Methods of macroeconomic dynamics / Stephen J. Turnovsky

Turnovsky, Stephen J.

ISBN 10: 0262200988 / ISBN 13: 9780262200981

Verlag: Cambridge, Mass. : MIT Press, 1995

Near fine cloth copy in a near-fine, very slightly edge-dulled dust wrapper. Remains particularly well-preserved overall; tight, bright, clean and strong. Physical description; 535 pp. Contents; I. Introduction and Overview. 1. Traditional Macrodynamics. 2. A Dynamic Portfolio Balance Macroeconomic Model -- II. Rational Expectations. 3. Rational Expectations: Some Basic Issues. 4. Rational Expectations and Policy Neutrality. 5. Nonuniqueness Issues in Rational Expectations Models. 6. Rational Expectations and Saddlepoint Behavior. 7. The Stability of Government Deficit Financing under Rational Expectations. 8. Macroeconomic Stabilization Policy under Rational Expectations -- III. Intertemporal Optimization. 9. The Representative Agent Model. 10. Equilibrium in a Decentralized Economy with Distortionary Taxes and Inflation. 11. A Dynamic Analysis of Taxes. 12. The Representative Agent Model in the International Economy. 13. An Introduction to Endogenous Growth Models -- IV. Continuous-Time Stochastic Models. 14. Continuous-Time Stochastic Optimization. 15. A Stochastic Intertemporal Model of a Small Open Economy. Subjects; Macroeconomics Mathematical models. Statics and dynamics (Social sciences). Economic Theory. Business & Economics. Rational expectations. 3 Kg. Bestandsnummer des Verkäufers 386335

Inhaltsangabe:

Methods of Macroeconomic Dynamics provides a comprehensive treatment of dynamic modeling for first- and second-year graduate students. It focuses on certain key macroeconomic models - selected from early as well as recent research - to teach students how dynamic modeling is used to analyze the effects of policy on economic growth and performance. Large portions of the text are devoted to rational expectations models and to the representative agent model in continuous time. Professionals will find the book useful as a reference that offers both a broad overview of the evolution of methods of macroeconomic dynamics and a detailed explanation of the technical aspects of the most recent dynamic models.

Über die Autorin bzw. den Autor: Stephen J. Turnovsky is Castor Professor of Economics at the University of Washington.

Bibliografische Details

Titel: Methods of macroeconomic dynamics / Stephen ...
Verlag: Cambridge, Mass. : MIT Press
Erscheinungsdatum: 1995
Einband: Hardcover
Zustand des Schutzumschlags: Schutzumschlag
Auflage: 1st edition.