Dynamic General Equilibrium Modeling

Name: Dynamic General Equilibrium Modeling
Brand: Springer, Berlin
SKU: 9783031516801
Price: 34013 HUF
Availability: InStock

Computational Methods and Applications

Szerző: Burkhard Heer, Alfred Maußner

Nyelv:

Kötés: Kemény kötésű

Kiadó: Springer, Berlin

Elérhetőség: Beszállítói készleten

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Contemporary macroeconomics is built upon microeconomic principles, with its most recent advance fea...

Információk a könyvről

Szerző

Burkhard Heer, Alfred Maußner

Nyelv

Angol

Kötés

Könyv - Kemény kötésű

Kiadva

2024

oldal

956

EAN

9783031516801

Enbook ID

44544838

Kiadó

Springer, Berlin

Súly

1680

Méretek

155 x 235

Teljes leírás

Contemporary macroeconomics is built upon microeconomic principles, with its most recent advance featuring dynamic stochastic general equilibrium models. Our textbook acquaints readers with the essential computational techniques required to tackle these models and employ them for quantitative analysis. This third edition maintains the structure of the second, dividing the content into three separate parts dedicated to representative agent models, heterogeneous agent models, and numerical methods. At the same time, every chapter has been revised and two entirely new chapters have been added.The updated content reflects the latest advances in both numerical methods and their applications in macroeconomics, spanning areas like business-cycle analysis, economic growth theory, distributional economics, monetary and fiscal policy. The two new chapters delve into advanced techniques, including higher-order perturbation, weighted residual methods, and solutions to high-dimensional nonlinear problems. In addition, we present further insights from macroeconomic theory, complemented by practical applications like the Smolyak algorithm, Gorman aggregation, rare disaster models and dynamic Laffer curves. Lastly, the new edition places special emphasis on practical implementation across various programming languages; accordingly, its accompanying web page offers examples of computer code for languages such as MATLAB®, GAUSS, Fortran, Julia and Python.

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Dynamic General Equilibrium Modeling

Computational Methods and Applications

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