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Economic Growth: Theory and Numerical Solution Methods

Alfonso Novales, Esther Fernández, Jesús Ruíz




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 | #4487423 in Books |  2010-04-02 | Original language:English | PDF # 1 |  9.00 x1.24 x6.00l,1.70 | File type: PDF | 528 pages

|| ||From the reviews:||"The new book … focus on numerical solution methods for growth models, with the addition of extensions on business cycles models (and growth theory, too). The main sections cover the Neoclassical growth model, optimal growth in conti

This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern Business Cycle Theory, the New Keynesian Macroeconomics, the class of Dynamic Stochastic General Equilibrium models, can be all considered as special cases of models of ...

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