
An Introduction to the Overlapping Generations Approach
Authors: Farmer, Karl, Schelnast, Matthias
Free Preview- Easy-to-follow guide for students wishing to proceed to journal literature
- Unified model framework throughout the book
- Treatment of highly topical subjects in growth and international economics (e.g. euro crisis, growth with bubbles, religion and economic growth)
- Provides a lot of empirical data on growth and international trade
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- About this Textbook
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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, debt reduction in rich countries and policies to mitigate climate change 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 and concludes by analyzing the debt mechanics inducing the huge imbalances among eurozone countries. The book is primarily addressed to graduate students wishing to proceed to the analytically more demanding journal literature.
- About the authors
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Univ.-Prof. Dr. Karl Farmer is Vice Dean for students at the Faculty of Business, Economics and Sociology and Head of the department of economics at the University of Graz. His current research addresses the international effects of public debt reduction, climate policy and the euro crisis by means of the Overlapping Generations approach. He is author of many books and articles in established journals as Economic Theory, Economic Modeling, Journal of Economics, Resource and Environmental Economics, International Review of Economics and International Economic Journal among others.
Mag. Matthias Schelnast is lecturer for macro, micro, and international economics at the department of economics at the University of Graz. He is writing his doctoral thesis on public debt and optimal debt reduction.
- Table of contents (18 chapters)
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Growth and International Trade: Introduction and Stylized Facts
Pages 1-26
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Modeling the Growth of the World Economy: The Basic Overlapping Generations Model
Pages 29-53
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Steady State, Factor Income, and Technological Progress
Pages 55-80
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Economic Growth and Public Debt in the World Economy
Pages 81-109
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“New“ Growth Theory and Knowledge Externalities in Capital Accumulation
Pages 111-135
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Table of contents (18 chapters)
- Download Preface 1 PDF (25 KB)
- Download Sample pages 2 PDF (469.7 KB)
- Download Table of contents PDF (46.8 KB)
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Bibliographic Information
- Bibliographic Information
-
- Book Title
- Growth and International Trade
- Book Subtitle
- An Introduction to the Overlapping Generations Approach
- Authors
-
- Karl Farmer
- Matthias Schelnast
- Series Title
- Springer Texts in Business and Economics
- Copyright
- 2013
- Publisher
- Springer-Verlag Berlin Heidelberg
- Copyright Holder
- Springer-Verlag Berlin Heidelberg
- eBook ISBN
- 978-3-642-33669-0
- DOI
- 10.1007/978-3-642-33669-0
- Hardcover ISBN
- 978-3-642-33668-3
- Series ISSN
- 2192-4333
- Edition Number
- 1
- Number of Pages
- XV, 443
- Number of Illustrations
- 90 b/w illustrations
- Topics
