The Solow model of economic growth : application to contemporary macroeconomic issues

2023
book
monography
cris.lastimport.wos2024-04-09T22:31:18Z
dc.abstract.enIn 1956, Solow proposed a neoclassical growth model in opposition or as an alternative to Keynesian growth models. The Solow model of economic growth provided foundations for models embedded in the new theory of economic growth, known as the theory of endogenous growth, such as the renowned growth models developed by Paul M. Romer and Robert E. Lucas in the 1980s and 90s. The augmentations of the Solow model described in this book, excepting the Phelps golden rules of capital accumulation and the Mankiw-Romer-Weil and Nonneman-Vanhoudt models, were developed by the authors over the last two decades. The book identifies six spheres of interest in modern macroeconomic theory: the impact of fiscal and monetary policy on growth; the effect of different returns to scale on production; the influence of mobility of factors of production among different countries on their development; the effect of population dynamics on growth; the periodicity of investment rates and their influence on growth; and the effect of exogenous shocks in the form of an epidemic. For each of these issues, the authors construct and analyze an appropriate growth model that focuses on the description of the specific macroeconomic problem. This book not only continues the neoclassical tradition of thought in economics focused on quantitative economic change but also, and to a significant extent, discusses alternative approaches to certain questions of economic growth, utilizing conclusions that can be drawn from the Solow model. It is a useful tool in analyzing contemporary issues related to growth.pl
dc.affiliationWydział Zarządzania i Komunikacji Społecznej : Instytut Ekonomii, Finansów i Zarządzaniapl
dc.contributor.authorDykas, Paweł - 137717 pl
dc.contributor.authorTokarski, Tomasz - 132393 pl
dc.contributor.authorWisła, Rafał - 132652 pl
dc.date.accessioned2022-11-08T10:23:17Z
dc.date.available2022-11-08T10:23:17Z
dc.date.issued2023pl
dc.date.openaccess0
dc.description.accesstimew momencie opublikowania
dc.description.additionalBibliogr. s. 235-241. Indeks. Publikacja na stronie wydawcy dostępna od 21.10.2022 r. Data copyright 2023.pl
dc.description.physicalXVI, 248pl
dc.description.publication16,5pl
dc.description.seriesRoutledge Studies in Ecocnomic Theory, Method and Philosophy
dc.description.versionostateczna wersja wydawcy
dc.identifier.doi10.4324/9781003323792pl
dc.identifier.eisbn978-1-003-32379-2pl
dc.identifier.isbn978-1-032-34775-2pl
dc.identifier.isbn978-1-032-34777-6pl
dc.identifier.urihttps://ruj.uj.edu.pl/xmlui/handle/item/303373
dc.languageengpl
dc.pubinfoAbingdonpl
dc.pubinfoNew York : Routledgepl
dc.publisher.ministerialRoutledgepl
dc.rightsUdzielam licencji. Uznanie autorstwa - Użycie niekomercyjne - Bez utworów zależnych 4.0 Międzynarodowa*
dc.rights.licenceCC-BY-NC-ND
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/legalcode.pl*
dc.share.typeinne
dc.subtypeMonographypl
dc.titleThe Solow model of economic growth : application to contemporary macroeconomic issuespl
dc.typeBookpl
dspace.entity.typePublication
cris.lastimport.wos
2024-04-09T22:31:18Z
dc.abstract.enpl
In 1956, Solow proposed a neoclassical growth model in opposition or as an alternative to Keynesian growth models. The Solow model of economic growth provided foundations for models embedded in the new theory of economic growth, known as the theory of endogenous growth, such as the renowned growth models developed by Paul M. Romer and Robert E. Lucas in the 1980s and 90s. The augmentations of the Solow model described in this book, excepting the Phelps golden rules of capital accumulation and the Mankiw-Romer-Weil and Nonneman-Vanhoudt models, were developed by the authors over the last two decades. The book identifies six spheres of interest in modern macroeconomic theory: the impact of fiscal and monetary policy on growth; the effect of different returns to scale on production; the influence of mobility of factors of production among different countries on their development; the effect of population dynamics on growth; the periodicity of investment rates and their influence on growth; and the effect of exogenous shocks in the form of an epidemic. For each of these issues, the authors construct and analyze an appropriate growth model that focuses on the description of the specific macroeconomic problem. This book not only continues the neoclassical tradition of thought in economics focused on quantitative economic change but also, and to a significant extent, discusses alternative approaches to certain questions of economic growth, utilizing conclusions that can be drawn from the Solow model. It is a useful tool in analyzing contemporary issues related to growth.
dc.affiliationpl
Wydział Zarządzania i Komunikacji Społecznej : Instytut Ekonomii, Finansów i Zarządzania
dc.contributor.authorpl
Dykas, Paweł - 137717
dc.contributor.authorpl
Tokarski, Tomasz - 132393
dc.contributor.authorpl
Wisła, Rafał - 132652
dc.date.accessioned
2022-11-08T10:23:17Z
dc.date.available
2022-11-08T10:23:17Z
dc.date.issuedpl
2023
dc.date.openaccess
0
dc.description.accesstime
w momencie opublikowania
dc.description.additionalpl
Bibliogr. s. 235-241. Indeks. Publikacja na stronie wydawcy dostępna od 21.10.2022 r. Data copyright 2023.
dc.description.physicalpl
XVI, 248
dc.description.publicationpl
16,5
dc.description.series
Routledge Studies in Ecocnomic Theory, Method and Philosophy
dc.description.version
ostateczna wersja wydawcy
dc.identifier.doipl
10.4324/9781003323792
dc.identifier.eisbnpl
978-1-003-32379-2
dc.identifier.isbnpl
978-1-032-34775-2
dc.identifier.isbnpl
978-1-032-34777-6
dc.identifier.uri
https://ruj.uj.edu.pl/xmlui/handle/item/303373
dc.languagepl
eng
dc.pubinfopl
Abingdon
dc.pubinfopl
New York : Routledge
dc.publisher.ministerialpl
Routledge
dc.rights*
Udzielam licencji. Uznanie autorstwa - Użycie niekomercyjne - Bez utworów zależnych 4.0 Międzynarodowa
dc.rights.licence
CC-BY-NC-ND
dc.rights.uri*
http://creativecommons.org/licenses/by-nc-nd/4.0/legalcode.pl
dc.share.type
inne
dc.subtypepl
Monography
dc.titlepl
The Solow model of economic growth : application to contemporary macroeconomic issues
dc.typepl
Book
dspace.entity.type
Publication

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