General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory / / Truman F. Bewley.
This book presents an exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains discussions of economic efficiency, competitive equilibrium, the welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model,...
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Superior document: | Title is part of eBook package: De Gruyter HUP eBook-Package Backlist 2000-2013 (Canada) |
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Place / Publishing House: | Cambridge, MA : : Harvard University Press, , [2009] ©2007 |
Year of Publication: | 2009 |
Language: | English |
Online Access: | |
Physical Description: | 1 online resource (614 p.) |
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Other title: | Frontmatter -- Contents -- Acknowledgments -- 1. Why Study General Equilibrium? -- 2. The General Equilibrium Model -- 3. Economic Efficiency -- 4. Competitive Equilibrium -- 5. The Welfare Theorems -- 6. The Kuhn-Tucker Approach to General Equilibrium Theory -- 7. Arrow-Debreu Equilibrium -- 8. Rational Expectations Equilibrium and the Permanent Income Hypothesis -- 9. Samuelson's Overlapping Generations Model -- 10. The One-Sector Growth and Diamond Overlapping Generations Models -- 11. A Critical Assessment -- References -- Index |
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Summary: | This book presents an exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains discussions of economic efficiency, competitive equilibrium, the welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. It presents a unified approach to portions of macro- as well as microeconomic theory and contains problems sets for most chapters. |
Format: | Mode of access: Internet via World Wide Web. |
ISBN: | 9780674020924 9783110756067 9783110442205 |
DOI: | 10.4159/9780674020924 |
Access: | restricted access |
Hierarchical level: | Monograph |
Statement of Responsibility: | Truman F. Bewley. |