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Dynamic Economic Theory

Dynamic Economic Theory

Paperback

Economics

ISBN10: 0521118883
ISBN13: 9780521118880
Publisher: Cambridge University Press
Published: Sep 3 2009
Pages: 336
Weight: 1.09
Height: 0.75 Width: 6.00 Depth: 9.00
Language: English
This book brings together in a single coherent framework a research program begun by the author over forty years ago. It aims to develop multisector general equilibrium theory in the tradition of Hicks's Value and Capital, and extends the prototype model to accommodate the analysis of the monetary sector as well as production and consumption. The stability of temporary equilibrium is examined for both linear and nonlinear cases along with the economic path that the theory generates.

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Economics