Buch, Englisch, 254 Seiten, Format (B × H): 163 mm x 239 mm, Gewicht: 562 g
Buch, Englisch, 254 Seiten, Format (B × H): 163 mm x 239 mm, Gewicht: 562 g
ISBN: 978-0-262-04110-2
Verlag: Penguin Random House LLC
Robert Solow received the Nobel Prize in economics in 1987, and his
contributions to growth theory, productivity, and short run macroeconomics have
influenced an entire generation of scholars. The essays in this book extend and
elaborate on many of the important ideas Solow has either originated or developed in
the past three decades.Frank Hahn and Avinash Dixit offer useful surveys of the
growth literature. Hahn reflects on specific problems in standard growth models,
while Dixit presents a chronological review of research developments. Robert Hall
and Lawrence Summers present challenging empirical findings. Hall shows that the
Solow productivity residual is in fact correlated with variables which, according to
Solow's assumptions, it should not be correlated with. Summers uses multi-country
data to investigate the apparent divergence between private and social rates of
return to capital. He argues that this phenomenon stems from the dependence of the
rate of technical progress on the rate of capital formation and discusses the policy
implications of this idea. Olivier Jean Blanchard and Peter Diamond describe a
search-matching model that is a welcome addition to understanding the Beveridge
curve. Also included are comments by Eytan Shoshinski, Joseph Stiglitz, Martin
Baily, William Nordhaus, George Aherlot, and Robert Gorden. Robert Solow has
provided a response to both the essays and these comments. The book concludes with a
bibliography of Solow's work.Peter Diamond is John and Jennie S. McDonald Professor
of Economics at MIT.
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Handwerk
- Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Wirtschaftssektoren & Branchen: Allgemeines
- Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
- Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik
- Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Sonstige Wirtschaftssektoren & Branchen
