Recursive Macroeconomic Theory

Name: Recursive Macroeconomic Theory
Availability: OutOfStock
ISBN: 9780262018746

ISBN-10: 0262018748

ISBN-13: 9780262018746

Edition: 3rd 2012

Authors: Lars Ljungqvist, Thomas J. Sargent

List price: $95.00

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Description:

Recursive methods offer a powerful approach for characterizing and solvingcomplicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both anintroduction to recursive methods and advanced material, mixing tools and sample applications. Onlyexperience in solving practical problems fully conveys the power of the recursive approach, and thebook provides many applications. This third edition offers substantial new material, with threeentirely new chapters and significant revisions to others. The new content reflects recentdevelopments in the field, further illustrating the power and pervasiveness of recursivemethods.New chapters cover asset pricing empirics with…

Book details

List price: $95.00
Edition: 3rd
Copyright year: 2012
Publisher: MIT Press
Publication date: 8/31/2012
Binding: Hardcover
Pages: 1360
Size: 7.25" wide x 9.50" long x 2.25" tall
Weight: 4.840
Language: English

Thomas J. Sargent is Donald Lucas Professor of Economics at Stanford University and Senior Fellow at the Hoover Institution. A pioneer of the rational expectations school of macroeconomics, he is the author of The Conquest of American Inflation (Princeton), Bounded Rationality in Macroeconomics, and Dynamic Macroeconomic Theory. François R. Velde is Senior Economist at the Federal Reserve Bank in Chicago and Lecturer in Economics at the University of Chicago.