Chapter

Growth in Dynamic General Equilibrium

Fabio-Cesare Bagliano and Giuseppe Bertola

in Models for Dynamic Macroeconomics

Published in print February 2004 | ISBN: 9780199266821
Published online January 2005 | e-ISBN: 9780191601606 | DOI: http://dx.doi.org/10.1093/0199266824.003.0004
Growth in Dynamic General Equilibrium

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Characterizes general equilibrium interactions in a dynamic environment, focussing on the possibly endogenous growth behaviour of an economy in the long run. The treatment familiarizes readers with technical approaches and economic insights regarding the interplay of technology, preferences, market structure, externalities, and taxation in shaping the interaction of individually optimal saving and investment decisions.

Keywords: endogenous growth; externalities; long run; monopoly power; savings; taxation

Chapter.  17149 words.  Illustrated.

Subjects: Macroeconomics and Monetary Economics

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