Dynamic General Equilibrium Modeling: Computational by Burkhard Heer HARDBACK

Name: Dynamic General Equilibrium Modeling: Computational by Burkhard Heer HARDBACK
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. K

Springer-Verlag Berlin and Heidelberg GmbH & Co. K

Master the computational methods for solving dynamic general equilibrium models with this comprehensive guide. Written by Burkhard Heer and Alfred Maußner, this hardcover book delves into the intricacies of modern business cycle and growth theory, providing essential tools for economists. It covers a range of techniques, including value function iteration, linear and quadratic approximation methods, and projection methods, with detailed reviews of numerical analysis fundamentals. Discover how to solve heterogeneous-agent economies and explore applications like income distribution dynamics and the overlapping-generations model. Computer codes for all applications are available for download. This first edition is an indispensable resource for understanding and applying advanced economic modeling. Summary: This book offers a detailed exploration of computational methods for solving dynamic general equilibrium models. It covers representative-agent and heterogeneous-agent economies, essential for modern economic theory. Key features include various solution techniques, numerical analysis fundamentals, and practical applications. Written in English by Burkhard Heer and Alfred Maußner, it is a hardcover edition with 702 pages. ISBN: 9783540856849.