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Book Cover
Author Foellmi, Reto.

Title Consumption structure and macroeconomics : structural change and the relationship between inequality and growth / Reto Foellmi
Published Berlin ; New York : Springer, [2005]
Online access available from:
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Description 1 online resource (ix, 152 pages) : illustrations
Series Lecture notes in economics and mathematical systems, 0075-8442 ; 554
Lecture notes in economics and mathematical systems ; 554. 0075-8442
Contents Introduction -- Hierarchic Preferences -- Structural Change and Balanced Growth -- Inequality and Research Incentives -- Markups and Exclusion -- Conclusion
Summary Annotation 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
Bibliography Includes bibliographical references (pages 147-152)
Notes Print version record
Subject Consumption (Economics) -- Mathematical models.
Income distribution -- Mathematical models.
Genre/Form Academic theses.
Form Electronic book
ISBN 9783540285137
3540259910 (Paper)
9783540259916 (Paper)