Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models. The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic grow
Dynamic General Equilibrium Modelling: Computational Methods and Applications
β Scribed by Burkhard Heer, Alfred MauΓner
- Publisher
- Springer
- Year
- 2005
- Tongue
- English
- Leaves
- 547
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Synopsis
If you want to learn how to solve the dynamic macroeconomic models from a theoretical and practical perspectives, you should buy this book. But what I like the most it's the extended development in each model, contrary to other macroeconomic books, you can find in this one, a very detailed explanation of the algebra inside the macro models. Maybe next editions could improve with the answer to each chapter problems in some web page.
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Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models. The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic grow
<P>Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models. The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic g
<P>Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. Many mathematical tools are needed to solve these models.Β The book presents various methods for computing the dynamics of general equilibrium models. In part I, the representative-agent stochastic g
Springer β 2009, 716 pages<br/>ISBN: 3540856846, 9783540856849<div class="bb-sep"></div>Introduces the use of numerical methods for solving dynamic general equilibrium models <br/>Features coverage applicable to the models most widely used in modern macroeconomics and monetary economics <br/>Provide