Recursive Macroeconomic Theory - Rilegato

Ljungqvist, Lars; Sargent, Thomas J.

Rilegato

ISBN 10: 0262194511 ISBN 13: 9780262194518

Casa editrice: Mit Pr, 2000

Riassunto

Recursive methods offer a powerful approach in dynamic macroeconomics. This book contains both an introduction to recursive tools, including standard applications such as asset pricing, and advanced material, including analyses of reputational mechanisms and contract design. The tools are presented with enough technical sophistication to get the reader started working on practical problems. When numerical simulations are called for, the book provides suggestions for how to proceed, as well as references for further reading.

The applications cover many substantive issues in macroeconomics, such as equilibrium asset prices, market incompleteness, wealth distribution, fiscal-monetary theories of inflation, government debt, optimal labor and capital taxation, time consistency and credible government policies, optimal social insurance, economic growth, and labor market dynamics.

Su questo libro

Product Description:

Book by Ljungqvist Lars Sargent Thomas J

Su questa edizione

• Editore: Mit Pr
• Data di pubblicazione: 2000
• ISBN 10: 0262194511
• ISBN 13: 9780262194518
• Rilegatura: Copertina rigida
• Numero di pagine: 701