Methods of Macroeconomic Dynamics

Michael K. Hendrickson, Stephen J. Turnovsky (Autoren)

Buch | Softcover

152 Seiten

1996 | Workbook ed.
MIT Press (Verlag)
978-0-262-70058-0 (ISBN)

Infos

This exercise workbook with solutions accompanies Turnovsky's textbook, "Methods of Macroeconomics Dynamics". There are 14 chapters of exercises which are intended to help students master the basic methods of macroeconomic dynamic analysis. "Methods of Macoeconomic Dynamics" provides 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.

Inhalt

Introduction and overview; a dynamic portfolio balance macroeconomic model; rational expectations - some basic issues; rational expectations and policy neutrality; nonuniqueness issues in rational expectations models; rational expectations and saddlepoint behaviour; the stability of government deficit financing under rational expectations; macroeconomic stabilization policy under rational expectations; the representative agent model; equilibrium in a decentralized economy with distortionary taxes and inflation; a dynamic analysis of taxes; the representative agent in the international economy; an introduction to endogenous growth models; continuous-time stochastic optimization; a stochastic intertemporal model of a small open economy.

Produkt-Details

• Erscheint lt. Verlag: 19.2.1996
• Zusatzinfo: Illustrations
• Verlagsort: Cambridge, Mass.
• Sprache: englisch
• Maße: 176 x 252 mm
• Gewicht: 340 g
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• ISBN-10: 0-262-70058-1 / 0262700581
• ISBN-13: 978-0-262-70058-0 / 9780262700580
• Zustand: Neuware