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Sinopsis
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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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 labour and capital taxation, time consistency and credible government policies, optimal social insurance, economic growth and labour market dynamics.
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Recursive Macroeconomic Theory
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Recursive Macroeconomic Theory
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The MIT Press, 2000
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ISBN 13: 9780262194518
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Hardcover. Condición: 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. Nº de ref. del artículo: 2110120062
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Recursive Macroeconomic Theory
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ISBN 13: 9780262194518
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Recursive macroeconomic theory.
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Condición: very good. Cambridge : The MIT Press, 2000. Hardcover. xxxiv,701 pp. ; 24 cm. Condition : very good copy. ISBN 9780262194518. Keywords : ECONOMICS, Nº de ref. del artículo: 284233
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