Recursive Macroeconomic Theory

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Lars Ljungqvist, Thomas J. Sargent - Recursive Macroeconomic Theory-The MIT Press (2012)
THIRD EDITION

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关键词：Recursive MacroEcon macroeco Economic Theory RMT

Bay_max华 发表于 2019-3-29 16:14
Lars Ljungqvist, Thomas J. Sargent - Recursive Macroeconomic Theory-The MIT Press (2012)
THIRD EDIT ...

去年更新到第四版了，近1500页的巨无霸！

Bay_max华 发表于 2019-3-29 16:14
Lars Ljungqvist, Thomas J. Sargent - Recursive Macroeconomic Theory-The MIT Press (2012)
THIRD EDIT ...

The substantially revised fourth edition of a widely used text, offering both an introduction to recursive methods and advanced material, mixing tools and sample applications.
Recursive methods provide powerful ways to pose and solve problems in dynamic macroeconomics. Recursive Macroeconomic Theory offers both an introduction to recursive methods and more advanced material. Only practice in solving diverse problems fully conveys the advantages of the recursive approach, so the book provides many applications. This fourth edition features two new chapters and substantial revisions to other chapters that demonstrate the power of recursive methods. One new chapter applies the recursive approach to Ramsey taxation and sharply characterizes the time inconsistency of optimal policies. These insights are used in other chapters to simplify recursive formulations of Ramsey plans and credible government policies. The second new chapter explores the mechanics of matching models and identifies a common channel through which productivity shocks are magnified across a variety of matching models. Other chapters have been extended and refined. For example, there is new material on heterogeneous beliefs in both complete and incomplete markets models; and there is a deeper account of forces that shape aggregate labor supply elasticities in lifecycle models. The book is suitable for first- and second-year graduate courses in macroeconomics. Most chapters conclude with exercises; many exercises and examples use Matlab or Python computer programming languages.

FredChow 发表于 2019-3-29 17:54
去年更新到第四版了，近1500页的巨无霸！

是啊，但是原版书好贵啊，只能先看第三版吧，这本书可以当handbook看，慢慢看吧