+612 9045 4394
 
CHECKOUT
Intertemporal Macroeconomics - Costas Azariadis

Intertemporal Macroeconomics

Hardcover

Published: 25th March 1993
Ships: 7 to 10 business days
7 to 10 business days
RRP $416.99
$288.50
31%
OFF
or 4 easy payments of $72.13 with Learn more
if ordered within

Intertemporal Macroeconomics is the first text to offer a unified and systematic exposition of the key issues, both traditional and new, in dynamic macroeconomics. Based on neoclassical growth theory, the book is designed for graduate and advanced undergraduate students in macroeconomics and finance. It contains an integrated survey of non-linear dynamics written especially for economists and up-to-date statements of the overlapping generations model ranging from theoretical foundations to policy applications.Costas Azariadis has also provided extensive coverage of many recent developments in the entire range of macroeconomics including endogenous technical progress and its implications for economic development: intergenerational transfers and Ricardian equivalence: expectations, multiple equilibria and market volatility: least squares learning: laboratory experiments in monetary economics: and other topics.Emphasis is placed on geometric and pedagogical tools which build mathematical models of dynamic economics from their foundations. There are thirty solved examples throughout the book, as well as ample problem sets designed to take readers from simple drill exercises to creative questions on topics of current research.

"A marvelous introduction to the methods and substance... to the language, as he puts it, of modern macroeconomics. It is literate, rigorous, up-to-date, and on theoretical issues, comprehensive." Robert E. Lucas Jr, John Dewey Service Professor, The University of Chicago

Part I: Discrete Dynamical Systems:.

Introduction to Part One.

Scalar Linear Equations.

Stockmarket Bubble.

Linear Systems.

Exchange-Rate Dynamics.

Nonlinear Systems.

The Structure of Growth Models.

Periodic Equilibria and Bifurcations.

Endogenous Fluctuations.

Technical Appendices.

Footnotes.

Bibliography.

Questions for Study.

Part II: Intertemporal Allocation:.

Introduction to Part Two.

Overlapping Generations.

Intertemporal Optimality.

Neoclassical Growth Theory.

Economic Development.

Advanced Topics.

Summing Up.

Technical Appendix.

Footnotes.

Bibliography.

Questions for Study.

Part III: National Debt and Fiscal Policy:.

Introduction to Part Three.

Balanced Policies.

Deficits in Exchange Economies.

Deficits in Growing Economies.

Advanced Topics.

Summing Up.

Footnotes.

Bibliography.

Questions for Study.

Part IV: Money and Asset Prices:.

Introduction to Part Four.

Fundamentals and Bubbles in Asset Prices.

The Quantity of Money.

Inflationary Finance.

Rational Expectations.

Market Psychology.

Advanced Topics.

Summing Up.

Footnotes.

Bibliography.

Questions for Study.

ISBN: 9781557863669
ISBN-10: 1557863660
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 528
Published: 25th March 1993
Publisher: BLACKWELL PUBL
Country of Publication: GB
Dimensions (cm): 23.62 x 16.79  x 3.46
Weight (kg): 0.87
Edition Number: 1