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Item Details
Title: RECURSIVE MACROECONOMIC THEORY
By: Lars Ljungqvist, Thomas J. Sargent
Format: Hardback

List price: £90.00


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0262018748
ISBN 13: 9780262018746
Publisher: MIT PRESS LTD
Pub. date: 31 August, 2012
Edition: third edition
Series: Recursive Macroeconomic Theory
Pages: 1360
Synopsis: Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. Only experience in solving practical problems fully conveys the power of the recursive approach, and the book provides many applications. This third edition offers substantial new material, with three entirely new chapters and significant revisions to others. The new content reflects recent developments in the field, further illustrating the power and pervasiveness of recursive methods. New chapters cover asset pricing empirics with possible resolutions to puzzles; analysis of credible government policy that entails state variables other than reputation; and foundations of aggregate labor supply with time averaging replacing employment lotteries. Other new material includes a multi-country analysis of taxation in a growth model, elaborations of the fiscal theory of the price level, and age externalities in a matching model.The book is suitable for both first- and second-year graduate courses in macroeconomics and monetary economics. Most chapters conclude with exercises. Many exercises and examples use Matlab programs, which are cited in a special index at the end of the book.
Illustrations: 122 b&w illus.
Publication: US
Imprint: MIT Press
Returns: Returnable
Some other items by this author:
BOUNDED RATIONALITY IN MACROECONOMICS (PB)
DYNAMIC MACROECONOMIC THEORY (HB)
ECONOMIC NETWORKS
ECONOMIC NETWORKS (HB)
ENERGY, FORESIGHT AND STRATEGY
ENERGY, FORESIGHT AND STRATEGY
ENERGY, FORESIGHT AND STRATEGY
ENERGY, FORESIGHT AND STRATEGY (HB)
ENERGY, FORESIGHT AND STRATEGY (PB)
ENERGY, FORESIGHT AND STRATEGY (PB)
ENERGY, FORESIGHT, AND STRATEGY
ENERGY, FORESIGHT, AND STRATEGY
ENERGY, FORESIGHT, AND STRATEGY
EXERCISES IN DYNAMIC MACROECONOMIC THEORY (PB)
MACROECONOMIC THEORY (HB)
MACROECONOMICS AT THE SERVICE OF PUBLIC POLICY (HB)
MACROECONOMICS AT THE SERVICE OF PUBLIC POLICY (PB)
RATIONAL EXPECTATIONS AND ECONOMETRIC PRACTICE (PB)
RATIONAL EXPECTATIONS AND ECONOMETRIC PRACTICE (PB)
RATIONAL EXPECTATIONS AND INFLATION
RATIONAL EXPECTATIONS AND INFLATION (HB)
RECURSIVE MACROECONOMIC THEORY (HB)
RECURSIVE MODELS OF DYNAMIC LINEAR ECONOMIES
RECURSIVE MODELS OF DYNAMIC LINEAR ECONOMIES (HB)
RECURSIVE MODELS OF DYNAMIC LINEAR ECONOMIES (PB)
ROBUSTNESS
ROBUSTNESS (HB)
ROBUSTNESS (PB)
THE BIG PROBLEM OF SMALL CHANGE
THE BIG PROBLEM OF SMALL CHANGE (HB)
THE BIG PROBLEM OF SMALL CHANGE (PB)
THE CONQUEST OF AMERICAN INFLATION (HB)
THE CONQUEST OF AMERICAN INFLATION (PB)
UNCERTAINTY WITHIN ECONOMIC MODELS (HB)

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