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Growth Theory

Editor

Listed:
  • Robert Becker
  • Edwin Burmeister

Abstract

This major three volume work provides a comprehensive and authoritative selection of the most important articles and papers on growth theory. Volume I focuses on theories that attempt to explain the stylized facts of growth. Volume II includes the most important articles on normative models of the growth process. Volume III integrates the positive analysis found in the first volume with the welfare approach found in the second volume. Taken together, these volume depict the development of growth models from the early aggregative theory without explicitly optimizing agents to the current practice of formulating growth models with an explicit microeconomic foundation for consumption and investment decisions. Both the questions and methods of the new equilibrium approach to growth theory are adapted from optimal growth theory. In this sense, the descriptive and normative theories are intertwined and elements of both points of view may be found in each of the three volumes.

Suggested Citation

  • Robert Becker & Edwin Burmeister (ed.), 1990. "Growth Theory," Books, Edward Elgar Publishing, volume 0, number 534.
    • Handle: RePEc:elg:eebook:534
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    File URL: http://www.e-elgar.com/shop/isbn/9781852781897
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    Citations

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    Cited by:

    1. Adamos Adamou & Subash S, 2008. "The Impact of R&D and Foreign Direct Investment on Firm Growth in Emerging-Developing Countries: Evidence from Indian Manufacturing Industries," Working Papers 2008-037, Madras School of Economics,Chennai,India.
    2. Lalith Munasinghe & Nachum Sicherman, 2006. "Why Do Dancers Smoke? Smoking, Time Preference, and Wage Dynamics," Eastern Economic Journal, Eastern Economic Association, vol. 32(4), pages 595-616, Fall.
    3. Lalith Munasinghe, 2005. "A Theory of Wage and Turnover Dynamics," 2005 Meeting Papers 924, Society for Economic Dynamics.
    4. Carl Chiarella & Peter Flaschel & Willi Semmler, 2000. "Price Flexibility and Debt Dynamics in a High Order AS-AD Model," Working Paper Series 109, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    5. Fine, Ben, 2002. "Economics Imperialism and the New Development Economics as Kuhnian Paradigm Shift?," World Development, Elsevier, vol. 30(12), pages 2057-2070, December.
    6. Munasinghe, Lalith & Sigman, Karl, 2004. "A hobo syndrome? Mobility, wages, and job turnover," Labour Economics, Elsevier, vol. 11(2), pages 191-218, April.
    7. Carl Chiarella & Peter Flaschel, 2003. "Towards Applied Disequilibrium Growth Theory: V Housing Investment Cycles, Private Debt Accumulation and Deflation," Working Paper Series 97, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    8. Munasinghe, Lalith, 2006. "Expectations matter: Job prospects and turnover dynamics," Labour Economics, Elsevier, vol. 13(5), pages 589-609, October.
    9. Munasinghe, Lalith & Sicherman, Nachum, 2004. "Wage Dynamics and Unobserved Heterogeneity: Time Preference or Learning Ability?," IZA Discussion Papers 1436, Institute of Labor Economics (IZA).

    More about this item

    Keywords

    Economics and Finance;

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