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Consumption Structure and Macroeconomics: Structural Change and the Relationship Between Inequality and Growth (Lecture Notes in Economics and Mathematical Systems)

Reto Foellmi




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 | #16214767 in Books |  Springer |  2005-09-01 | Original language:English | PDF # 1 |  9.25 x.37 x6.10l,.53 | File type: PDF | 154 pages

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This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which enables to analyze macroeconomic models consistent with these empirical facts. As a result, central macroeconomic phenomena are ...

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