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Dynamic Macroeconomic Analysis

Language EnglishEnglish
Book Paperback
Book Dynamic Macroeconomic Analysis Sumru Altug
Libristo code: 04092500
Publishers Cambridge University Press, November 2003
Dynamic stochastic general equilibrium (DSGE) models have begun to dominate the field of macroeconom... Full description
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Dynamic stochastic general equilibrium (DSGE) models have begun to dominate the field of macroeconomic theory and policy-making. These models describe the evolution of macroeconomic activity as a recursive sequence of outcomes based upon the optimal decision rules of rational households, firms and policy-makers. Whilst posing a micro-founded dynamic optimisation problem for agents under uncertainty, such models have been shown to be both analytically tractable and sufficiently rich for meaningful policy analysis in a wide class of macroeconomic problems, for example, monetary and fiscal policy, economic cycles and growth and capital flows. This volume collects specially commissioned papers from leading researchers, which pull together some of the key results in diverse areas. This book will promote research using optimising models and inform researchers, post-graduate students and economists in policy-oriented organisations of some of the key findings and policy implications.

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About the book

Full name Dynamic Macroeconomic Analysis
Author Sumru Altug
Language English
Binding Book - Paperback
Date of issue 2003
Number of pages 612
EAN 9780521534031
ISBN 0521534038
Libristo code 04092500
Weight 1206
Dimensions 170 x 244 x 31
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