Recursive Models of Dynamic Linear Economies
by Lars Hansen, Thomas J. Sargent
2005
ISBN/ASIN: B0006SBYR4
Number of pages: 530
Description:
This book views many apparently disparate dynamic economic models as examples of a single class of models that can be adapted and specialized to study diverse economic phenomena. The class of models was created by using recent advances in (i) the theory of recursive dynamic competitive economies; (ii) methods for estimating and interpreting vector autoregression; (iii) linear optimal control theory; and (iv) computer languages for rapidly manipulating linear optimal control systems.
Download or read it online for free here:
Download link
(2.4MB, PDF)
Similar books
Principles of Macroeconomicsby Libby Rittenberg, Timothy Tregarthen - Saylor Foundation
The authors teach economics as the study of choice by providing students with an accessible, straightforward overview of economics. This book helps students to understand how real individuals actually work with economics.
(15500 views)
Lecture Notes in Financial Economicsby Antonio Mele
The present Lecture Notes in Financial Economics are based on the author's teaching notes for advanced undergraduate and graduate courses on financial economics, macroeconomic dynamics, financial econometrics and financial engineering.
(19081 views)
International Macroeconomicsby Stephanie Schmitt-Grohe, Martin Uribe - Columbia University
The authors develop a theoretical framework for the analysis of the determinants of international capital movements, trade imbalances, and nominal and real exchange rates. The framework is then used as the basis for the discussion of policy issues.
(17060 views)
Notes on Macroeconomic Theoryby Steve Williamson - University of Iowa
Contents: Simple Representative Agent Models; Growth With Overlapping Generations; Neoclassical Growth and Dynamic Programming; Endogenous Growth; Choice Under Uncertainty; Consumption and Asset Pricing; Search and Unemployment; etc.
(15935 views)