DSGE Models for Real Business Cycle and New Keynesian Macroeconomics : Theoretical Methods and Numerical Solutions with DYNARE

Language: English

Published by Springer, 2025

3031560361 / 9783031560361

Series: Book 170 of 190 - Springer Texts in Business and Economics

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - This textbook introduces graduate and upper undergraduate students to Dynamic Stochastic General Equilibrium (DSGE) models. As DSGE models become integral in advanced coursework, this book serves as an invaluable guide, explaining the complexities with a methodological red thread across its five chapters. Starting with the stochastic dynamic models of the Real Business Cycle (RBC) and progressing through the field of New Keynesian Macroeconomics (NKE), it employs DSGE models to shed light on the dynamic nature of economic systems.The book presents the Blanchard-Kahn methodology for theoretical solutions, discussing its usefulness and limitations as models evolve in complexity. The book goes on to explain the shift from analytical to numerical solutions, showcasing the DYNARE software and providing coding insights. Unique to this volume is a chapter on difference equations, equipping students with essential mathematical tools, and a concluding exploration of a medium-sized NewKeynesian Economics model.This book will equip students to navigate the theoretical complexities of the topic and to independently replicate and comprehend the presented results. It bridges the gap between classical and Keynesian paradigms, reviving the debate in today's 'RBC vs NKE' landscape. It will enable students to master the essence of macroeconomic theories and methodologies, paving the way for their scholarly pursuits.…

Seller Inventory # 9783031560361

Title
DSGE Models for Real Business Cycle and New Keynesian Macroeconomics : Theoretical Methods and Numerical Solutions with DYNARE
Author
Giuseppe Chirichiello
Publisher
Springer
Publication year
2025
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3031560361
ISBN 13
9783031560361
Item weight
581 grams
Dimensions
235x155x21 mm
Series
Book 170 of 190: Springer Texts in Business and Economics

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

Item7 to 10 business days5 to 7 business days
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