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Item Details
Title:
COMPUTATIONAL METHODS FOR THE STUDY OF DYNAMIC ECONOMIES
By:
Ramon Marimon (Editor), Andrew Scott (Editor)
Format:
Hardback
List price:
£115.00
Our price:
£100.63
Discount:
12.5
% off
You save:
£14.37
ISBN 10:
0198294972
ISBN 13:
9780198294979
Availability:
Usually dispatched within 1-3 weeks.
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Stock:
Currently
0
available
Publisher:
OXFORD UNIVERSITY PRESS
Pub. date:
4 March, 1999
Pages:
292
Description:
Economists are increasingly using computer simulations to understand the implications of their theoretical models and to make policy recommendations. New model solution techniques are required to deal with the increasingly important role of dynamics and uncertainty in macroeconomics. This book consists of articles by leading contributors in the field showing how to use these techniques in the context of standard macroeconomic models.
Synopsis:
Macroeconomics increasingly uses stochastic dynamic general equilibrium models to understand theoretical and policy issues. Unless very strong assumptions are made, understanding the properties of particular models requires solving the model using a computer. This volume brings together leading contributors in the field who explain in detail how to implement the computational techniques needed to solve dynamic economics models. A broad spread of techniques are covered, and their application in a wide range of subjects discussed. The book provides the basics of a toolkit which researchers and graduate students can use to solve and analyse their own theoretical models.
Illustrations:
numerous figures
Publication:
UK
Imprint:
Oxford University Press
Returns:
Returnable
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