1 online resource (xxxiv, 1082 pages) :

"Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. The second edition contains substantial revisions to about half the original material, and extensive additional coverage appears in seven chapters new to this edition. The updated and added material covers new topics that further illustrate the power and pervasiveness of recursive methods."--Jacket

Includes bibliographical references (pages 1044-1071) and indexes

Print version record

Contents -- Acknowledgements -- Preface to the second edition -- Part I: The imperialism of recursive methods -- 1. Overview -- Part II: Tools -- 2. Time Series -- 3. Dynamic Programming -- 4. Practical Dynamic Programming -- 5. Linear Quadratic Dynamic Programming -- 6. Search, Matching, and Unemployment -- Part III: Competitive equilibria and applications -- 7. Recursive (Partial) Equilibrium -- 8. Equilibrium with Complete Markets -- 9. Overlapping Generations Models -- 10. Ricardian Equivalence -- 11. Fiscal Policies in the Growth Model

12. Recursive Competitive Equilibria13. Asset Pricing -- 14. Economic Growth -- 15. Optimal Taxation with Commitment -- Part IV: The savings problem and Bewley models -- 16. Self-Insurance -- 17. Incomplete Markets Models -- Part V: Recursive contracts -- 18. Dynamic Stackelberg Problems -- 19. Insurance Versus Incentives -- 20. Equilibrium without Commitment -- 21. Optimal Unemployment Insurance -- 22. Credible Government Policies -- 23. Two Topics in International Trade -- Part VI: Classical monetary economics and search

24. Fiscal-Monetary Theories of Inflation25. Credit and Currency -- 26. Equilibrium Search and Matching -- Part VII: Technical appendixes -- A. Functional Analysis -- B. Control and Filtering -- References -- Index -- Author Index -- Matlab Index

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