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. 1 Kg.

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Bibliografische Details

Titel: Methods of macroeconomic dynamics / Stephen J. Turnovsky
Verlag: Cambridge, Mass. : MIT Press
Erscheinungsjahr: 1995
Sprache: Englisch
ISBN-10: 0262200988
ISBN-13: 9780262200981
Einband: Hardcover
Auflage: 1st edition.
Zustand des Schutzumschlags: Schutzumschlag

�ber diesen Titel

Inhaltsangabe

An analysis of dynamic modelling which aims to demonstrate how it is used to analyze the effects of policy on economic growth and performance. Chapters cover traditional macrodynamics, rational expectations, intertemporal optimization and continuous-time stochastic models.

�ber die Autorin bzw. den Autor

Stephen J. Turnovsky is Castor Professor of Economics at the University of Washington.

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