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

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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.

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Ricardo J Caballero
Macroeconomics
Economics
Economics, finance, business and industry
Mit Press Ltd

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Ricardo J Caballero
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