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ISBN: 0122146859Издательство: Academic Press
This book covers topics at the forefront of recent developments of research in economics, macroeconomics, and econometrics. The first section on microeconomics contains chapters on the economics of destitution and an overview of general equilibrium theory with incomplete markets. The next section on macroeconomics contains chapters on classical growth theory, the endogenous growth theory, and the microeconomic underpinning of dynamic international macroeconomic models. The last section on econometrics contains chapters on the rapidly expanding literature for GARCH models for time varying volatility models and asymptotic estimation theory for non-linear econometric models. This book will be essential reading for graduate students and researchers in economics and finance.