Stochastic dynamic macroeconomics :
Gong, Gang, 1959-
Stochastic dynamic macroeconomics : theory and empirical evidence / Gang Gong, Willi Semmler. - Oxford ; New York : Oxford University Press, 2006. - viii, 202 p. : ill. ; 24 cm.
Includes bibliographical references (p. 189-199) and index.
The book provides an interesting and readable discusion of alternative paradigms in macro economics, and illustrates the failure of the Dynamic General Equilibruim models when based on estimated parameters as compared to calibrated values.
0195301625
2005049870
Macroeconomics--Mathematical models.
Equilibrium (Economics)--Mathematical models.
Business cycles--Mathematical models.
Keynesian economics--Mathematical models.
Stochastic analysis.
HB172.5 / .G66 2006
339.01'5195
Stochastic dynamic macroeconomics : theory and empirical evidence / Gang Gong, Willi Semmler. - Oxford ; New York : Oxford University Press, 2006. - viii, 202 p. : ill. ; 24 cm.
Includes bibliographical references (p. 189-199) and index.
The book provides an interesting and readable discusion of alternative paradigms in macro economics, and illustrates the failure of the Dynamic General Equilibruim models when based on estimated parameters as compared to calibrated values.
0195301625
2005049870
Macroeconomics--Mathematical models.
Equilibrium (Economics)--Mathematical models.
Business cycles--Mathematical models.
Keynesian economics--Mathematical models.
Stochastic analysis.
HB172.5 / .G66 2006
339.01'5195