While the theoretical development of DSGE models is not overly difficult to understand, practical application remains somewhat complex. The literature on this subject has some significant obscure points. This book can be thought of, firstly, as a tool to overcome initial hurdles with this type of modeling. Secondly, by showcasing concrete applications, it aims to persuade incipient researchers to work with this methodology. In principle, this is not a book on macroeconomics in itself, but on tools used in the construction ...
Read More
While the theoretical development of DSGE models is not overly difficult to understand, practical application remains somewhat complex. The literature on this subject has some significant obscure points. This book can be thought of, firstly, as a tool to overcome initial hurdles with this type of modeling. Secondly, by showcasing concrete applications, it aims to persuade incipient researchers to work with this methodology. In principle, this is not a book on macroeconomics in itself, but on tools used in the construction of this sort of models. It strives to present this technique in a detailed manner, thereby providing a step by step course intended to walk readers through this otherwise daunting process. The book begins with a basic Real Business Cycle model. Subsequently various frictions are gradually incorporated into a standard DSGE model: imperfect competition; frictions in prices and in wages; habit formation; non-Ricardian agents; adjustment cost in investment; costs of not using the maximum installed capacity; and finally, Government.
Read Less
Add this copy of Understanding Dsge Models: Theory and Applications to cart. $55.00, very good condition, Sold by Gardner's Used Books rated 5.0 out of 5 stars, ships from Tulsa, OK, UNITED STATES, published 2016 by Vernon Press.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Very good Vg jacket. Hardcover book is in excellent condition. Clean throughout (no highlighting or other markings), strong binding, very little to no visible wear. Dust jacket shows some light creasing at corners. Tulsa's best used bookstore. Located on South Mingo Road since 1991. No-hassle return policy if not completely satisfied.
Add this copy of Understanding DSGE Models to cart. $73.00, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2016 by Vernon Press.
Add this copy of Understanding Dsge Models: Theory and Applications to cart. $88.78, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2016 by Vernon Press.
Add this copy of Understanding Dsge Models; Theory and Applications to cart. $90.10, new condition, Sold by BargainBookStores rated 3.0 out of 5 stars, ships from Grand Rapids, MI, UNITED STATES, published 2016 by Vernon Press.
Add this copy of Understanding Dsge Models; Theory and Applications to cart. $105.00, new condition, Sold by Russell Books rated 4.0 out of 5 stars, ships from Victoria, BC, CANADA, published 2016 by Vernon Press.
Add this copy of Understanding Dsge Models; Theory and Applications to cart. $105.52, new condition, Sold by Revaluation Books rated 4.0 out of 5 stars, ships from Exeter, DEVON, UNITED KINGDOM, published 2016 by Vernon Press.
Add this copy of Understanding Dsge Models: Theory and Applications to cart. $129.57, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2016 by Vernon Press.