Dynamic General Equilibrium Modeling - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dynamic General Equilibrium Modeling write by Burkhard Heer. This book was released on 2011-10-20. Dynamic General Equilibrium Modeling available in PDF, EPUB and Kindle. Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. In order to solve these models, economists need to use many mathematical tools. This book presents various methods in order to compute the dynamics of general equilibrium models. In part I, the representative-agent stochastic growth model is solved with the help of value function iteration, linear and linear quadratic approximation methods, parameterised expectations and projection methods. In order to apply these methods, fundamentals from numerical analysis are reviewed in detail. In particular, the book discusses issues that are often neglected in existing work on computational methods, e.g. how to find a good initial value. In part II, the authors discuss methods in order to solve heterogeneous-agent economies. In such economies, the distribution of the individual state variables is endogenous. This part of the book also serves as an introduction to the modern theory of distribution economics. Applications include the dynamics of the income distribution over the business cycle or the overlapping-generations model. In an accompanying home page to this book, computer codes to all applications can be downloaded.
Introduction to Dynamic Macroeconomic General Equilibrium Models
Introduction to Dynamic Macroeconomic General Equilibrium Models - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Introduction to Dynamic Macroeconomic General Equilibrium Models write by Jose Luis Torres Chacon. This book was released on 2015-03-01. Introduction to Dynamic Macroeconomic General Equilibrium Models available in PDF, EPUB and Kindle. This book offers an introductory step-by-step course to Dynamic Stochastic General Equilibrium modelling. Modern macroeconomic analysis is increasingly concerned with the construction, calibration and/or estimation and simulation of Dynamic General Equilibrium (DGE) models. The book is intended for graduate students as an introductory course to DGE modelling and for those economists who would like a hands-on approach to learning the basics of modern dynamic macroeconomic modelling. The book starts with the simplest canonical neoclassical DGE model and then gradually extends the basic framework incorporating a variety of additional features, such as consumption habit formation, investment adjustment cost, investment-specific technological change, taxes, public capital, household production, non-ricardian agents, monopolistic competition, etc. The book includes Dynare codes for the models developed that can be downloaded from the book's homepage.
Dynamic General Equilibrium Modelling for Forecasting and Policy
Dynamic General Equilibrium Modelling for Forecasting and Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dynamic General Equilibrium Modelling for Forecasting and Policy write by Peter B. Dixon. This book was released on 2002-11-04. Dynamic General Equilibrium Modelling for Forecasting and Policy available in PDF, EPUB and Kindle. The "Contributions to Economic Analysis" series consists of a number of previously unpublished studies. The term economic analysis is used because it covers the activities of the theoretical economist and the research worker.
Handbook of Computable General Equilibrium Modeling
Handbook of Computable General Equilibrium Modeling - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Handbook of Computable General Equilibrium Modeling write by Peter B. Dixon. This book was released on 2013-11-14. Handbook of Computable General Equilibrium Modeling available in PDF, EPUB and Kindle. In this collection of 17 articles, top scholars synthesize and analyze scholarship on this widely used tool of policy analysis, setting forth its accomplishments, difficulties, and means of implementation. Though CGE modeling does not play a prominent role in top US graduate schools, it is employed universally in the development of economic policy. This collection is particularly important because it presents a history of modeling applications and examines competing points of view. Presents coherent summaries of CGE theories that inform major model types Covers the construction of CGE databases, model solving, and computer-assisted interpretation of results Shows how CGE modeling has made a contribution to economic policy
Introduction to Computable General Equilibrium Models
Introduction to Computable General Equilibrium Models - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Introduction to Computable General Equilibrium Models write by Mary E. Burfisher. This book was released on 2016. Introduction to Computable General Equilibrium Models available in PDF, EPUB and Kindle. The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.
