Stochastic dynamic macroeconomics [[electronic resource] ] : theory and empirical evidence / / Gang Gong, Willi Semmler

• Autore: Gong Gang <1959->
• Pubblicazione: Oxford ; ; New York, : Oxford University Press, 2006
• Descrizione fisica: 1 online resource (213 p.)
• Disciplina: 339/.01/51922
• Soggetto topico: Macroeconomics - Mathematical models; Equilibrium (Economics) - Mathematical models; Business cycles - Mathematical models; Keynesian economics - Mathematical models; Stochastic analysis
• Altri autori: SemmlerWilli
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references (p. 189-199) and index.
• Nota di contenuto: Contents; Introduction and Overview; 1. Solution Methods of Stochastic Dynamic Models; 2. Solving a Prototype Stochastic Dynamic Model; 3. Estimating and Evaluating the Stochastic Dynamic Model; 4. Real Business Cycles: Theory and Solutions; 5. Empirics of the Standard Real Business Cycle Model; 6. Asset Market Implications of Real Businss Cycles; 7. Multiple Equilibria and History Dependence; 8. Business Cycles with a Nonclearing Labor Market; 9. Monopolistic Competition, Nonclearing Markets, and Technology Shocks; 10. Reflections and Conclusions; Notes; Bibliography; Index; A; B; C; D; E; F ; GH; I; K; L; M; N; P; R; S; T; U; V; W
• Sommario/riassunto: Focusing on stochastic dynamic macroeconomics from a Keynesian perpective, this book shows that including Keynesian features in intertemporal models contributes to resolving major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model.
• Titolo autorizzato: Stochastic dynamic macroeconomics
• ISBN: 0-19-771059-X; 1-280-84636-4; 0-19-534573-8; 1-4294-3846-0
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910784886903321
• Lo trovi qui: Univ. Federico II