Stochastic Dynamic Macroeconomics / Gong, Gang; Semmler, Willi

By:

Gong, Gang

Contributor(s):

Semmler, Willi

Publication details: Oxford University Press, 2006Description: 213 pagesISBN:

9780195301625

Subject(s):

Business & Economics

DDC classification:

339.0151 GON

Summary: This is a book on stochastic dynamic macroeconomics from a Keynesian perspective. It shows that including Keynesian features in intertemporal models considerably contributes to resolve major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model. It also demonstrates that including microeconomic intertemporal behavior of economic agents in macroeconomics is not inconsistent with Keynesian economics.

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Holdings
Item type	Current library	Call number	Status	Barcode
English Books	Anna Centenary Library 4TH FLOOR, A WING	339.0151 GON (Browse shelf(Opens below))	Available	290494

This is a book on stochastic dynamic macroeconomics from a Keynesian perspective. It shows that including Keynesian features in intertemporal models considerably contributes to resolve major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model. It also demonstrates that including microeconomic intertemporal behavior of economic agents in macroeconomics is not inconsistent with Keynesian economics.

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Stochastic Dynamic Macroeconomics / Gong, Gang; Semmler, Willi

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