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Produktbild: Models for Dynamic Macroeconomics

Models for Dynamic Macroeconomics

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Beschreibung

Produktdetails

Einband

Taschenbuch

Erscheinungsdatum

29.11.2007

Verlag

Oxford Academic

Seitenzahl

296

Maße (L/B/H)

23,4/15,6/1,6 cm

Gewicht

455 g

Sprache

Englisch

ISBN

978-0-19-922832-4

Beschreibung

Produktdetails

Einband

Taschenbuch

Erscheinungsdatum

29.11.2007

Verlag

Oxford Academic

Seitenzahl

296

Maße (L/B/H)

23,4/15,6/1,6 cm

Gewicht

455 g

Sprache

Englisch

ISBN

978-0-19-922832-4

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  • Produktbild: Models for Dynamic Macroeconomics

    • Preface

    • 1: Dynamic Consumption Theory

    • 1.1 Permanent Income and Optimal Consumption

    • 1.2 Empirical Issues

    • 1.3 The Role of Precautionary Saving

    • 1.4 Consumption and Financial Returns

    • Appendix A1: Dynamic Programming

    • Review Exercises

    • Further Reading

    • References

    • 2: Dynamic Models of Investment

    • 2.1 Convex Adjustment Costs

    • 2.2 Continuous-Time Optimization

    • 2.3 Steady-State and Adjustment Paths

    • 2.4 The Value of Capital and Future Cash Flows

    • 2.5 Average Value Capital

    • 2.6 A Dynamic IS-LM Model

    • 2.7 Linear Adjustment Costs

    • 2.8 Irreversible Investment Under Certainty

    • Appendix A2: Hamiltonian Optimization Methods

    • Review Exercises

    • Further Readings

    • References

    • 3: Adjustment Costs in the Labor Market

    • 3.1 Hiring and Firing Costs

    • 3.2 The Dynamics of Employment

    • 3.3 Average Long-Run Effects

    • 3.4 Adjustment Costs and Labor Allocation

    • Appendix A3: (Two-State) Markov Processes

    • Review Exercises

    • Further Reading

    • References

    • 4: Growth in Dynamic General Equilibrium

    • 4.1 Production, Savings, and Growth

    • 4.2 Dynamic Optimization

    • 4.3 Decentralized Production and Investment Decisions

    • 4.4 Measurement of "Progress": the Solow Residual

    • 4.5 Endogenous Growth and Market Imperfections

    • Review Exercises

    • Further Exercises

    • References

    • 5: Coordination and Externalities in Macroeconomics

    • 5.1 Trading Externalities and Multiple Equilibria

    • 5.2 A Search Model of Money

    • 5.3 Search Externalities in the Labor Market

    • 5.4 Dynamics

    • 5.5 Externalities and Efficiency

    • Review Exercises

    • Further Reading

    • References

    • Answers to Exercises