[Kindle] Recursive Methods in Economic Dynamics download

Recursive Methods in Economic Dynamics by Edward C. Prescott, Nancy L. Stokey, Robert E. Lucas

• Recursive Methods in Economic Dynamics
• Edward C. Prescott, Nancy L. Stokey, Robert E. Lucas
• Page: 303
• Format: pdf, ePub, mobi, fb2
• ISBN: 9780674750968
• Publisher: Harvard University Press

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<p> This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully be applied. </p> <p> After presenting an overview of the recursive approach, the authors develop economic applications for deterministic dynamic programming and the stability theory of first-order difference equations. They then treat stochastic dynamic programming and the convergence theory of discrete-time Markov processes, illustrating each with additional economic applications. They also derive a strong law of large numbers for Markov processes. Finally, they present the two fundamental theorems of welfare economics and show how to apply the methods developed earlier to general equilibrium systems. </p> <p> The authors go on to apply their methods to many areas of economics. Models of firm and industry investment, household consumption behavior, long-run growth, capital accumulation, job search, job matching, inventory behavior, asset pricing, and money demand are among those they use to show how predictions can he made about individual and social behavior. Researchers and graduate students in economic theory will find this book essential. </p>

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这是动态优化中的经典教材lucas recursive methods in economic dynamics ,人大 经济论坛. Recursive methods for incentive problems
Recursive methods for incentive problems. Review of Economic Dynamics (2012 ), http://dx.doi.org/10.1016/j.red.2012.07.002 This is a PDF file  Economic Dynamics — John Stachurski 1 documentation
The topics covered in the book are similar to those found in “Recursive Methods in Economic Dynamics” by Nancy Stokey and Robert Lucas. While it does not  Dynamic Optimization & Economic Applications (Recursive Methods)
The unifying theme of this course is best captured by the title of our main reference book: 'Recursive Methods in Economic Dynamics'. We start by covering   Syllabus MACROECONOMICS I University of Southampton Module
The aim is to introduce students to recursive methods in dynamic economics. The tools you will learn will enable you to read research articles of the past 30 

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