Dynamic General Equilibrium Modeling

Computational Methods and Applications

AvBurkhard Heer,Alfred Maussner

Inbunden, Engelska, 2008

1 873 kr

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Inbunden

990 kr

Häftad

721 kr

Beskrivning

Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. In part I, the representative-agent stochastic growth model is solved with the help of value function iteration, linear and linear quadratic approximation methods, parameterised expectations and projection methods.

Produktinformation

Utgivningsdatum:2008-11-24
Mått:155 x 235 x 41 mm
Vikt:1 182 g
Format:Inbunden
Språk:Engelska
Antal sidor:702
Upplaga:2
Förlag:Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN:9783540856849

Utforska kategorier

Nationalekonomi inom Ekonomi och Ledarskap

Recensioner i media

From the reviews of the second edition: "The book is devoted to the presentation of such methods applied to solving a variety of discrete stochastic and deterministic DGE models in infinite time horizon. The way the book is written enables to use it as a lecture book for courses on computational methods in macroeconomics or modern dynamic equilibrium modeling for graduate students. There are given many useful practical hints on using the methods in practice - this makes the book very valuable for practical users of DGE models." (Piotr Mackowiak, Zentralblatt MATH, Vol. 1200, 2011)

Innehållsförteckning

Representative Agent Models.- Basic Models.- Perturbation Methods.- Deterministic Extended Path.- Discrete State Space Methods.- Parameterized Expectations.- Projection Methods.- Heterogeneous Agent Models.- Computation of Stationary Distributions.- Dynamics of the Distribution function.- Deterministic Overlapping Generations Models.- Stochastic Overlapping Generations Models.- Tools.- Numerical Methods.- Various Other Tools.