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This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which enables to analyze macroeconomic models consistent with these empirical facts. As a result, central macroeconomic phenomena are better understood: the reasons behind long-run growth, structural change, and the influence of inequality on innovations and growth.
Themes in Macroeconomic History Автор: Solomou Год: 1996 |
ECONOMICS OF MIGRATION Автор: Hannu Laurila Год: 2010 |
NBER International Seminar on Macroeconomics Автор: Frankel J.A. (ed.), Pissarides C.A. (ed.) Год: 2007 |
Trade, Exchange Rate, and Growth in Sub-Saharan Africa Автор: Jean-Paul Azam Год: 2006 |
Two Essays on Maximum Likelihood Estimation Автор: Gulnur Kozak Год: 2010 |