Title
Computational Macroeconomics for the Open Economy,Used
Delivery time: 8-12 business days (International)
How to use nonlinear dynamic models in policy analysis.Policymakers need quantitative as well as qualitative answers to pressing policy questions. Because of advances in computational methods, quantitative estimates are now derived from coherent nonlinear dynamic macroeconomic models embodying measures of risk and calibrated to capture specific characteristics of realworld situations. This text shows how such models can be made accessible and operational for confronting policy issues. The book starts with a simple setting based on marketclearing price flexibility. It gradually incorporates departures from the simple competitive framework in the form of price and wage stickiness, taxes, rigidities in investment, financial frictions, and habit persistence in consumption. Most chapters end with computational exercises; the Matlab code for the base model can be found in the appendix. As the models evolve, readers are encouraged to modify the codes from the first simple model to more complex extensions. Computational Macroeconomics for the Open Economy can be used by graduate students in economics and finance as well as policyoriented researchers.
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We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main focus of 'Computational Macroeconomics for the Open Economy'? A: The book focuses on using nonlinear dynamic models for policy analysis in macroeconomics, helping policymakers derive quantitative estimates from these models.
- Q: Who is the author of this book? A: The author of 'Computational Macroeconomics for the Open Economy' is G. C. Lim.
- Q: What is the publication date of this book? A: The book was published on October 3, 2008.
- Q: What topics are covered in the book? A: The book covers topics such as market-clearing price flexibility, price and wage stickiness, taxes, financial frictions, and habit persistence in consumption.
- Q: How many pages does the book have? A: The book has a total of 231 pages.
- Q: What is the binding type of this book? A: The book is available in hardcover binding.
- Q: Is the book in new condition? A: Yes, the book is in new condition.
- Q: Does this book include practical exercises? A: Yes, most chapters include computational exercises, and the Matlab code for the base model is provided in the appendix.
- Q: Who would benefit from reading this book? A: Graduate students in economics and finance, as well as policy-oriented researchers, will benefit from this book.
- Q: What features does the book offer? A: The book features mint condition, same-day dispatch for orders received before 12 noon, guaranteed packaging, and a no-quibbles return policy.