Introduction to Dynamic Macroeconomic General Equilibrium Models Jose Luis Torres Chacon

This book offers an introductory step-by-step course in Dynamic Stochastic General Equilibrium modelling. Modern macroeconomic analysis is increasingly concerned with the construction, calibration and/or estimation and simulation of Dynamic General Equilibrium (DGE) models. The book is intended for graduate students as an introductory course to DGE modelling and for those economists who would like a hands-on approach to learning the basics of modern dynamic macroeconomic modelling. The book starts with the simplest canonical neoclassical DGE model and then gradually extends the basic framework incorporating a variety of additional features, such as consumption habit formation, investment adjustment cost, investment-specific technological change, taxes, public capital, household production, non-ricardian agents, monopolistic competition, etc. The book includes Dynare codes for the models developed that can be downloaded from the books homepage.

Ficha Técnica

• ISBN: 9781622730308
• Autor: José Luis Torres Chacon
• Editorial: Vernon Art and Science
• Páginas: No especificado
• Encuadernación: Tapa Dura
• Dimensiones: 152.00 x 229.00 mm