This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern Business Cycle Theory, the New Keynesian Macroeconomics, the class of Dynamic Stochastic General Equilibrium models, can be all considered as special cases of models of economic growth, and they can be analyzed by the theoretical and numerical procedures provided in the textbook. Analytical discussions are presented in full detail. The book is self contained and it is designed so that the student advances in the theoretical and the computational issues in parallel. EXCEL and Matlab files are provided on an accompanying website (see Preface to the Second Edition) to illustrate theoretical results as well as to simulate the effects of economic policy interventions. The structure of these program files is described in Numerical exercise -type of sections, where the output of these programs is also interpreted. The second edition corrects a few typographical errors and improves some notation.
Product Identifiers
Publisher
Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
ISBN-13
9783642549496
eBay Product ID (ePID)
207688670
Product Key Features
Author
Esther Fernandez, Alfonso Novales, Jesus Ruiz
Publication Name
Economic Growth: Theory and Numerical Solution Methods
Format
Hardcover
Language
English
Subject
Economics
Publication Year
2014
Type
Textbook
Number of Pages
558 Pages
Dimensions
Item Height
235mm
Item Width
155mm
Item Weight
9753g
Additional Product Features
Title_Author
Jesus Ruiz, Alfonso Novales, Esther Fernandez
Series Title
Springer Texts in Business and Economics
Country/Region of Manufacture
Germany
Best Selling in Textbooks
Current slide {CURRENT_SLIDE} of {TOTAL_SLIDES}- Best Selling in Textbooks