Recursive Macroeconomic Theory

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Advanced macroeconomics through recursive methodologies.

If you're delving into the rigorous world of macroeconomic theory, this tome by Ljungqvist and Sargent is like a treasure chest waiting to be unlocked. It's not just a study aid; it's an intellectual challenge that will arm you with a profound understanding of recursive methods, equipping you for topics as intricate as asset pricing and contract design. Ideal for anyone serious about elevating their economic analysis to scholarly heights.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Recursive Macroeconomic Theory

Regular price
Unit price
per
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ISBN: 9780262194518
Publisher: Mit Pr
Date of Publication: 2000-01-01
Format: Hardcover
Related Collections: Business, Economics
Related Topics: Finance, Money
Goodreads rating: 4.08
(rated by 76 readers)

Description

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.
 

Advanced macroeconomics through recursive methodologies.

If you're delving into the rigorous world of macroeconomic theory, this tome by Ljungqvist and Sargent is like a treasure chest waiting to be unlocked. It's not just a study aid; it's an intellectual challenge that will arm you with a profound understanding of recursive methods, equipping you for topics as intricate as asset pricing and contract design. Ideal for anyone serious about elevating their economic analysis to scholarly heights.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.