Dynamic Macroeconomic Analysis: Theory and Policy in General Equilibrium
Скачать книгу (размер 3 104 Kb , формат fb2, страниц 610) Аннотация: Dynamic stochastic general equilibrium (DSGE) models have begun to dominate the field of macroeconomic theory and policy-making. These models describe the evolution of macroeconomic activity as a recursive sequence of outcomes based upon the optimal decision rules of rational households, firms and policy-makers. Whilst posing a micro-founded dynamic optimisation problem for agents under…