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.
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Book by Ljungqvist Lars Sargent Thomas J
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Hardcover. Condizione: Very Good. Recursive Macroeconomic Theory This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping. Codice articolo 7719-9780262194518
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Condizione: very good. Cambridge : The MIT Press, 2000. Hardcover. xxxiv,701 pp. ; 24 cm. Condition : very good copy. ISBN 9780262194518. Keywords : ECONOMICS, Codice articolo 284233
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Hardcover. Condizione: Very Good. Hardcover. No dust jacket, as issued. Good binding and cover. Shelf wear. Small ink stains to front board and spine. Stamped on front end page. Clean, unmarked pages. "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." - MIT Press. Codice articolo 2110120062
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