Volatility and Growth

Volatility and Growth Aghion Philippe (Robert C. Waggoner Professor of Economics Harvard University) ,Banerjee Abhijit (Ford Foundation International Professor of Economics and Director Poverty Action Lab MIT) Wydawca: Oxford University Press Data wydania: 2020 ISBN: 9780198867739 Liczba stron: 160 Format: 182 x 329 x 11 Rodzaj oprawy: Paperback / softback Opis produktu: Aghion and Banerjee build a model of an aggregate economy that takes the interactions between volatility and growth seriously, while still being open to the possibility of market failures. Looking through a new lens, they begin to explain persistent macroeconomic volatility and the effects of volatility on growth.