Stochastic Dynamic Macroeconomics
Oxford University Press

Stochastic Dynamic Macroeconomics

Subjects: Macroeconomics, Economics
ISBN13: 9780195301625
Published: 01 Jan 2006

Format - Hardback
By Gong, Gang

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Regular price A$187.20
Sale price A$187.20 Regular price A$208.00

Stochastic Dynamic Macroeconomics

Regular price A$187.20
Sale price A$187.20 Regular price A$208.00
Product description

This is a book on stochastic dynamic macroeconomics from a Keynesian perspective. It shows that including Keynesian features in intertemporal models considerably contributes to resolve major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model. It also demonstrates that including microeconomic intertemporal behavior of economic agents in macroeconomics is not inconsistent with Keynesian economics.

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