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The ABCs of RBCs : an introduction to dynamic macroeconomic models /

"The ABCs of RBCs is the first book to provide a basic introduction to Real Business Cycle (RBC) and New Keynesian models. These models argue that random shocks - new inventions, droughts, and wars, in the case of pure RBC models, and monetary and fiscal policy and international investor risk a...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: McCandless, George T.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, MA : Harvard University Pres, 2008.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:"The ABCs of RBCs is the first book to provide a basic introduction to Real Business Cycle (RBC) and New Keynesian models. These models argue that random shocks - new inventions, droughts, and wars, in the case of pure RBC models, and monetary and fiscal policy and international investor risk aversion, in more open interpretations - can trigger booms and recessions and can account for much of observed output volatility." "The ABCs of RBCs is designed to teach the economic practitioner or student how to build simple RBC models. Matlab code for solving many of the models is provided, and careful readers should be able to construct, solve, and use their own models."--Jacket
Descripción Física:1 online resource (xiv, 421 pages) : illustrations
Bibliografía:Includes bibliographical references (pages 411-416) and index.
ISBN:9780674033788
0674033787