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Dynamic macroeconomic analysis :

Dynamic macroeconomic analysis : theory and policy in general equilibrium / edited by Sumru Altug, Jagjit S. Chadha and Charles Nolan. - Cambridge, Uk ; New York : Cambridge University Press, 2003. - xxvii, 582 p. : ill. ; 25 cm.

Includes bibliographical references and indexes.

The application of stochastic dynamic programming methods to household consumption and saving decisions: a critical survey / James Pemberton --
Investment dynamics / Fanny S. Demers, Michael Demers, Sumru Altug --
Taxes and welfare in a stochastically growing economy / Stephen J. Turnovsky --
Recent developments in the macroeconomic stabilisation literature: is price stability a good stabilisation strategy? Matthew B. Canzoneri, Robert E. Cumby, Behzad T. Diba --
On the interaction of monetary and fiscal policy / Jagjit S. Chadha, Charles Nolan --
Dynamic general equilibrium analysis: the open economy dimension / Philip R. Lane, Giovanni Ganelli --
Credit frictions and 'Sudden Stops' in small open economies: an equilibrium business cycle framework for emerging markets crises / Cristina Arellano, Enrique G. Mendoza --
Asset pricing in macroeconomic models / Paul Soderlind --
Labour market search and monetary shocks / Carl E. Walsh --
On the introduction of endogenous labour income in deterministic and stochastic endogenous growth models / Stephen J. Turnovsky --
Growth and business cycles / Gabriel Talmain. TOC

Summary:
This collection of essays applies modern micro-founded macroeconomic models to some of the most important economic policy questions facing monetary and macroeconomic policymakers. Key issues surveyed include: consumption investment; growth and business cycles; the role of government; asset pricing; the interaction of monetary and fiscal policy; open-economy issues; stabilization policy and general equilibrium analysis of emerging market crises. The book includes specially commissioned chapters from recognized authorities.



0521826683 9780521826686 0521534038 (pb.) 9780521534031

2003043589


Macroeconomics.
Equilibrium (Economics)

HB172.5 / .D96 2003

339.5 / DYN 2003