Recursive Macroeconomic Theory - Couverture rigide

Ljungqvist, Lars; Sargent, Thomas J.

Couverture rigide

ISBN 10 : 0262194511 ISBN 13 : 9780262194518

Editeur : The MIT Press, 2000

Synopsis

An introduction to recursive tools, including standard applications such as asset pricing, and advanced material, including analyses of reputational mechanisms and contract design.

Recursive methods offer a powerful approach in dynamic macroeconomics. This book contains both an introduction to recursive tools, including standard applications such as asset pricing, and advanced material, including analyses of reputational mechanisms and contract design. The tools are presented with enough technical sophistication to get the reader started working on practical problems. When numerical simulations are called for, the book provides suggestions for how to proceed, as well as references for further reading.The applications cover many substantive issues in macroeconomics, such as equilibrium asset prices, market incompleteness, wealth distribution, fiscal-monetary theories of inflation, government debt, optimal labor and capital taxation, time consistency and credible government policies, optimal social insurance, economic growth, and labor market dynamics.

A propos du livre

À propos de l?auteur

Lars Ljungqvist is Professor of Economics at the Stockholm School of Economics.

Thomas J. Sargent, awarded the 2011 Nobel Prize in Economic Sciences, is Berkley Professor of Economics and Business at New York University and Senior Fellow at the Hoover Institution.

Détails de l'édition

• Éditeur: The MIT Press
• Date d'édition: 2000
• Langue: anglais
• ISBN 10: 0262194511
• ISBN 13: 9780262194518
• Reliure: Relié
• Nombre de pages: 737
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible