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International Economic Growth : International Economic Growth - Michael Carlberg

International Economic Growth

International Economic Growth

Paperback Published: April 1997
ISBN: 9783790809954
Number Of Pages: 216

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This book deals with international growth, featuring the dynamics of foreign debt and domestic capital. It proves useful to consider the Solow model, the overlapping generations model and the infinite horizon model. Phase diagrams serve to trace out the processes of adjustment induced by various shocks. Take for instance an increase in the saving rate, a rise in the rate of labour growth, or a one-time technical progress. What will be the effects on the balance of payments, the foreign position, the stock of capital, and consumption? The first chapter is concerned with the small open economy, chapter II is on large countries. In chapter III capital mobility is restricted, in chapter IV labour mobility is introduced, in chapter V wages are fixed, and in chapter VI growth becomes endogenous.

Introductionp. 3
Brief Survey of the Literaturep. 9
Small Open Economyp. 15
Two Countriesp. 73
Imperfect Capital Mobilityp. 115
Labour Mobilityp. 139
Fixed Wage Ratep. 153
Endogenous Growthp. 167
Conclusionp. 181
Resultp. 195
Symbolsp. 197
Referencesp. 199
Indexp. 211
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9783790809954
ISBN-10: 3790809950
Series: International Economic Growth
Audience: General
Format: Paperback
Language: English
Number Of Pages: 216
Published: April 1997
Publisher: Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
Country of Publication: DE
Dimensions (cm): 23.39 x 15.6  x 1.22
Weight (kg): 0.33