Economic Dynamics in Discrete Time (Hardcover)

Jianjun Miao

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Lingua: inglese

Editore: MIT Press Ltd, Cambridge, Mass., 2020

0262043629 / 9780262043625

Da: Grand Eagle Retail, Bensenville, IL, U.S.A.Grand Eagle Retail

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Venditore AbeBooks dal 12 ottobre 2005

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Hardcover. A unified and comprehensive introduction to the analytical and numerical tools for solving dynamic economic problems; substantially revised for the second edition.This book offers a unified, comprehensive, and up-to-date treatment of analytical and numerical tools for solving dynamic economic problems. The focus is on introducing recursive methods-an important part of every economist's set of tools-and readers will learn to apply recursive methods to a variety of dynamic economic problems. The book is notable for its combination of theoretical foundations and numerical methods. Each topic is first described in theoretical terms, with explicit definitions and rigorous proofs; numerical methods and computer codes to implement these methods follow. Drawing on the latest research, the book covers such cutting-edge topics as asset price bubbles, recursive utility, robust control, policy analysis in dynamic New Keynesian models with the zero lower boundon interest rates, and Bayesian estimation of dynamic stochastic general equilibrium (DSGE) models.This second edition has been substantially updated. Responding to renewed interest in modeling with multiple equilibria, it incorporates new material on this topic throughout. It offers an entirely new chapter on deterministic nonlinear systems, and provides new material on such topics as linear planar systems, chaos, bifurcations, indeterminacy and sunspot solutions, pruning nonlinear solutions, the bandit problem, rational inattention models, bequests, self-fulfilling prophecies, the cyclical behavior of unemployment and vacancies, and the long-run risk model. The exposition of each chapter has been revised and improved, and many new figures, Matlab codes, and exercises have been added. A student solutions manual can be purchased separately. A unified and comprehensive introduction to the analytical and numerical tools for solving dynamic economic problems; substantially revised for the second edition. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

Codice articolo 9780262043625

Titolo
Economic Dynamics in Discrete Time (Hardcover)
Autore
Jianjun Miao
Editore
MIT Press Ltd, Cambridge, Mass.
Anno di pubblicazione
2020
Condizione
new
Rilegatura
Hardcover
Lingua
inglese
ISBN 10
0262043629
ISBN 13
9780262043625
Edizione
seconda edizione

Grand Eagle Retail

Bensenville, IL, U.S.A.

Venditore con 5 stelle

Venditore AbeBooks dal 12 ottobre 2005

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