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Recursive macroeconomic theory / Lars Ljungqvist, Thomas J. Sargent.

Lippincott Library HB172.5 .L59 2000
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LIBRA HB172.5 .L59 2000
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Format:
Book
Author/Creator:
Ljungqvist, Lars.
Contributor:
Sargent, Thomas J.
Rosengarten Family Fund.
Language:
English
Subjects (All):
Macroeconomics.
Recursive functions.
Statics and dynamics (Social sciences).
Physical Description:
xxxiv, 701 pages : illustrations ; 24 cm
Place of Publication:
Cambridge, Mass. : MIT Press, 2000.
Summary:
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. Topics include equilibrium asset prices, market incompleteness, wealth distribution, fiscal-monetary theories of inflation, government debt, and labor market dynamics. 50 illustrations.
Notes:
Includes bibliographical references (pages [665]-692) and indexes.
Local Notes:
Acquired for the Penn Libraries with assistance from the Rosengarten Family Fund.
ISBN:
0262194511
OCLC:
44427116

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