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Dynamic stochastic general equilibrium models = real business cycles models : closed and open economy /
紀錄類型:
書目-語言資料,印刷品 : Monograph/item
正題名/作者:
Dynamic stochastic general equilibrium models/ by Hamilton Galindo Gil, Alexis Montecinos Bravo, Marco Antonio Ortiz Sosa.
其他題名:
real business cycles models : closed and open economy /
作者:
Galindo Gil, Hamilton.
其他作者:
Montecinos Bravo, Alexis.
出版者:
Cham :Springer Nature Switzerland : : 2024.,
面頁冊數:
xxiv, 453 p. :ill. (chiefly col.), digital ; : 24 cm.;
Contained By:
Springer Nature eBook
標題:
Equilibrium (Economics) - Mathematical models. -
電子資源:
https://doi.org/10.1007/978-3-031-58105-2
ISBN:
9783031581052
Dynamic stochastic general equilibrium models = real business cycles models : closed and open economy /
Galindo Gil, Hamilton.
Dynamic stochastic general equilibrium models
real business cycles models : closed and open economy /[electronic resource] :by Hamilton Galindo Gil, Alexis Montecinos Bravo, Marco Antonio Ortiz Sosa. - Cham :Springer Nature Switzerland :2024. - xxiv, 453 p. :ill. (chiefly col.), digital ;24 cm. - Springer texts in business and economics,2192-4341. - Springer texts in business and economics..
An Overview of RBC models -- Dynare Foundations: solving and simulating DSGE models -- RBC model with analytical solution -- RBC model with constant labor -- RBC model with variable labor -- RBC model with shock to investment and variable use of capital -- Small Open Economy RBC -- Dynamic Optimization.
This textbook guides the student step-by-step in developing and solving a DSGE (Dynamic Stochastic General Equilibrium) model-not only from the technical and conceptual aspects but also through the simulation process of each model. Characterized by a learning-by-doing approach, the book is set apart from the extant textbooks in three ways. First, it performs all the algebra associated with each model, such as the calculation of steady-state and the log-linearization of the model. Second, each model developed has been generated in Dynare, and every chapter is accompanied by a set of codes (mod-files and m-files) that the reader can use to replicate the model developed in every chapter. Finally, the models considered are toy models in the closed and open economy, which allows the student to learn the basic lessons and understand the fundamental relationships of the variables. All of this prepares the student to deal with more complex models. This book is intended for advanced undergraduate or beginning graduate courses in economics, finance, or applied mathematics, as well as practitioners in central banks that use these models daily in the preparation of forecasts or simulations of aggregate variables.
ISBN: 9783031581052
Standard No.: 10.1007/978-3-031-58105-2doiSubjects--Topical Terms:
565217
Equilibrium (Economics)
--Mathematical models.
LC Class. No.: HB145
Dewey Class. No.: 339.5015118
Dynamic stochastic general equilibrium models = real business cycles models : closed and open economy /
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