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Economic Growth: Theory and Numerical Solution Methods PDF

543 Pages·2009·8.845 MB·English
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by Alfonso Novales, Esther Fernandez, Jesus Ruiz| 2009| 543 pages| 8.845| English

About Economic Growth: Theory and Numerical Solution Methods

This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern Business Cycle Theory, the New Keynesian Macroeconomics, the class of Dynamic Stochastic General Equilibrium models, can be all considered as special cases of models of economic growth, and they can be analyzed by the theoretical and numerical procedures provided in the textbook. Analytical discussions are presented in full detail. The book is self contained and it is designed so that the student advances in the theoretical and the computational issues in parallel. EXCEL and Matlab files are provided on an accompanying website to illustrate theoretical results as well as to simulate the effects of economic policy interventions.

Detailed Information

Author:Alfonso Novales, Esther Fernandez, Jesus Ruiz
Publication Year:2009
ISBN:9783540686651
Pages:543
Language:English
File Size:8.845
Format:PDF
Price:FREE
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