Economic Growth: Theory and Numerical Solution Methods, 3rd Edition
Economic Growth: Theory and Numerical Solution Methods
English | 2022 | ISBN: 3662639815 | 673 Pages | PDF EPUB | 38 MB
English | 2022 | ISBN: 3662639815 | 673 Pages | PDF EPUB | 38 MB
This is the third corrected and extended edition of a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth, non-monetary and monetary models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Models under modern theories of the Business Cycle, New Keynesian Macroeconomics, and Dynamic Stochastic General Equilibrium models, can be all considered as special cases of economic growth models, and they can be analyzed by the theoretical and numerical procedures provided in the textbook.