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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| 339.01'5195 GLO Global and national macroeconometric modelling : | 339.01'5195 GLO Global and national macroeconometric modelling : | 339.01'5195 GON Stochastic dynamic macroeconomics : | 339.01'5195 GON Stochastic dynamic macroeconomics : | 339.01'8 UNI Macro-economic models for planning and policy-making / | 339.01'82 BUR Macroeconomic theory : | 339.01'82 WOR The Working of econometric models / |
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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