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Recursive Macroeconomic Theory (USED)

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Item specifics

Condition
Good: A book that has been read, but is in good condition. Minimal damage to the book cover eg. ...
Brand
The MIT Press
Edition
2nd
Country of Origin
USA, United States
Net Quantity/Number of Units
1
Dimensions (LxWxH) - Cms
7.25X1.75X9.5
ISBN-10
026212274X
ISBN-13
9780262122740
SKU
SONG026212274X
Book Title
Recursive Macroeconomic Theory
No. of Pages
1082
ISBN
9780262122740
Publication Year
2004
Type
Textbook
Format
Hardcover
Language
English
Publication Name
Recursive Macroeconomic Theory
Author
Lars Ljungqvist, Thomas J. Sargent
Publisher
MIT Press LTD
Subject
Economics
Number of Pages
1120 Pages

About this product

Product Information

Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. The second edition contains substantial revisions to about half the original material, and extensive additional coverage appears in seven chapters new to this edition. The updated and added material covers exciting new topics that further illustrate the power and pervasiveness of recursive methods.Significant improvements to original chapters include a better treatment of the existence of recursive equilibria, an enhanced account of the supermartingale convergence theorem, and an extended treatment of an optimal taxation problem in an economy in which there are incomplete markets. Completely new coverage in the second edition includes an introductory chapter, which gives an overview of the themes uniting the diverse topics treated throughout the book. Two new chapters offer a self-contained account of the optimal growth model and some of its basic applications in macroeconomics and public finance. Other new chapters cover such topics as how to formulate and compute Stackelberg or Ramsey plans in linear economies, sustainable risk-sharing equilibria without commitment, and the application of recursive contracts to topics in international trade. Most chapters conclude with exercises and the book includes two technical appendixes covering functional analysis and control and filtering.

Product Identifiers

Publisher
MIT Press LTD
ISBN-13
9780262122740
eBay Product ID (ePID)
90727670

Product Key Features

Publication Year
2004
Subject
Economics
Number of Pages
1120 Pages
Language
English
Publication Name
Recursive Macroeconomic Theory
Type
Textbook
Author
Lars Ljungqvist, Thomas J. Sargent
Format
Hardcover

Additional Product Features

Country/Region of Manufacture
United States
Title_Author
Lars Ljungqvist, Thomas J. Sargent

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    Condition excellent, as described, well packaged, dispatched promptly.Excellent communication from seller. Arrived ahead of anticipated delivery dates. ARRIVED 1st May, expectected between 24th May and 3rd June. Thank you. No import tax payable. A very pleasing experience. Would recommend this seller. A book l have been seeking to replace for 7 years after it got misplaced when moving house after bereavement.
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