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Recursive macroeconomic theory
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Recursive macroeconomic theory

Author: Lars Ljungqvist; Thomas J Sargent
Publisher: Cambridge, Mass. : MIT Press, ©2004.
Edition/Format:   Book : English : 2nd edView all editions and formats
Summary:
"Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. The second edition contains substantial revisions to about half the original material, and extensive additional coverage appears in seven chapters new to  Read more...
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Details

Genre/Form: Lehrbuch
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Lars Ljungqvist; Thomas J Sargent
ISBN: 026212274X 9780262122740
OCLC Number: 55644975
Description: xxxiv, 1082 p. : ill. ; 24 cm.
Contents: The imperialism of recursive methods --
Tools --
Competitive equilibria and applications --
The savings problem and Bewley models --
Recursive contracts --
Classical monetary economics and search --
Technical appendixes.
Responsibility: Lars Ljungqvist, Thomas J. Sargent.

Abstract:

"Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. The second edition contains substantial revisions to about half the original material, and extensive additional coverage appears in seven chapters new to this edition. The updated and added material covers new topics that further illustrate the power and pervasiveness of recursive methods."--Jacket.

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