This book proposes an economic theory of gender and population change
by integrating neoclassical and new economic theories. Modern
economies are characterized by complicated dynamic interdependence
between many variables such as population growth, human capital
accumulation, wealth accumulation, gender division of labor, children
caring, environmental changes, various types of conflicts, wars, and
so on. However modern dynamic economic theories deal with simplified
interdependence between a few variables. Any genuine modeling of
economic dynamics result in high-dimensional nonlinear dynamics.
Nevertheless, it is only in recent years that it is possible to
examine the behavior of highly dimensional dynamics. This partly
explains why economic theory has been dominated by modeling dynamic
economic systems with a few variables with linear (linearized)
relations. Since Malthus published his An Essay on the Principle of
Population in 1798, economists have made great efforts to reveal the
dynamic complexity of population change. Modern economies have
experienced unprecedented population dynamics. No one in human history
could even have rationally predicted the natural declination of the
national population in modern times. These failures in predicting
family structural changes and life expectancy lead to many
socioeconomic problems, such as health costs in association with aging
and pension systems, that many societies fail to be prepared for. This
book contributes to the literature on macroeconomics based on
microeconomics, neoclassical growth theory, new growth theory, and
family economics by integrating some important ideas in neoclassical
growth theory and family economics. This book extensively applies the
ideas in the literature to deal with the complexity of population
change.
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Integrating Neoclassical and New Economic Growth Theory
Produktdetaljer
ISBN
9789819796052
Publisert
2025
Utgiver
Springer Nature
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter