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Recursive macroeconomic theory [4th ed.] (Record no. 566434)

MARC details
000 -LEADER
fixed length control field 02255 a2200253 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250402020004.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 230504b xxu||||| |||| 00| 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
ISBN 9780262038669
040 ## - CATALOGING SOURCE
Transcribing agency IIT Kanpur
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 339.0151135
Item number L769r4
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Ljungqvist, Lars
245 ## - TITLE STATEMENT
Title Recursive macroeconomic theory [4th ed.]
Statement of responsibility, etc Lars Ljungqvist and Thomas J. Sargent
250 ## - EDITION STATEMENT
Edition statement 4th ed.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher MIT Press
Year of publication 2018
Place of publication Cambridge
300 ## - PHYSICAL DESCRIPTION
Number of Pages xxxvii, 1437p
520 ## - SUMMARY, ETC.
Summary, etc The substantially revised fourth edition of a widely used text, offering both an introduction to recursive methods and advanced material, mixing tools and sample applications.Recursive methods provide powerful ways to pose and solve problems in dynamic macroeconomics. Recursive Macroeconomic Theory offers both an introduction to recursive methods and more advanced material. Only practice in solving diverse problems fully conveys the advantages of the recursive approach, so the book provides many applications. This fourth edition features two new chapters and substantial revisions to other chapters that demonstrate the power of recursive methods. One new chapter applies the recursive approach to Ramsey taxation and sharply characterizes the time inconsistency of optimal policies. These insights are used in other chapters to simplify recursive formulations of Ramsey plans and credible government policies. The second new chapter explores the mechanics of matching models and identifies a common channel through which productivity shocks are magnified across a variety of matching models. Other chapters have been extended and refined. For example, there is new material on heterogeneous beliefs in both complete and incomplete markets models; and there is a deeper account of forces that shape aggregate labor supply elasticities in lifecycle models. The book is suitable for first- and second-year graduate courses in macroeconomics. Most chapters conclude with exercises; many exercises and examples use Matlab or Python computer programming languages.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Recursive functions
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Macroeconomics
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Statics and dynamics (Social sciences)
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Sargent, Thomas J.
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Holdings
Withdrawn status Lost status Damaged status Not for loan Collection code Home library Current library Date acquired Source of acquisition Cost, normal purchase price Full call number Accession Number Cost, replacement price Koha item type
        TEXT PK Kelkar Library, IIT Kanpur PK Kelkar Library, IIT Kanpur 28/04/2023 112 7302.99 339.0151135 L769r4 A186113 10661.30 Text Books

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