Recursive macroeconomic theory /
"The substantially revised fourth edition of a widely used text, offering both an introduction to recursive methods and advanced material, mixing tools and sample applications. Recursive methods provide powerful ways to pose and solve problems in dynamic macroeconomics. Recursive Macroeconomic...
Guardado en:
| Autor principal: | |
|---|---|
| Otros Autores: | |
| Formato: | Libro |
| Lenguaje: | Inglés |
| Publicado: |
Cambridge, Mass. :
MIT Press,
c2018.
|
| Edición: | 4th ed., rev. |
| Materias: | |
| Aporte de: | Registro referencial: Solicitar el recurso aquí |
| LEADER | 04006cam a2200361 i 4500 | ||
|---|---|---|---|
| 001 | 99782129604151 | ||
| 005 | 20241030105237.0 | ||
| 008 | 180119s2018 mau b 001 0 eng | ||
| 010 | |a 2018002500 | ||
| 020 | |a 9780262038669 |q (hardcover) | ||
| 020 | |a 0262038668 |q (hardcover) | ||
| 035 | |a (OCoLC)1020300576 | ||
| 035 | |a (OCoLC)on1020300576 | ||
| 040 | |a DLC |c DLC |d OCLCO |d OCLCA |d U@S | ||
| 042 | |a pcc | ||
| 049 | |a U@SA | ||
| 050 | 0 | 0 | |a HB172.5 |b .L59 2018 |
| 082 | 0 | 0 | |a 339.01/51135 |2 23 |
| 100 | 1 | |a Ljungqvist, Lars. | |
| 245 | 1 | 0 | |a Recursive macroeconomic theory / |c Lars Ljungqvist, Thomas J. Sargent. |
| 250 | |a 4th ed., rev. | ||
| 260 | |a Cambridge, Mass. : |b MIT Press, |c c2018. | ||
| 300 | |a xxxvii, 1437 p. ; |c 24 cm. | ||
| 504 | |a Incluye referencias bibliográficas e índices. | ||
| 505 | 0 | |a Preface to the fourth edition -- Imperialism of recursive methods -- Overview -- Tools -- Time series -- Dynamic programming -- Practical dynamic programming -- Linear quadratic dynamic programming -- Search and unemployment -- Competitive equilibria and applications -- Recursive competitive equilibrium: I -- Equilibrium with complete markets -- Overlapping generations -- Ricardian equivalence -- Fiscal policies in a growth model -- Recursive competitive equilibrium: II -- Asset pricing theory -- Asset pricing empirics -- Economic growth -- Optimal taxation with commitment -- The savings problem and bewley models -- Self-insurance -- Incomplete markets models -- Recursive contracts -- Dynamic stackelberg problems -- Two ramsey problems revisited -- Incentives and insurance -- Equilibrium without commitment -- Optimal unemployment insurance -- Credible government policies: I -- Credible government policies: II -- Two topics in international trade -- Classical monetary and labor economics -- Fiscal-monetary theories of inflation -- Credit and currency -- Equilibrium search, matching, and lotteries -- Matching models mechanics -- Foundations of aggregate labor supply -- Technical appendices -- A. Functional analysis -- B. Linear projections and hidden markov models. | |
| 520 | |a "The substantially revised fourth edition of a widely used text, offering both an introduction to recursive methods and advanced material, mixing tools and sample applications. Recursive methods provide powerful ways to pose and solve problems in dynamic macroeconomics. Recursive Macroeconomic Theory offers both an introduction to recursive methods and more advanced material. Only practice in solving diverse problems fully conveys the advantages of the recursive approach, so the book provides many applications. This fourth edition features two new chapters and substantial revisions to other chapters that demonstrate the power of recursive methods. One new chapter applies the recursive approach to Ramsey taxation and sharply characterizes the time inconsistency of optimal policies. These insights are used in other chapters to simplify recursive formulations of Ramsey plans and credible government policies. The second new chapter explores the mechanics of matching models and identifies a common channel through which productivity shocks are magnified across a variety of matching models. Other chapters have been extended and refined. For example, there is new material on heterogeneous beliefs in both complete and incomplete markets models; and there is a deeper account of forces that shape aggregate labor supply elasticities in lifecycle models. The book is suitable for first- and second-year graduate courses in macroeconomics. Most chapters conclude with exercises; many exercises and examples use Matlab or Python computer programming languages." --Descripción del editor. | ||
| 650 | 0 | |a Macroeconomics. | |
| 650 | 0 | |a Recursive functions. | |
| 650 | 0 | |a Statics and dynamics (Social sciences) | |
| 650 | 7 | |a Macroeconomía. |2 UDESA | |
| 650 | 7 | |a Funciones recursivas. |2 UDESA | |
| 650 | 7 | |a Estática y dinámica (Ciencias sociales) |2 UDESA | |
| 700 | 1 | |a Sargent, Thomas J. | |