Stochastic dynamic macroeconomics : theory and empirical evidence / Gang Gong, Willi Semmler.
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TextPublication details: Oxford ; New York : Oxford University Press, 2006.Description: viii, 202 p. : ill. ; 24 cmISBN: - 0195301625
- 339.01'5195 22
- HB172.5 .G66 2006
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CBN KANO BRANCH LIBRARY General Stacks | Non-fiction | 339.01'5195 GON (Browse shelf(Opens below)) | c.2 | Available | 31008100649355 | ||
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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.
nmn 02/05/13
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