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The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didnâ t become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models.

Produktbeschreibung
The 800 pound gorilla in the room of macroeconomics is the question of why the overlapping generations model didnâ t become the central workhorse model for macroeconomics, as opposed to the neoclassical growth model. The authors here explore the co-evolution of the two models.
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Autorenporträt
Stephen E. Spear is Professor of Economics at Tepper School of Business, Carnegie Mellon University, Pittsburgh, USA. Warren Young is Professor Emiratus at the Department of Economics, Bar Ilan University, Ramat Gan, Israel.