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Dynamic macroeconomic theory Thomas J. Sargent
Publisher: Harvard University Press

In the long run, it may help to take away the standard boundaries between microeconomic principle and macroeconomic theory. Lucas Jr., Edward Prescott, Thomas Sargent, Robert Barro etc, and the New Keynesian theorizing of Michael On the matter of mathematical assumptions turning up in dynamic programming problems, and their unjustified inclusion as assumptions about the behaviour of real people in real markets:. Apr 17, 2012 - Mike Wickens, “Macroeconomic Theory: A Dynamic General Equilibrium Approach” Princeton University Press | January three, 2008 | ISBN: 0691116407 | PDF | 496 pages | two Mb. Product Details: Author(s): Michael Wickens. Aug 30, 2008 - Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. In order to solve these "This is perhaps the perfect book to learn how to solve quantitative macroeconomics models. Jun 9, 2013 - The authors current a unified strategy to the methods and applications of recursive financial theory. Aug 17, 2005 - We find generally similar results to BBE, which in many cases accord with standard macroeconomic theory; but we also find many rejections of the overidentifying restrictions. May 16, 2011 - Others added insights from theoretical developments like complexity theory, which post-dated Keynes, to argue that the macro-economy was inherently cyclical (Goodwin 1967; Goodwin 1986; Goodwin 1990). Dec 15, 2011 - Again, as macroeconomic theory suggests, my results show that per capita real gross domestic product (RGDP) has a negative effect on the current level of aggregate unemployment. Jun 3, 2011 - Most mainstream macroeconomic theoretical innovations since the 1970s (the New Classical rational expectations revolution associated with such names as Robert E. Jan 21, 2013 - Paul Samuelson was the man who set the agenda for the coming decades by taking some of the ideas from Keynes's General Theory of Employment, Interest, and Money and articulating them in mathematical models. Oct 14, 2013 - As for Wren-Lewis, I think his main message is for young economists: do not to be led into thinking that every macroeconomic theory needs to be "microfounded." That's fair enough advice. Mar 12, 2014 - GO Downloads Macroeconomic Theory: A Dynamic General Equilibrium Approach Michael Wickens >GO Downloads Book. Second, I study the To study this relationship, I use a panel data set that contains 45 (developed and developing) countries observed from 1987 through 2008, and I employ Arellano and Bonds generalized methods of moments (ABGMM) estimation method for dynamic panel data. Apr 17, 2014 - My project pertained to a field of macroeconomics known as Dynamic Stochastic General Equilibrium (DSGE) modeling.