Economic growth : theory and numerical solution methods / Alfonso Novales, Esther Fernández, Jesús Ruiz.
2022
HD75.5
Linked e-resources
Linked Resource
Concurrent users
Unlimited
Authorized users
Authorized users
Document Delivery Supplied
Can lend chapters, not whole ebooks
Details
Title
Economic growth : theory and numerical solution methods / Alfonso Novales, Esther Fernández, Jesús Ruiz.
Author
Edition
3rd ed.
ISBN
9783662639825 (electronic bk.)
3662639823 (electronic bk.)
9783662639818
3662639815
3662639823 (electronic bk.)
9783662639818
3662639815
Publication Details
Berlin, Germany : Springer, [2022]
Language
English
Description
1 online resource (664 pages)
Item Number
10.1007/978-3-662-63982-5 doi
Call Number
HD75.5
Dewey Decimal Classification
338.90015/118
Summary
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. 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. Spreadsheets are used to solve simple examples. Matlab files are provided on an accompanying website to illustrate theoretical results from all chapters as well as to simulate the effects of economic policy interventions. The logical structure of these program files is described in "Numerical exercise"--Type of sections, where the output of these programs is also interpreted. The third edition corrects a few typographical errors, includes two new and original chapters on frequentist and Bayesian estimation, and improves some notation
Note
Includes index.
Access Note
Access limited to authorized users.
Digital File Characteristics
text file
PDF
Source of Description
Online resource; title from PDF title page (SpringerLink, viewed December 14, 2021).
Added Author
Series
Springer texts in business and economics.
Available in Other Form
Linked Resources
Record Appears in
Table of Contents
Introduction
The Neoclassical GrowthModel Under a Constant Savings Rate
Optimal Growth: Continuous Time Analysis
Optimal Growth: Discrete Time Analysis
Numerical Solution Methods
Endogenous Growth Models
Additional Endogenous Growth Models
Growth in Monetary Economies: Steady-State Analysis of Monetary Policy
Transitional Dynamics in Monetary Economies: Numerical Solutions
Empirical Methods 1: Frequentist Estimation
Empirical Methods 2: Bayesian Estimation
Mathematical Appendix.
The Neoclassical GrowthModel Under a Constant Savings Rate
Optimal Growth: Continuous Time Analysis
Optimal Growth: Discrete Time Analysis
Numerical Solution Methods
Endogenous Growth Models
Additional Endogenous Growth Models
Growth in Monetary Economies: Steady-State Analysis of Monetary Policy
Transitional Dynamics in Monetary Economies: Numerical Solutions
Empirical Methods 1: Frequentist Estimation
Empirical Methods 2: Bayesian Estimation
Mathematical Appendix.