Caballero Ricardo J:
Specificity And The Macroeconomics Of Restructuring
Mit Press Ltd (United States), 2007
Hardback, 348 pages
Size: 238x163 mm
ISBN: 9780262033626
ISBN-10: 0262033623
List price: £24.95
You save: 15%
Specificity And The Macroeconomics Of Restructuring
The core mechanism that drives economic growth in modern market economies is huge microeconomic restructuring and factor reallocation - the Schumpeterian "creative destruction" by which new technologies replace the old. This book proposes a unified framework to analyze and understand a variety of macroeconomic phenomena stemming from limitations.

