Beschreibung Mccandless, G: Introduction to Dynamic Macroeconomic Theory: An Overlapping Generations Approach. Economies are constantly in flux, and economists have long sought reliable means of analyzing their dynamic properties. This book provides a succinct and accessible exposition of modern dynamic (or intertemporal) macroeconomics. The authors use a microeconomics-based general equilibrium framework, specifically the overlapping generations model, which assumes that in every period there are two generations which overlap. This model allows the authors to fully describe economies over time and to employ traditional welfare analysis to judge the effects of various policies. By choosing to keep the mathematical level simple and to use the same modeling framework throughout, the authors are able to address many subtle economic issues. They analyze savings, social security systems, the determination of interest rates and asset prices for different types of assets, Ricardian equivalence, business cycles, chaos theory, investment, growth, and a variety of monetary phenomena.Introduction to Dynamic Macroeconomic Theory will become a classic of economic exposition and a standard teaching and reference tool for intertemporal macroeconomics and the overlapping generations model. The writing is exceptionally clear. Each result is illustrated with analytical derivations, graphically, and by worked out examples. Exercises, which are strategically placed, are an integral part of the book.
Mccandless, G: Introduction to Dynamic Macroeconomic ~ Mccandless, G: Introduction to Dynamic Macroeconomic Theory: An Overlapping Generations Approach / McCandless, George, Wallace, Neil / ISBN: 8580000210439 / Kostenloser Versand für alle Bücher mit Versand und Verkauf duch .
Introduction to Dynamic Macroeconomic Theory: An ~ Introduction to Dynamic Macroeconomic Theory will become a classic of economic exposition and a standard teaching and reference tool for intertemporal macroeconomics and the overlapping generations model. The writing is exceptionally clear. Each result is illustrated with analytical derivations, graphically, and by worked out examples. Exercises, which are strategically placed, are an integral .
Introduction to Dynamic Macroeconomic Theory: An ~ Download Citation / On Jul 10, 2014, Bruce D. Smith published Introduction to Dynamic Macroeconomic Theory: An Overlapping Generations Approach , by George McCandless and Neil Wallace / Find, read .
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Intertemporal Models of Overlapping Generations / SpringerLink ~ McCandless, G. and N. Wallace, (1991) Introduction to Dynamic Macroeconomic Theory (An Overlapping Generations Approach) (Cambridge MA: Harvard University Press). Google Scholar Phelps, E.S (1966) Golden Rules of Economic Growth (New York: Norton) Google Scholar
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Introduction to Dynamic Macroeconomic Theory: An ~ Economies are constantly in flux, and economists have long sought reliable means of analyzing their dynamic properties. This book provides a succinct and accessible exposition of modern dynamic (or intertemporal) macroeconomics. The authors use a microeconomics-based general equilibrium.
Macroeconomics III - European University Institute ~ De La Croix, D and Michel, P. A Theory of Economic Growth: Dynamics and Policy in Overlapping Generations, Cambridge University Press, 2002. (DM) In addition, the following are also useful references: P. Aghion and P. Howitt, Endogenous Growth Theory, MIT Press, 1998. A.K. Dixit, Optimization in Economic Theory, Oxford: Oxford University Press .
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Dokumentation der Tagung ~ Introductory presentations: Dr. Bernhard Spiegel, Federal Ministry for Social Security, Generations and Consumer Protection (BMSG) Vienna, Austria; Member of the Social Protection Committee Eva Barlage-Melber, Researcher, Department ‚European Union and International Social
Corruption and Public Debt / SpringerLink ~ Next, we move to a more complete analysis using the overlapping-generations growth model. This section extends the quantitative theory from Chap. 5 that studied how the presence of corruption and tax evasion affects the formation of a country’s fiscal policy, by including public debt as a fiscal instrument.
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