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Methods of macroeconomic dynamics /

Methods of Macroeconomic Dynamics provides a comprehensive treatment of dynamic modeling for first- and second-year graduate students. It focuses on certain key macroeconomic models - selected from early as well as recent research - to teach students how dynamic modeling is used to analyze the effec...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Turnovsky, Stephen J.
Format: Electronic eBook
Language:Inglés
Published: Cambridge, Mass. : MIT Press, ©1995.
Subjects:
Online Access:Texto completo
Table of Contents:
  • Traditional macrodynamics
  • 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 behavior
  • 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 model in the international economy
  • An introduction to endogenous growth models
  • Continuous-time stochastic optimization
  • A stochastic intertemporal model of a small open economy.