Table of contents
About this book
Endogenous Growth, Market Failures and Economic Policy develops, within a rigorous formal framework, innovative and unconventional macroeconomic policy perspectives that can be deduced from the New Growth Theory in the presence of market imperfections, adopting the standard structure of fiscal, monetary and trade policy for the book. For instance, the introduction of monopolistic competition leads to positive growth effects of fiscal policy as well as protection of infant industries.
competition economic growth economic policy fiscal policy growth growth theory Inflation John Maynard Keynes Keynes macroeconomics monetary policy Polis taxation