Recursive Macroeconomic Theory
%50
2.286,03 TL
1.143,02 TL
Kategori
Yayınevi
Barkod
9780262194518
Yazar
Ljungqvist, Lars
Yayın Dili
İngilizce
Yayın Yılı
2000
Sayfa Sayısı
737
Kapak Tipi
Sert Kapak
Piyasa Fiyatı
65 USD
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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