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Könyv Understanding Dsge Models Celso Jose Costa Junior

Understanding Dsge Models

Theory and Applications

Szerző: Celso Jose Costa Junior
Nyelv: Angol
Kötés: Puha kötésű
Kiadó: Vernon Press
Elérhetőség: Beszállítói készleten
Küldés 10-16 napon belül
26 058 Ft
While the theoretical development of DSGE models is not overly difficult to understand, practical ap...

Információk a könyvről

Szerző
Celso Jose Costa Junior
Nyelv
Angol
Kötés
Könyv - Puha kötésű
Kiadva
2016
oldal
286
EAN
9781622731336
ISBN
1622731336
Enbook ID
14429975
Kiadó
Vernon Press
Súly
387
Méretek
152 x 229 x 15

Teljes leírás

While the theoretical development of DSGE models is not overly difficult to understand, practical application remains somewhat complex. The literature on this subject has some significant obscure points. This book can be thought of, firstly, as a tool to overcome initial hurdles with this type of modeling. Secondly, by showcasing concrete applications, it aims to persuade incipient researchers to work with this methodology. In principle, this is not a book on macroeconomics in itself, but on tools used in the construction of this sort of models. It strives to present this technique in a detailed manner, thereby providing a step by step course intended to walk readers through this otherwise daunting process. The book begins with a basic Real Business Cycle model. Subsequently various frictions are gradually incorporated into a standard DSGE model: imperfect competition; frictions in prices and in wages; habit formation; non-Ricardian agents; adjustment cost in investment; costs of not using the maximum installed capacity; and finally, Government.

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