000			01760 a2200241 4500
005			20250519144749.0
008			190208b xxu||||| |||| 00| 0 eng d
020			_a9780521534038
040			_cIIT Kanpur
041			_aeng
082			_a339.5 _bD993
245			_aDynamic macroeconomic analysis _btheory and policy in general equilibrium _cedited by Sumru Altug, Jagjit S. Chadha and Charles Nolan
260			_bCambridge University Press _c2003 _aCambridge, UK
300			_axxvii, 582 p.
520			_aDynamic stochastic general equilibrium (DSGE) models have begun to dominate the field of macroeconomic theory and policy-making. These models describe the evolution of macroeconomic activity as a recursive sequence of outcomes based upon the optimal decision rules of rational households, firms and policy-makers. Whilst posing a micro-founded dynamic optimisation problem for agents under uncertainty, such models have been shown to be both analytically tractable and sufficiently rich for meaningful policy analysis in a wide class of macroeconomic problems, for example, monetary and fiscal policy, economic cycles and growth and capital flows. This volume collects specially commissioned papers from leading researchers, which pull together some of the key results in diverse areas. This book will promote research using optimising models and inform researchers, post-graduate students and economists in policy-oriented organisations of some of the key findings and policy implications.
650			_aMacroeconomics
650			_aDynamic stochastic general equilibrium(DSGE) models
653			_aEquilibrium (Economics)
700			_aAltug, Sumru, ed.
700			_aChadha, Jagjit S., ed.
700			_aNolan, Charles, ed.
942			_cBK
999			_c560102 _d560102