Dynamic Economic Theory

This book brings together in a single coherent framework a research program begun by the author over forty years ago. It aims to develop multisector general equilibrium theory in the tradition of Hicks's Value and Capital, and extends the prototype model to accommodate the analysis of the monetary sector as well as production and consumption. The stability of temporary equilibrium is examined for both linear and nonlinear cases along with the economic path that the theory generates.

Author: Michio Morishima
Publisher: Cambridge University Press
Published: 09/03/2009
Pages: 336
Binding Type: Paperback
Weight: 1.09lbs
Size: 9.00h x 6.00w x 0.75d
ISBN: 9780521118880

This title is not returnable