Computational Methods for the Study of Dynamic Economies

Erscheinungsjahr 1999
ISBN: 978-0-19-829497-9
Verlag: OUP Oxford

Buch, Englisch, 292 Seiten, Print PDF, Format (B × H): 161 mm x 240 mm, Gewicht: 611 g

Macroeconomics increasingly uses stochastic dynamic general equilibrium models to understand theoretical and policy issues. Unless very strong assumptions are made, understanding the properties of particular models requires solving the model using a computer. This volume brings together leading contributors in the field who explain in detail how to implement the computational techniques needed to solve dynamic economics models. A broad spread of techniques are covered, and their application in a wide range of subjects discussed. The book provides the basics of a toolkit which researchers and graduate students can use to solve and analyse their own theoretical models.

Autoren/Hrsg.

Marimon

Scott, Bernard

Marimon, Ramon

Scott, Andrew

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie
• Mathematik | Informatik EDV | Informatik Informatik Logik, formale Sprachen, Automaten
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Mikroökonomie

Inhaltsverzeichnis

- 1Part 1.: Ramon Marimon and Andrew Scott: IntroductionAlmost Linear Methods

- 2: Javier Diaz-Gimenez: Linear Quadratic Approximations: An Introduction

- 3: Harald Uhlig: A Toolkit for Analyzing Nonlinear Dynamic Stochastic Models Easily

- 4: Alfonso Novales, Emilio Dominguez, Javier Perez and Jesus Ruiz: Solving Nonlinear Rational Expectations Models by Eigenvalue-Eigenvector Decompositions

- Part II.5: Craig Burnside: Non-Linear MethodsDiscrete State-Space Methods for the Study of Dynamic Economies

- 6: Ellen McGratten: Application of Weighted Residual Methods to Dynamic Economic Models

- 7: Albert Marcet and Guido Lorenzoni: The Parametrized Expectations Approach: Some Practical Issues

- 8: Graham V. Candler: Finite-Difference Methods for Continuous-Time Dynamic Programming

- Part III.9: Thomas J. Sargent and Francois R. Velde: Solving some dynamic economiesOptimal Fiscal Policy in a Linear Stochastic Economy

- 10: Douglas H. Joines, Ayse Imrohoroglu and Selo Imrohoroglu: Computing Models of Social Security

- 11: Jose Victor Rios-Rull: Computation of Equilibria in Heterogenous Agent Economies

Über Autor(innen)

Ramon Marimon is Professor at the European University Institute, Florence.

Andrew Scott is Associate Professor at the London Business School, and a Fellow of CEPR. A Fellow of All Souls College, Oxford, he has also been Visiting Professor at Harvard University.