Recursive Methods in Economic Dynamics. Edward C. Prescott, Nancy L. Stokey, Robert E. Lucas

Recursive Methods in Economic Dynamics


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ISBN: 9780674750968 | 303 pages | 8 Mb

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  • Recursive Methods in Economic Dynamics
  • Edward C. Prescott, Nancy L. Stokey, Robert E. Lucas
  • Page: 303
  • Format: pdf, ePub, fb2, mobi
  • ISBN: 9780674750968
  • Publisher: Harvard University Press
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Free pdf downloads of textbooks Recursive Methods in Economic Dynamics 9780674750968 by Edward C. Prescott, Nancy L. Stokey, Robert E. Lucas (English Edition)

<p> This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully be applied. </p> <p> After presenting an overview of the recursive approach, the authors develop economic applications for deterministic dynamic programming and the stability theory of first-order difference equations. They then treat stochastic dynamic programming and the convergence theory of discrete-time Markov processes, illustrating each with additional economic applications. They also derive a strong law of large numbers for Markov processes. Finally, they present the two fundamental theorems of welfare economics and show how to apply the methods developed earlier to general equilibrium systems. </p> <p> The authors go on to apply their methods to many areas of economics. Models of firm and industry investment, household consumption behavior, long-run growth, capital accumulation, job search, job matching, inventory behavior, asset pricing, and money demand are among those they use to show how predictions can he made about individual and social behavior. Researchers and graduate students in economic theory will find this book essential. </p>

Course module - Mathematical Methods in Economic Analysis
N.L. Stokey and R.E. Lucas, Jr, Recursive Methods in Economic Dynamics, Harvard University Press, 1989. J. Tirole, The Theory of Industrial Organisation, MIT,  Recursive Methods in Economic Dynamics (Hardcover) - Tower.com
Author: Nancy L. Stokey (Author) and Lucas Robert E. (Editor), Title: Recursive Methods in Economic Dynamics (Hardcover), Publisher: Harvard Univ Pr,  Recursive Methods in Economic Dynamics - Nancy - Google Books
After presenting an overview of the recursive approach, the authors develop economic applications for deterministic dynamic programming and the stability  Econ 210B - Mathematical Methods in Economics - Curtis Kephart
Dynamic Optimization. by Morton Kamien and Nancy Schwartz, 1991. - Recursive Methods in Economic Dynamics. by Nancy Stokey and Robert Lucas, 1989. EC5204 Mathematical Economics - University of St Andrews
Stokey, N. and R. E. Lucas 1989 Recursive Methods in Economic Dynamics, Harvard University Press. Sargent T., 1987, Dynamic Macroeconomic Theory,  【10】N. Stokey, R. Lucas - Recursive Methods in Economic - 微盘
通过新浪微盘下载【10】N. Stokey, R. Lucas - Recursive Methods in Economic Dynamics.pdf, 微盘是一款简单易用的网盘,提供超大免费云存储空间,支持电脑、 手机  Economics 817 - Queen's Economics Department - Queen's University
Main Text: Stokey, Nancy and Robert E. Lucas with Edward Prescott (1989) Recursive Methods in Economic Dynamics, Cambridge: Harvard University Press .



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