Dynamic Macroeconomic Analysis
Subtitle: Theory and Policy in General Equilibrium
Contributors: Sumru Altug (Editor); Jagjit S. Chadha (Editor); Charles Nolan (Editor)
Publisher: Cambridge University Press
Published: December 8, 2003
Language: eng
Format: Hardcover
Number of pages: 610
ISBN-13: 9780521826686
Subjects: International economics; Macroeconomics; Economics - Macroeconomics; Business / Economics / Finance; Business & Economics; Business/Economics; Equilibrium (Economics); Business & Economics / Macroeconomics; Economics - General
First sentence: This chapter discusses work which applies the methods of stochastic dynamic programming (SDP) to the explanation of consumption and saving behaviour.