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Household Dynamics : Economic Growth and Policy by William A. Lord is a book available to read on EtoBox.

What is Household Dynamics : Economic Growth and Policy about?

<p><i>household Dynamics: Economic Growth And Policy</i> Uniquely Integrates Dynamic Decision Making By Households, The Collective Implications Of Those Decisions For Economic Growth And Inequality, And Their Consequences For Policy. Written By A Prominent Author In The Field, <i>household Dynamics</i> Develops Intertemporal Models Of Consumption, Saving, Human Capital Accumulation, Investments In Children, Intergenerational Transfers, Division Of Labor, And Fertility. The Implications Of These Models Are Then Assessed Intuitively-without Econometrics-in Terms Of The Empirical Literature. This Furthers A Rich Microeconomic Analysis Of Tax, Transfer, And Social Insurance Policies. Household Decisions Are Crucial Inputs Into The Formulation Of Economic Growth Models. A Variety Of General Equilibrium Growth Frameworks Are Developed, Each Selecting From Among Human And Physical Capital Accumulation, Population Growth, And Technical Change. These Are Employed To Address Earnings Inequality, Transitional Dynamics, And Longer-term Neoclassical And Endogenous Growth. Fiscal Policy Applications Include Generational Accounting, Social Security, And Income Taxation. <i>household Dynamics</i>

Author

William A. Lord

Publisher

Oxford University Press, USA

Published

2001

Language

EN

ISBN

9780195129007

Subjects

Gender Studies, Finance, Economics

Updated

2026-03-24