Endogenous Growth Theory

by Philippe Aghion, Peter W Howitt, Peter W. Howitt

Book Overview

Advanced economies have experienced a tremendous increase in material well- being since the industrial revolution. Modern innovations such as personal computers, laser surgery, jet airplanes, and satellite communication have made us rich and transformed the way we live and work. But technological change has also brought with it a variety of social problems. It has been blamed at various times for increasing wage and income inequality, unemployment,...

• Format: Hardcover
• Language: English
• ISBN: 0262011662
• ISBN13: 9780262011662
• Release Date: December 1997
• Publisher: MIT Press
• Length: 708 Pages
• Weight: 3.02 lbs.
• Dimensions: 1.5" x 6.9" x 10.5"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher

Customer Reviews

not quite a textbook

This book is a treatise of the most recent works in endogenous growth theory, and so it may be inappropriate to be used as a textbook for a course. Although the exercises are explained, it seems that this book cannot be feasibly used for self-study because, as the reviewer below me pointed out, you need someone to fill in the gaps. Nevertheless, the authors do a great job in explaining the intuition behind the difficult technical papers that make up this book. I think this book would be useful for those masters/doctoral students who are preparing/writing their thesis. The explanations and the bibliography can guide them and enable them to get many ideas for their paper.

One of the principal books about the modern economic growth

"Endogenous Growth Theory" by Philippe Aghion and Peter W. Howitt is one of the best book about economic growth theory who I've seen. This book together with "Advanced Macroeconomics" by David Romer and "Economic Growth" by Robert Barro and Xavier Sala-I-Martin are the principal books about all the modern economic growth theory. I recommend very much this book.

Comprehensive

An intermediate-to-advanced updated text in this specialized branch of growth economics. A nice follow-through if you have already read something like Barro & Sala-i-Martin's book. Fully packed with exercises and thier results explained! Complete bibliography. in short, a must.

an Intuitive book

This book presents a series of advanced growth models with optimal level of mathematics and intuition.