Stochastic dynamic macroeconomics :: theory and empirical evidence /
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 incl...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Oxford ; New York :
Oxford University Press,
2006.
|
| Schriftenreihe: | OUP E-Books.
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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. Whereas the first two parts of the book are technically and empirically oriented by elaborating on solution and estimation methods to bring dynamic macroeconomic theory closer to the time series data, the part three of the book uses those tools and addresses major issues in contemporary dynamic macroeconomics. In pursuing those issues the book stresses-as in the New Keynesian literature-nominal and real rigidities. Yet, beyond the latter type of literature-and in contrast to the DGE model -the here presented modeling approach admits open ended dynamics and multiple equilibria, more realistic asset market features, nonclearing labor market, and explores the role of both demand and technology shocks on employment.; Central for those results is a new methodological idea pertaining to adaptive optimization where agents can reoptimize once they have received and learned about market constraints. Overall, the book is self-contained by including the appropriate solution and estimation methods which brings the theory closer to the time series data. It contains a modern treatment of dynamic macroeconomics for first and second year graduate students. |
| Beschreibung: | 1 online resource (viii, 202 pages) : illustrations |
| Bibliographie: | Includes bibliographical references (pages 189-199) and index. |
| ISBN: | 9781429438469 1429438460 9780195301625 0195301625 1280846364 9781280846366 0195345738 9780195345735 9786610846368 6610846367 |
Internformat
MARC
| LEADER | 00000cam a2200000 a 4500 | ||
|---|---|---|---|
| 001 | ZDB-4-EBU-ocm79256544 | ||
| 003 | OCoLC | ||
| 005 | 20240405112445.0 | ||
| 006 | m o d | ||
| 007 | cr cnu---unuuu | ||
| 008 | 070121s2006 enka ob 001 0 eng d | ||
| 040 | |a N$T |b eng |e pn |c N$T |d YDXCP |d OCLCQ |d OCLCG |d OCLCQ |d QE2 |d IDEBK |d MERUC |d CCO |d E7B |d COCUF |d MT4IT |d DKDLA |d OCLCQ |d OCLCF |d OCLCO |d OCLCQ |d OCLCO |d MHW |d KIJ |d DEBSZ |d OCLCO |d OCLCQ |d OCLCO |d OCLCQ |d AZK |d AGLDB |d OCLCQ |d TOA |d OCLCQ |d MOR |d PIFAG |d PIFBR |d ZCU |d OTZ |d OCLCQ |d WY@ |d U3W |d LUE |d STF |d WRM |d CEF |d EZ9 |d ICG |d VT2 |d OCLCQ |d LHU |d FVL |d WYU |d YOU |d CANPU |d OCLCQ |d DKC |d AU@ |d OCLCQ |d CNTRU |d OCLCQ |d SFB |d BOL |d VLY |d INARC |d UKAHL |d OCLCO |d ANO |d OCLCQ |d GA0 |d YDX |d OCLCO |d OCLCQ |d OCLCL | ||
| 019 | |a 144225132 |a 144618737 |a 191924253 |a 252673747 |a 455977159 |a 473852441 |a 488350561 |a 560272666 |a 613355290 |a 648133416 |a 756883631 |a 814481510 |a 819513591 |a 821699287 |a 888465623 |a 961529652 |a 962657929 |a 988434608 |a 992055248 |a 992071475 |a 994786326 |a 1035652714 |a 1037699237 |a 1038590055 |a 1044194095 |a 1044258828 |a 1047582430 |a 1055338263 |a 1056348557 |a 1056349803 |a 1059559454 |a 1059788025 |a 1060803204 |a 1065033309 |a 1067006806 |a 1075563160 |a 1077794121 |a 1079890021 |a 1081287821 |a 1097328592 |a 1099561086 |a 1114462628 |a 1125443111 |a 1136190803 |a 1162037542 |a 1195042051 |a 1228595481 |a 1286905230 |a 1290072664 | ||
| 020 | |a 9781429438469 |q (electronic bk.) | ||
| 020 | |a 1429438460 |q (electronic bk.) | ||
| 020 | |a 9780195301625 | ||
| 020 | |a 0195301625 | ||
| 020 | |a 1280846364 | ||
| 020 | |a 9781280846366 | ||
| 020 | |a 0195345738 | ||
| 020 | |a 9780195345735 | ||
| 020 | |a 9786610846368 | ||
| 020 | |a 6610846367 | ||
| 027 | |a MYILIB_CUp | ||
