This solutions manual is a valuable companion volume to the classic textbook Recursive Methods in Economic Dynamics by Nancy L. Stokey, Robert E. Lucas, Jr., and Edward C. Prescott. The exercises in the Stokey et al. book are integral to the text, and thus, a reader cannot fully appreciate the text without understanding the results developed in the exercises. This manual provides detailed answers to the central exercises in Recursive Methods.
The authors’ selection of exercises is designed to maximize the reader’s understanding of Recursive Methods. Solutions are presented to every question in the core chapters on recursive methods, as well as most questions from the chapters on mathematical background. Some questions from the chapters on applications of these techniques to economic models have been reserved so as to provide instructors with a crucial “test bank” of questions.
Efficient and lucid in approach, this manual will greatly enhance the value of Recursive Methods as a text for self-study.
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Claudio Irigoyen is a graduate student in economics at the University of Chicago.
Esteban Rossi-Hansberg is Professor of Economics and International Affairs, Princeton University.
Mark L. J. Wright is Assistant Professor of Economics, University of California, Los Angeles.
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Zustand: New. This solutions manual is a companion volume to the text "Recursive Methods in Economic Dynamics" by Nancy Stokey and Robert Lucas. It does not, however, provide answers to every exercise, thereby leaving instructors with a crucial "test bank" of questions. Num Pages: 304 pages, 8 line illustrations. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 159 x 235 x 18. Weight in Grams: 442. . 2003. paperback. . . . . Books ship from the US and Ireland. Bestandsnummer des Verkäufers V9780674008885
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