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General Equilibrium, Overlapping Generations Models, and Optimal Growth Theory
This book presents an original exposition of general equilibrium theory for advanced undergraduate and graduate-level students of economics It contains detailed discussions of economic efficiency, competitive equilibrium, the first and second welfare theorems, the Kuhn-Tucker approach to general equilibrium, the Arrow-Debreu model, and rational expectations equilibrium and the permanent income hypothesis. Truman Bewley also treats optimal growth and overlapping generations models as special cases of the general equilibrium model. He uses the model and the first and second welfare theorems to explain the main ideas of insurance, capital theory, growth theory, and social security. It enables him to present a unified approach to portions of macro- as well as microeconomic theory. The book contains problems sets for most chapters. .
Price: $51.38
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Introduction to Dynamic Macroeconomic Theory: An Overlapping Generations Approach
Economies are constantly in flux, and economists have long sought reliable means of analyzing their dynamic properties. This book aims to provide a succinct and accessible exposition of modern dynamic (or intertemporal) macroeconomics. The authors use a microeconomics-based general equilibrium framework, specifically the overlapping generations model, which assumes that in every period there are two generations which overlap. This model allows the authors to describe economies over time and to employ traditional welfare analysis to judge the effects of various policies. By choosing to keep the mathematical level simple and to use the same modelling framework throughout, the authors are able to address many subtle economic issues. They analyze savings, social security systems, the determination of interest rates and asset prices for different types of assets, Ricardian equivalence, business cycles, chaos theory, investment, growth, and a variety of monetary phenomena. Each result is illustrated with analytical derivations, graphically, and by worked-out examples. Exercises, which are strategically placed, are an integral part of the book..
Price: $55.99
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Islamic and Liberal Citizenship The Search for an Overlapping Consensus
Some argue that Muslims have no tradition of separation of church and state and therefore can't participate in secular, pluralist society. At the other extreme, some Muslims argue that it is the duty of all believers to resist western forms of government and to impose Islamic law. Andrew F. March demonstrates that there are very strong and authentically Islamic arguments for accepting the demands of citizenship in a liberal democracy, many of them found even in medieval works of Islamic jurisprudence. In fact, he shows, it is precisely the fact that Rawlsian political liberalism makes no claims to metaphysical truth that makes it appealing to Muslims..
Price: $51.97
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Full Circles, Overlapping Lives: Culture and Generation in Transition
In Full Circles, Overlapping Lives, cultural anthropologist Mary Catherine Bateson gives us a new way of looking at ourselves, our families, our communities-indeed at the very concept of identity in a changing world. Writing with the clarity and gentleness that touched the many readers of her bestselling book Composing a Life, Bateson opens our eyes here to the meaning of life in a culture at the crossroads. Bateson begins with a premise at once startling and deeply resonant: we live with strangers-and with strangeness-not only in the shifting worlds of our cities and neighborhoods, but within our families and ourselves. Yet as she explores her own life and the lives of her remarkable students, an even more profound insight emerges: strangeness and love are not contradictory. Listening across generations, weaving together the shining strands of family narratives, pondering the questions of fidelity and connection, exploration and illness, vision and improvisation, Bateson creates a prism through which we can all glimpse facets of our true selves. At once intimate and far-reaching, haunting and reassuring, Full Circles, Overlapping Lives reflects the wisdom and the love of an extraordinary lifetime. .
Price: $1.94
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Patient to Patient : Managing Interstitial Cystitis & Overlapping Conditions
Interstitial Cystitis (IC) is a chronic, painful inflammatory disease that affects the bladder wall. An estimated 750,000 Americans have this disease. The multidisciplinary focus of Patient to Patient: Managing Interstitial Cystitis & Overlapping Conditions makes this book particularly helpful and unique. It is our goal to fulfill the needs of the many IC patients who suffer with more than one disease or condition. In order to accommodate these individual needs, our comprehensive book covers a broad spectrum of accompanying conditions, such as fibromyalgia and chemical sensitivity, as well as diet, exercise, massage, and traditional medical interventions. Patient to Patient is a compilation of our personal experiences (from both a patient and spouse perspective), extensive up-to-date medical research, and shared stories from IC patients across the country..
Price: $39.99
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Economic Dynamics and General Equilibrium: Time and Uncertainty
The developments in economic theory in the 1950s served to pinpoint important underlying assumptions in the study of market institutions The conflict between observed institutions - spot markets for commodities, financial markets - and the benchmark interpretation - forward markets for commodities, allowing all trade to take place at a single point in time, became apparent. This led to the introduction of new equilibrium concepts; temporary equilibria, spot-market equilibria and monetary equilibria. The emphasis was on the possibilities to transfer purchasing power over time or over states using spot markets involving assets or money. This book focuses on the developments in the theory of incomplete markets and overlapping generations economies where income transfers over time or across states are restricted either by available assets or by the infeasibility of contracts with unborn generations. It bridges the gap between standard textbooks on microeconomics and more advanced expositions. .
Price: $64.65
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A Theory of Economic Growth: Dynamics and Policy in Overlapping Generations
Inter-generational transfers are at the center of economic policy debates today. Reducing public debt; financing social security; taxing capital and bequests; and designing the education system imply substantial inter-generational transfers. The tool that economists employ to analyze these issues is the overlapping generations model, which reflects the different periods of life. When the model includes capital accumulation, it also allows researchers to formalize the development of an economy, relating its growth path to the savings behavior of young agents. The aim of this book is an in-depth analysis of this model that includes its major policy implications..
Price: $24.99
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