Stochastic Dynamic Macroeconomics: Theory and Empirical Evidence

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This is a book on stochastic dynamic macroeconomics from a Keynesian perspective. It shows that including Keynesian features in intertemporal models considerably contributes to resolve major puzzles arising in the context of the Dynamic General Equilibrium (DGE) model. It also demonstrates
that including microeconomic intertemporal behavior of economic agents in macroeconomics is not inconsistent with Keynesian economics.

Format:Hardcover

Language:English

ISBN:0195301625

ISBN13:9780195301625

Release Date:January 2006

Publisher:Oxford University Press, USA

Length:224 Pages

Weight:1.00 lbs.

Dimensions:0.8" x 6.3" x 9.6"

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Stochastic Dynamic Macroeconomics: Theory and Empirical Evidence

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