Endogenous growth, market failures and economic policy
Author(s)
Bibliographic Information
Endogenous growth, market failures and economic policy
Palgrave, c1999
- : outside North America
- : North America
Related Bibliography 1 items
Available at / 3 libraries
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Hiroshima University Central Library, Interlibrary Loan
: North America331.19:Z-1/724749243500419737
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Note
Includes bibliographical references (p. 183-193) and indexes
Description and Table of Contents
Description
Endogenous Growth, Market Failures and Economic Policy develops, within a rigorous formal framework, innovative and unconventional macroeconomic policy perspectives that can be deduced from the New Growth Theory in the presence of market imperfections, adopting the standard structure of fiscal, monetary and trade policy for the book. For instance, the introduction of monopolistic competition leads to positive growth effects of fiscal policy as well as protection of infant industries.
Table of Contents
List of Figures and Tables Acknowledgements Introduction: the Empirics of Economic Growth PART I: FISCAL POLICY Economic Growth, Environmental Damage, and Sustainable Taxation Endogenous Growth, Division of Labour, and Fiscal Policy Debts, Deficits, and Economic Growth PART II: MONETARY POLICY Monetary Policy in a New Keynesian Model of Endogenous Growth Foreign Indebtedness Inflation, and Exchange Rate Overshooting PART III: TRADE POLICY Protectionism, Trade, and Growth Estimating Growth Conclusion: Policy Implications Appendix Endnotes Bibliography Name Index Subject Index
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