Store besparelser
Hurtig levering
Gemte
Log ind
0
Kurv
Bøger
Bestsellers
Kommer snart
Nyheder
Spil og hobby
Hjem
Kategorier
Bestsellers
Kommer snart
Nyheder
FAQ
Konto
Kontakt
Kurv
  1. Bog
  2. Økonomi
  3. Økonomisk teori og filosofi

Recursive Models of Dynamic Linear Economies

Af: Lars Peter Hansen, Thomas J. Sargent Engelsk Hardback

Recursive Models of Dynamic Linear Economies

Af: Lars Peter Hansen, Thomas J. Sargent Engelsk Hardback
Tjek vores konkurrenters priser

A guide to the economic modeling of household preferences, from two leaders in the field

A common set of mathematical tools underlies dynamic optimization, dynamic estimation, and filtering. In Recursive Models of Dynamic Linear Economies, Lars Peter Hansen and Thomas Sargent use these tools to create a class of econometrically tractable models of prices and quantities. They present examples from microeconomics, macroeconomics, and asset pricing. The models are cast in terms of a representative consumer. While Hansen and Sargent demonstrate the analytical benefits acquired when an analysis with a representative consumer is possible, they also characterize the restrictiveness of assumptions under which a representative household justifies a purely aggregative analysis.

Hansen and Sargent unite economic theory with a workable econometrics while going beyond and beneath demand and supply curves for dynamic economies. They construct and apply competitive equilibria for a class of linear-quadratic-Gaussian dynamic economies with complete markets. Their book, based on the 2012 Gorman lectures, stresses heterogeneity, aggregation, and how a common structure unites what superficially appear to be diverse applications. An appendix describes MATLAB programs that apply to the book''s calculations.

Vis mere
Tjek vores konkurrenters priser
Normalpris
kr 507
Fragt: 39 kr
6 - 8 hverdage
20 kr
Pakkegebyr
God 4 anmeldelser på
Tjek vores konkurrenters priser

A guide to the economic modeling of household preferences, from two leaders in the field

A common set of mathematical tools underlies dynamic optimization, dynamic estimation, and filtering. In Recursive Models of Dynamic Linear Economies, Lars Peter Hansen and Thomas Sargent use these tools to create a class of econometrically tractable models of prices and quantities. They present examples from microeconomics, macroeconomics, and asset pricing. The models are cast in terms of a representative consumer. While Hansen and Sargent demonstrate the analytical benefits acquired when an analysis with a representative consumer is possible, they also characterize the restrictiveness of assumptions under which a representative household justifies a purely aggregative analysis.

Hansen and Sargent unite economic theory with a workable econometrics while going beyond and beneath demand and supply curves for dynamic economies. They construct and apply competitive equilibria for a class of linear-quadratic-Gaussian dynamic economies with complete markets. Their book, based on the 2012 Gorman lectures, stresses heterogeneity, aggregation, and how a common structure unites what superficially appear to be diverse applications. An appendix describes MATLAB programs that apply to the book''s calculations.

Vis mere
Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 424
ISBN-13: 9780691042770
Indbinding: Hardback
Udgave:
ISBN-10: 0691042772
Kategori: Økonomisk teori og filosofi
Udg. Dato: 26 dec 2013
Længde: 29mm
Bredde: 188mm
Højde: 260mm
Forlag: Princeton University Press
Oplagsdato: 26 dec 2013
Forfatter(e): Lars Peter Hansen, Thomas J. Sargent
Forfatter(e) Lars Peter Hansen, Thomas J. Sargent

Kategori Økonomisk teori og filosofi

ISBN-13 9780691042770

Sprog Engelsk

Indbinding Hardback

Sider 424

Udgave

Længde 29mm

Bredde 188mm

Højde 260mm

Udg. Dato 26 dec 2013

Oplagsdato 26 dec 2013

Forlag Princeton University Press

Kategori sammenhænge