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Theory of Investment and Saving

In: Inframarginal Economics

Author

Listed:
  • Xiaokai Yang

    (University of New South Wales, Australia)

  • Wai-Man Liu

    (University of New South Wales, Australia)

Abstract

The following sections are included:Neoclassical Theory of Investment and SavingNeoclassical Models of Self-Saving and Interpersonal LoansSmithian Theory of Investment and SavingsConfiguration sequence and structure sequenceDynamic corner equilibria in 16 structure sequencesInvestment, Capital, and Division of Labor in Roundabout ProductionDynamic general equilibriumNon-topological properties of economic growth and sudden decline of interest ratesEndogenous decision horizon and effect of liberalization reforms on opportunities for lucrative investmentFurther ReadingQuestions

Suggested Citation

  • Xiaokai Yang & Wai-Man Liu, 2008. "Theory of Investment and Saving," World Scientific Book Chapters, in: Inframarginal Economics, chapter 21, pages 673-708, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812837929_0021
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    More about this item

    Keywords

    Inframarginal Economics; Inframarginal Analysis; Division of Labor; Specialization; Network Effects; Smithian Framework; Transaction Costs;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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