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Consumption Structure and Macroeconomics by Reto Foellmi
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Consumption Structure and Macroeconomics

Structural Change and the Relationship Between Inequality and Growth
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Description

This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which enables to analyze macroeconomic models consistent with these empirical facts. As a result, central macroeconomic phenomena are better understood: the reasons behind long-run growth, structural change, and the influence of inequality on innovations and growth.
Release date Australia
July 15th, 2005
Author
Audience
  • Undergraduate
Illustrations
X, 154 p.
Pages
154
Dimensions
156x234x9
ISBN-13
9783540259916
Product ID
3396257

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