Stochastic Dynamic Macroeconomics
Download or Read eBook Stochastic Dynamic Macroeconomics PDF written by Gang Gong and published by Oxford University Press. This book was released on 2006-01-19 with total page 213 pages. Available in PDF, EPUB and Kindle.
| Author | : Gang Gong |
| Publisher | : Oxford University Press |
| Total Pages | : 213 |
| Release | : 2006-01-19 |
| ISBN-10 | : 9780195345735 |
| ISBN-13 | : 0195345738 |
| Rating | : 4/5 (35 Downloads) |
Book Synopsis Stochastic Dynamic Macroeconomics by : Gang Gong
Book excerpt: This is a book on stochastic dynamic macroeconomics from a Keynesian perspective. It shows that including Keynesian features in intertemporal models considerably contributes to resolve major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model. It also demonstrates that including microeconomic intertemporal behavior of economic agents in macroeconomics is not inconsistent with Keynesian economics.
