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Stochastic dynamic macroeconomics : theory and empirical evidence /

This is a book on stochastic dynamic macroeconomics from a Keynesian perspective. It shows that including Keynesian features in intertemporal models considerably contributes to resolve major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model. It also demonstrates that incl...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Gong, Gang, 1959-
Other Authors: Semmler, Willi
Format: Electronic eBook
Language:Inglés
Published: Oxford ; New York : Oxford University Press, 2006.
Series:OUP E-Books.
Subjects:
Online Access:Texto completo
Table of Contents:
  • Introduction and Overview; 1. Solution Methods of Stochastic Dynamic Models; 2. Solving a Prototype Stochastic Dynamic Model; 3. Estimating and Evaluating the Stochastic Dynamic Model; 4. Real Business Cycles: Theory and Solutions; 5. Empirics of the Standard Real Business Cycle Model; 6. Asset Market Implications of Real Businss Cycles; 7. Multiple Equilibria and History Dependence; 8. Business Cycles with a Nonclearing Labor Market; 9. Monopolistic Competition, Nonclearing Markets, and Technology Shocks; 10. Reflections and Conclusions; Notes; Bibliography; Index; A; B; C; D; E; F.