Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. A wide variety of mathematical tools are needed to solve these models. This book presents methods used to compute the dynamics of general equilibrium models.
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Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. A wide variety of mathematical tools are needed to solve these models. This book presents methods used to compute the dynamics of general equilibrium models.
Read Less
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New. Print on demand Contains: Illustrations, black & white, Illustrations, color. Springer Texts in Business and Economics . XLIII, 912 p. 129 illus., 87 illus. in color. Intended for professional and scholarly audience.