Dynamic General Equilibrium Modeling: Computational Methods And Applications

Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. In part I, the representative-agent stochastic growth model is solved with the help of value function iteration, linear and linear quadratic approximation methods, parameterised expectations and projection methods.

• | By (Author): Burkhard Heer
• | Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
• | Publication Date: Oct 20, 2011
• | Country of Publication: Germany
• | Number of Pages: 702 pages
• | Language: Not Available
• | Binding: Hardback
• | ISBN-10: 3540856846
• | ISBN-13: 9783540856849