Stochastic Dynamic Macroeconomics: Theory and Empirical Evidence

By: Gang Gong

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$61.99
 
 
ISBN
9780195345735
Date Released
Binding
eBook
 
 

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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.
ISBN:
9780195345735
Publication Date:
20 / 12 / 2005

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