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Stochastic Dynamic Macroeconomics Theory And Empirical Evidence Gang Gong

  • SKU: BELL-1551406
Stochastic Dynamic Macroeconomics Theory And Empirical Evidence Gang Gong
$ 31.00 $ 45.00 (-31%)

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Stochastic Dynamic Macroeconomics Theory And Empirical Evidence Gang Gong instant download after payment.

Publisher: Oxford University Press, USA
File Extension: PDF
File size: 2.11 MB
Pages: 186
Author: Gang Gong, Willi Semmler
ISBN: 9780195301625, 9781429438469, 0195301625, 1429438460
Language: English
Year: 2006

Product desciption

Stochastic Dynamic Macroeconomics Theory And Empirical Evidence Gang Gong by Gang Gong, Willi Semmler 9780195301625, 9781429438469, 0195301625, 1429438460 instant download after payment.

In this book, we try to contribute to the current research in stochastic dy-namic macroeconomics. We recognize that the stochastic dynamic optimiza-tion model is important in macroeconomics, we consider the current stan-dard model of model, the real business cycle model, only to be a simple andstarting point for macrodynamic analysis. For the model to explain the realworld more effectively, some Keynesian features should be introduced. Wehave shown that with such an introduction the model can be enriched whileit becomes possible to resolve the most important puzzles, the labor marketpuzzle and the technology puzzle, in RBC economy.

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