Recursive Models of Dynamic Linear Economies
by Lars Hansen, Thomas J. Sargent
Number of pages: 530
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.
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by 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.
by Peter Jochumzen - BookBoon
In Macroeconomics the object is to study the performance, structure and behavior of a national or regional economy as a whole. This free 163-pages long textbook provides a comprehensive overview of all facets from Macroeconomics.
by Robert M. Kunst - University of Vienna
Macroeconomics describes and explains economic processes that concern aggregates. An aggregate is a multitude of economic subjects that share some common features. By contrast, microeconomics treats economic processes that concern individuals.
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These notes are targeted to advanced Master and Ph.D. students in economics. The material contained in these notes only assumes the reader to know basic math and static optimization, and a basic graduate knowledge of economics.