Understanding DSGE models;Theory and Applications - Couverture rigide

Junior, Celso Jose Costa

Couverture rigide

ISBN 10 : 1622730380 ISBN 13 : 9781622730384

Editeur : Vernon Press, 2016

Synopsis

While the theoretical development of DSGE models is not overly difficult to understand, practical application remains somewhat complex. The literature on this subject has some significant obscure points. This book can be thought of, firstly, as a tool to overcome initial hurdles with this type of modeling. Secondly, by showcasing concrete applications, it aims to persuade incipient researchers to work with this methodology. In principle, this is not a book on macroeconomics in itself, but on tools used in the construction of this sort of models. It strives to present this technique in a detailed manner, thereby providing a step by step course intended to walk readers through this otherwise daunting process. The book begins with a basic Real Business Cycle model. Subsequently various frictions are gradually incorporated into a standard DSGE model: imperfect competition; frictions in prices and in wages; habit formation; non-Ricardian agents; adjustment cost in investment; costs of not using the maximum installed capacity; and finally, Government.

A propos du livre

À propos de l'auteur

Celso Costa is Lecturer and Associated Researcher at the Brazilian Macro Center - São Paulo School of Economics (EESP) - FGV recognized as one of the top schools of economics in Latin America. And Adjunct Professor at Universidade Estadual de Ponta Grossa - UEPG. Prior to his present roles, he completed a Post-doctorate in Economics at EESP. He holds a PhD in Economic Development from Universidade Federal do Paraná - UFPR, a Masters degree in Economics from Universidade Estadual Paulista - UNESP and a Bachelor degree in Geophysics from Universidade de São Paulo - USP.

Détails de l'édition

• Éditeur: Vernon Press
• Date d'édition: 2016
• Langue: anglais
• ISBN 10: 1622730380
• ISBN 13: 9781622730384
• Reliure: Relié
• Nombre de pages: 280
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible