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Recursive Macroeconomic Theory

Lars Ljungqvist, Thomas J. Sargent




[PDF.vb66] Recursive Macroeconomic Theory

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 | #2193244 in Books |  2000-08-21 | Original language:English | PDF # 1 |  9.00 x1.50 x7.00l, | File type: PDF | 737 pages

||2 of 2 people found the following review helpful.| comprehensive study text|By VT|It was a great introduction to optimal contract theory and heterogeneous agent models for me.
Now use it to teach a grad macro class.

Generally:
a) it is comprehensive,
b) it is concise where it needs to be concise and goes into details where details are needed,
c) it is the fastest way to get introduced to dynamic| ||"This revised edition is an excellent resource, both for those interested in state-of-the-art research in macroeconomics and for those anxious to learn the tools that are used to do it."--Wouter J. Denhaan, Professor of Economics, London Business School

Recursive methods offer a powerful approach in dynamic macroeconomics. This book contains both an introduction to recursive tools, including standard applications such as asset pricing, and advanced material, including analyses of reputational mechanisms and contract design. The tools are presented with enough technical sophistication to get the reader started working on practical problems. When numerical simulations are called for, the book provides suggestions for how ...

You easily download any file type for your gadget.Recursive Macroeconomic Theory   |  Lars Ljungqvist, Thomas J. Sargent. Just read it with an open mind because none of us really know.

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