Endogenous growth, market failures and economic policy
著者
書誌事項
Endogenous growth, market failures and economic policy
Palgrave, c1999
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- : North America
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注記
Includes bibliographical references (p. 183-193) and indexes
内容説明・目次
内容説明
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.
目次
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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