Recursive Methods in Economic Dynamics [Audiobook] download free by Nancy L. Stokey

Recursive Methods in Economic Dynamics Audiobook download free by Nancy L. Stokey
  • Listen audiobook: Recursive Methods in Economic Dynamics
  • Author: Nancy L. Stokey
  • Release date: 2011/2/23
  • Publisher: HARVARD UNIVERSITY PRESS
  • Language: English
  • Genre or Collection: Business, Finance and Law
  • ISBN: 9780674750968
  • Rating: 9.39 of 10
  • Votes: 507
  • Review by: Daphne Mayo
  • Review rating: 7.18 of 10
  • Review Date: 2018/11/2
  • Duration: 7H32M49S in 256 kbps (121.6 MB)
  • Date of creation of the audiobook: 2018-08-17
  • You can listen to this audiobook in formats: MP3, MPEG4, WAV, WMA, FLAC, MPEG-4 ALS, Musepack, Shorten (compression TAR.BZ2, ZIP, DEB, ALZ, DMG, RAR, TZO)
  • Total pages original book: 608
  • Includes a PDF summary of 60 pages
  • Duration of the summary (audio): 43M34S (12 MB)
  • Description or summary of the audiobook: Three eminent economists provide in this book a rigorous, self-contained treatment of modern economic dynamics. Nancy L. Stokey, Robert E. Lucas, Jr., and Edward C. Prescott develop the basic methods of recursive analysis and emphasize the many areas where they can usefully be applied.After presenting an overview of the recursive approach, the authors develop economic applications for deterministic dynamic programming and the stability theory of first-order difference equations. They then treat stochastic dynamic programming and the convergence theory of discrete-time Markov processes, illustrating each with additional economic applications. They also derive a strong law of large numbers for Markov processes. Finally, they present the two fundamental theorems of welfare economics and show how to apply the methods developed earlier to general equilibrium systems.The authors go on to apply their methods to many areas of economics. Models of firm and industry investment, household consumption behavior, long-run growth, capital accumulation, job search, job matching, inventory behavior, asset pricing, and money demand are among those they use to show how predictions can be made about individual and social behavior. Researchers and graduate students in many areas of economics, both theoretical and applied, will find this book essential.
  • Other categories, genre or collection: Economics
  • Download servers: Microsoft OneDrive, 4Shared, Uploaded, LimeTorrents, FreakShare, RARBG. Compressed in TAR.BZ2, ZIP, DEB, ALZ, DMG, RAR, TZO
  • Format: Hardback
  • Approximate value: 91.59 USD
  • Dimensions: 156x235x45.47mm
  • Weight: 962g
  • Printed by: Not Available
  • Published in: Cambridge, Mass, United States

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