2 863 169 libros electrónicos en 110 idiomas
¿No le conviene? No hay problema. Puede devolverlo en un plazo de 30 días
No se equivocará con un vale de regalo. El destinatario puede elegir cualquier producto de nuestra oferta.
Política de devolución de 30 días
The book is about the well-known problem that a perfectly§competitive economy, even if endowed with perfect foresight,§can grow in an efficient manner. The causes of this strange§inefficiency are analyzed, and sufficientconditions for§efficient economic growth are discussed. The most important§contribution is the elaboration of a rather well-known, yet§unproved, hypothesis which says that the existence of a§nonproducible productive asset, like land, prevents dynamic§inefficiency. This is shown to hold outside steady state§growth paths. Applications of the theoretical concepts and§results are straightforward and are discussed in detail. The§applications include the efficient use of exhaustible§resources over time, the possibility of "bubbles" in§financial markets, the theory of interest rates, and§questions concerning optimal social security.
¡Hola! Soy Libroamiko, tu asesor de libros.
¿Cómo puedo ayudarte?