Recursive Macroeconomic Theory 3e
Ljungqvist, Lars/ Sargent, Thomas J.
ISBN 10: 0262018748 ISBN 13: 9780262018746
Editore: Mit Pr, 2012
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3rd edition. 1321 pages. 9.50x7.25x2.25 inches. In Stock. Codice articolo 0262018748
Riassunto:
A substantially revised new edition of a widely used text, offering both an introduction to recursive methods and advanced material.
Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. Only experience in solving practical problems fully conveys the power of the recursive approach, and the book provides many applications. This third edition offers substantial new material, with three entirely new chapters and significant revisions to others. The new content reflects recent developments in the field, further illustrating the power and pervasiveness of recursive methods.
New chapters cover asset pricing empirics with possible resolutions to puzzles; analysis of credible government policy that entails state variables other than reputation; and foundations of aggregate labor supply with time averaging replacing employment lotteries. Other new material includes a multi-country analysis of taxation in a growth model, elaborations of the fiscal theory of the price level, and age externalities in a matching model.
The book is suitable for both first- and second-year graduate courses in macroeconomics and monetary economics. Most chapters conclude with exercises. Many exercises and examples use Matlab programs, which are cited in a special index at the end of the book.
Product Description: Recursive Macroeconomic Theory Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. Only experience in solving practical problems fully conveys the power of the recursive approach, and the book provides many applicatio... Full description
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Titolo: Recursive Macroeconomic Theory 3e
Casa editrice: Mit Pr
Data di pubblicazione: 2012
Legatura: Hardcover
Condizione: Brand New
Edizione: terza edizione
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Recursive Macroeconomic Theory (The MIT Press)
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Condizione: Very Good. 3rd edition, 1321 pp., hardcover, a small crack to outer hinge of front cover else text clean & binding tight. - If you are reading this, this item is actually (physically) in our stock and ready for shipment once ordered. We are not bookjackers. Buyer is responsible for any additional duties, taxes, or fees required by recipient's country. Codice articolo ZB1334401
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Recursive Macroeconomic Theory (The Mit Press)
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RECUSIVE MACROECONOMIC THEORY, TB,THIRD EDITION
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