Muutke küpsiste eelistusi

Solutions Manual for Recursive Methods in Economic Dynamics [Pehme köide]

3.75/5 (8 hinnangut Goodreads-ist)
, ,
  • Formaat: Paperback / softback, 304 pages, kõrgus x laius: 235x156 mm, kaal: 340 g, 8 line illustrations
  • Ilmumisaeg: 30-Jan-2003
  • Kirjastus: Harvard University Press
  • ISBN-10: 067400888X
  • ISBN-13: 9780674008885
Teised raamatud teemal:
Solutions Manual for Recursive Methods in Economic DynamicsSuurem pilt
  • Formaat: Paperback / softback, 304 pages, kõrgus x laius: 235x156 mm, kaal: 340 g, 8 line illustrations
  • Ilmumisaeg: 30-Jan-2003
  • Kirjastus: Harvard University Press
  • ISBN-10: 067400888X
  • ISBN-13: 9780674008885
Teised raamatud teemal:
Püsilink: https://www.kriso.ee/db/9780674008885.html
Märksõnad:
This solutions manual is a companion volume to the classic textbook Recursive Methods in Economic Dynamics by Stokey, Lucas, and Prescott. Efficient and lucid in approach, this manual will greatly enhance the value ofRecursive Methods as a text for self-study. This solutions manual is a valuable companion volume to the classic textbook Recursive Methods in Economic Dynamics by Nancy L. Stokey and Robert E. Lucas. The exercises in the Stokey and Lucas book are integral to the text, and thus, a reader cannot fully appreciate the text without understanding the results developed in the exercises. This manual provides detailed answers to the central exercises in Recursive Methods. The authors selection of exercises is designed to maximize the readers understanding of Recursive Methods. Solutions are presented to every question in the core chapters on recursive methods, as well as most questions from the chapters on mathematical background. Some questions from the chapters on applications of these techniques to economic models have been reserved so as to provide instructors with a crucual test bank of questions. Efficient and lucid in approach, this manual will greatly enhance the value of Recursive Methods as a text for self-study.

Arvustused

[ Recursive Methods in Economic Dynamics] is a tour de force. The authors present a unified approach to the techniques and applications of recursive economic theory. The presentations of discrete-time dynamic programming and of Markov processes are authoritative. There is a wide-ranging series of examples drawn from all branches of the discipline, but with special emphasis on macroeconomics. In the short run, the book will be a vital reference in any advanced course in macroeconomic theory. In the long run, it may help to remove the traditional boundaries between microeconomic theory and macroeconomic theory. -- Andrew Caplin, Columbia University [ Recursive Methods in Economic Dynamics] is a wonderful collection of results on the techniques of dynamic programming with great applications to economics written by giants in the field. -- Sanford J. Grossman, University of Pennsylvania A magnificent work that is bound to have immense influence on the ways economists think about dynamic systems for many years to come. My own guess is that [ Recursive Methods in Economic Dynamics] will eventually acquire the stature, say, of Hickss Value and Capital or Samuelsons Foundations. -- Thomas J. Sargent, The Hoover Institution

Foreword
1. Introduction
2. An Overview
3. Mathematical
Preliminaries
4. Dynamic Programming under Certainty
5. Applications of
Dynamic Programming under Certainty
6. Deterministic Dynamics
7. Measure
Theory and Integration
8. Markov Processes
9. Stochastic Dynamic
Programming
10. Applications of Stochastic Dynamic Programming
11. Strong
Convergence of Markov Processes
12. Weak Convergence of Markov Processes
13. Applications of Convergence Results for Markov Processes
14. Laws of
Large Numbers
15. Pareto Optima and Competitive Equilibria
16.
Applications of Equilibrium Theory
17. Fixed-Point Arguments
18.
Equilibria in Systems with Distortions
Claudio Irigoyen is a graduate student in economics at the University of Chicago. Esteban Rossi-Hansberg is Professor of Economics and International Affairs, Princeton University. Mark L. J. Wright is Assistant Professor of Economics, University of California, Los Angeles.