Methods of macroeconomic dynamics
By: Stephen J. Turnovsky.
Publisher: MIT Press
Published: 1995
Place of publication: Cambridge, Mass
Language: eng
Number of pages: 535
Subjects: Macroeconomics.; Macroeconomics -- Mathematical models.; Statics and dynamics (Social sciences)
Description: Methods of Macroeconomic Dynamics provides a comprehensive treatment of dynamic modeling for first- and second-year graduate students. It focuses on certain key macroeconomic models - selected from early as well as recent research - to teach students how dynamic modeling is used to analyze the effects of policy on economic growth and performance. Large portions of the text are devoted to rational expectations models and to the representative agent model in continuous time.

Professionals will find the book useful as a reference that offers both a broad overview of the evolution of methods of macroeconomic dynamics and a detailed explanation of the technical aspects of the most recent dynamic models.
Notes: Includes bibliographical references (p. [511]-525) and indexes.