Methods Of Macroeconomic Dynamics - Tapa blanda

Methods of Macroeconomic Dynamics provides a comprehensive treatment of dynamic modeling for first and second-year graduate students and focuses on certain key macroeconomic models_selected from early as well as recent research. Organized in four parts, the chapters cover traditional macrodynamics, rational expectations, temporal optimization and, in what is perhaps the most novel aspect, continuous-time stochastic models. These models have the attractive feature of enabling issues where risk plays a central role_such as corporate finance and asset privacy_to be integrated into the macroeconomic system in a comprehensive yet transparent way.