Recursive Macroeconomic Theory (The MIT Press)


Super Savings Item! Save 35% on the Recursive Macroeconomic Theory (The MIT Press) by The MIT Press at SADC Network. MPN: 0262038668SR9. Hurry! Limited time offer. Offer valid only while supplies last. The substantially revised fourth edition of a widely used text, offering both an introduction to recursive methods and advanced material, mixing tools and sample applications.Recursive methods provide powerful ways to pose and solve problems in dynamic macroeconomics. Recursive Macroeconomic Theory offers both an introduction to recursive methods and more advanced material. Only practice in solving diverse problems fully conveys the advantages of the recursive approach, so the book provides many


Recursive Macroeconomic Theory (The MIT Press) by The MIT Press
4.5 out of 5 stars with 7 reviews
Condition: New
Availability: In Stock
$120.00
$78.97
You Save: 34%


Quantity:  

 


Product Description & Reviews

The substantially revised fourth edition of a widely used text, offering both an introduction to recursive methods and advanced material, mixing tools and sample applications.Recursive methods provide powerful ways to pose and solve problems in dynamic macroeconomics. Recursive Macroeconomic Theory offers both an introduction to recursive methods and more advanced material. Only practice in solving diverse problems fully conveys the advantages of the recursive approach, so the book provides many applications. This fourth edition features two new chapters and substantial revisions to other chapters that demonstrate the power of recursive methods. One new chapter applies the recursive approach to Ramsey taxation and sharply characterizes the time inconsistency of optimal policies. These insights are used in other chapters to simplify recursive formulations of Ramsey plans and credible government policies. The second new chapter explores the mechanics of matching models and identifies a common channel through which productivity shocks are magnified across a variety of matching models. Other chapters have been extended and refined. For example, there is new material on heterogeneous beliefs in both complete and incomplete markets models; and there is a deeper account of forces that shape aggregate labor supply elasticities in lifecycle models. The book is suitable for first- and second-year graduate courses in macroeconomics. Most chapters conclude with exercises; many exercises and examples use Matlab or Python computer programming languages.

Features & Highlights

Additional Information

Brand:
The MIT Press
Manufacturer:
The MIT Press
Category:
International
MPN:
0262038668SR9
Release Date:
2018-09-11
EAN:
9780262038669
ISBN:
0262038668
Edition:
fourth edition
Part Number:
0262038668SR9
Genre:
BUSINESS & ECONOMICS
Author:
Array
Publisher:
The MIT Press
Publication Date:
2018-09-11
Binding:
Hardcover
Item Weight:
4.7 pounds
Item Size:
7.3 x 2 x 9.2 inches
Package Weight:
4.74 pounds
Package Size:
7.4 x 2.09 x 9.25 inches

 


Have questions about this item (0262038668SR9), or would like to inquire about a custom or bulk order?


If you have any questions about this product by The MIT Press, contact us by completing and submitting the form below. If you are looking for a specif part number, please include it with your message.

First Name:
Last Name:
Email Address:
Your Message:

Related Best Sellers


mpn: 12 black & white tables, ean: 9781137567536, isbn: 1137567538,
The state and entrepreneurs are two players that have shaped both economic activity and economic history throughout the world since the Industrial Revolution. This book analyzes the history of economic development in Egypt to show the impact of the r...

ean: 9789041105677, isbn: 9041105670,
The first part of this book deals with the general principles relating to international disputes settlement. It starts by looking at the nature of an international dispute in contemporary international law, and by discussing the principles governing ...

mpn: 44432225, ean: 9783319299129, isbn: 3319299123,
This book analyzes the political economy of higher education finance across a range of OECD countries, exploring why some students pay extortionate tuition fees whilst for others their education is free. What are the redistributional consequences of...

ean: 9789004167681, isbn: 9004167684,
This study of the wholesale trade in Brazilian sugar challenges previous imperial and mercantilist perspectives and presents the Atlantic economy in its earliest phases as an integrated, inter-imperial system not subject to monopolies and effective i...