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Transitional Dynamics in Sticky-Information General Equilibrium Models

✍ Scribed by Orlando Gomes

Book ID
113064163
Publisher
Springer US
Year
2010
Tongue
English
Weight
275 KB
Volume
39
Category
Article
ISSN
1572-9974

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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