Recursive Methods in Economic Dynamics. Edward C. Prescott, Nancy L. Stokey, Robert E. Lucas

Recursive Methods in Economic Dynamics


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ISBN: 9780674750968 | 303 pages | 8 Mb

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  • Recursive Methods in Economic Dynamics
  • Edward C. Prescott, Nancy L. Stokey, Robert E. Lucas
  • Page: 303
  • Format: pdf, ePub, fb2, mobi
  • ISBN: 9780674750968
  • Publisher: Harvard University Press
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<p> This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully be applied. </p> <p> After presenting an overview of the recursive approach, the authors develop economic applications for deterministic dynamic programming and the stability theory of first-order difference equations. They then treat stochastic dynamic programming and the convergence theory of discrete-time Markov processes, illustrating each with additional economic applications. They also derive a strong law of large numbers for Markov processes. Finally, they present the two fundamental theorems of welfare economics and show how to apply the methods developed earlier to general equilibrium systems. </p> <p> The authors go on to apply their methods to many areas of economics. Models of firm and industry investment, household consumption behavior, long-run growth, capital accumulation, job search, job matching, inventory behavior, asset pricing, and money demand are among those they use to show how predictions can he made about individual and social behavior. Researchers and graduate students in economic theory will find this book essential. </p>

Solutions Manual for Recursive Methods in Economic Dynamics
Solutions Manual for Recursive Methods in Economic Dynamics [Claudio IRIGOYEN, Esteban Rossi-Hansberg and Mark L. J Wright]. This solutions manual is a  recursive-methods-in-economic-dynamics.9780674750968.26466
Recursive+Methods+in+Economic+Dynamics. 657 Reads. 303 p. Recursive Methods in Economic Dynamics - N. Stokey, R. Lucas (1989) WW. A Review of Recursive Methods in Economic Dynamics
A Review of Recursive Methods in Economic Dynamics. Contents: Author info; Abstract; Bibliographic info; Download info; Related research; References "Solutions Manual for Recursive Methods in Economic Dynamics" by
Solutions Manual for Recursive Methods in Economic Dynamics. Claudio Irigoyen, BANCO CENTRAL DE ARGENTINA Esteban Rossi-Hansberg, PRINCETON  University of Chicago | Department of Economics | Nancy L. Stokey
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Recursive methods in economic dynamics download on GoBookee.net free books and manuals search - A Review of Recursive Methods in Dynamics*  Recursive Methods in Economic Dynamics: Amazon.de: Robert E
This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic  Recursive Methods in Economic Dynamics (Hardcover) - Tower.com
Author: Nancy L. Stokey (Author) and Lucas Robert E. (Editor), Title: Recursive Methods in Economic Dynamics (Hardcover), Publisher: Harvard Univ Pr,  Recursive methods for incentive problems
Recursive methods for incentive problems. Review of Economic Dynamics (2012 ), http://dx.doi.org/10.1016/j.red.2012.07.002 This is a PDF file 



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