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General Equilibrium Overlapping Generations Models And Optimal Growth Theory Truman F Bewley Truman Fassett Bewley

  • SKU: BELL-57160784
General Equilibrium Overlapping Generations Models And Optimal Growth Theory Truman F Bewley Truman Fassett Bewley
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General Equilibrium Overlapping Generations Models And Optimal Growth Theory Truman F Bewley Truman Fassett Bewley instant download after payment.

Publisher: Harvard UP
File Extension: PDF
File size: 2.66 MB
Author: Truman F. Bewley & Truman Fassett Bewley
ISBN: 9780674022881, 0674022882
Language: English
Year: 2007

Product desciption

General Equilibrium Overlapping Generations Models And Optimal Growth Theory Truman F Bewley Truman Fassett Bewley by Truman F. Bewley & Truman Fassett Bewley 9780674022881, 0674022882 instant download after payment.

This book presents an original exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics. It contains detailed discussions of economic efficiency, competitive equilibrium, the first and second welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. Truman Bewley also treats optimal growth and overlapping generations models as special cases of the general equilibrium model. He uses the model and the first and second welfare theorems to explain the main ideas of insurance, capital theory, growth theory, and social security. It enables him to present a unified approach to portions of macro- as well as microeconomic theory. The book contains problems sets for most chapters.
ISBN : 9780674022881

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