| 035 | |a (OCoLC)79256544 |z (OCoLC)144225132 |z (OCoLC)144618737 |z (OCoLC)191924253 |z (OCoLC)252673747 |z (OCoLC)455977159 |z (OCoLC)473852441 |z (OCoLC)488350561 |z (OCoLC)560272666 |z (OCoLC)613355290 |z (OCoLC)648133416 |z (OCoLC)756883631 |z (OCoLC)814481510 |z (OCoLC)819513591 |z (OCoLC)821699287 |z (OCoLC)888465623 |z (OCoLC)961529652 |z (OCoLC)962657929 |z (OCoLC)988434608 |z (OCoLC)992055248 |z (OCoLC)992071475 |z (OCoLC)994786326 |z (OCoLC)1035652714 |z (OCoLC)1037699237 |z (OCoLC)1038590055 |z (OCoLC)1044194095 |z (OCoLC)1044258828 |z (OCoLC)1047582430 |z (OCoLC)1055338263 |z (OCoLC)1056348557 |z (OCoLC)1056349803 |z (OCoLC)1059559454 |z (OCoLC)1059788025 |z (OCoLC)1060803204 |z (OCoLC)1065033309 |z (OCoLC)1067006806 |z (OCoLC)1075563160 |z (OCoLC)1077794121 |z (OCoLC)1079890021 |z (OCoLC)1081287821 |z (OCoLC)1097328592 |z (OCoLC)1099561086 |z (OCoLC)1114462628 |z (OCoLC)1125443111 |z (OCoLC)1136190803 |z (OCoLC)1162037542 |z (OCoLC)1195042051 |z (OCoLC)1228595481 |z (OCoLC)1286905230 |z (OCoLC)1290072664 | ||
| 050 | 4 | |a HB172.5 |b .G66 2006eb | |
| 055 | 1 | 3 | |a HB172.5 |b .G66 2006eb |
| 072 | 7 | |a POL |x 023000 |2 bisacsh | |
| 072 | 7 | |a BUS |x 039000 |2 bisacsh | |
| 072 | 7 | |a KCB |2 bicssc | |
| 082 | 7 | |a 339/.01/51922 |2 22 | |
| 049 | |a MAIN | ||
| 100 | 1 | |a Gong, Gang, |d 1959- |0 http://id.loc.gov/authorities/names/n2004095233 | |
| 245 | 1 | 0 | |a Stochastic dynamic macroeconomics : |b theory and empirical evidence / |c Gang Gong, Willi Semmler. |
| 260 | |a Oxford ; |a New York : |b Oxford University Press, |c 2006. | ||
| 300 | |a 1 online resource (viii, 202 pages) : |b illustrations | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 340 | |g polychrome. |2 rdacc |0 http://rdaregistry.info/termList/RDAColourContent/1003 | ||
| 347 | |a data file | ||
| 504 | |a Includes bibliographical references (pages 189-199) and index. | ||
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Introduction and Overview; 1. Solution Methods of Stochastic Dynamic Models; 2. Solving a Prototype Stochastic Dynamic Model; 3. Estimating and Evaluating the Stochastic Dynamic Model; 4. Real Business Cycles: Theory and Solutions; 5. Empirics of the Standard Real Business Cycle Model; 6. Asset Market Implications of Real Businss Cycles; 7. Multiple Equilibria and History Dependence; 8. Business Cycles with a Nonclearing Labor Market; 9. Monopolistic Competition, Nonclearing Markets, and Technology Shocks; 10. Reflections and Conclusions; Notes; Bibliography; Index; A; B; C; D; E; F. | |
| 520 | |a 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. Whereas the first two parts of the book are technically and empirically oriented by elaborating on solution and estimation methods to bring dynamic macroeconomic theory closer to the time series data, the part three of the book uses those tools and addresses major issues in contemporary dynamic macroeconomics. In pursuing those issues the book stresses-as in the New Keynesian literature-nominal and real rigidities. Yet, beyond the latter type of literature-and in contrast to the DGE model -the here presented modeling approach admits open ended dynamics and multiple equilibria, more realistic asset market features, nonclearing labor market, and explores the role of both demand and technology shocks on employment.; Central for those results is a new methodological idea pertaining to adaptive optimization where agents can reoptimize once they have received and learned about market constraints. Overall, the book is self-contained by including the appropriate solution and estimation methods which brings the theory closer to the time series data. It contains a modern treatment of dynamic macroeconomics for first and second year graduate students. | ||
| 546 | |a English. | ||
| 650 | 0 | |a Macroeconomics |x Mathematical models. |0 http://id.loc.gov/authorities/subjects/sh2008107160 | |
| 650 | 0 | |a Equilibrium (Economics) |x Mathematical models. | |
| 650 | 0 | |a Business cycles |x Mathematical models. |0 http://id.loc.gov/authorities/subjects/sh2007102243 | |
| 650 | 0 | |a Keynesian economics |x Mathematical models. | |
| 650 | 0 | |a Stochastic analysis. |0 http://id.loc.gov/authorities/subjects/sh85128175 | |
| 650 | 6 | |a Macroéconomie |x Modèles mathématiques. | |
| 650 | 6 | |a Cycles économiques |x Modèles mathématiques. | |
| 650 | 6 | |a Keynésianisme |x Modèles mathématiques. | |
| 650 | 6 | |a Analyse stochastique. | |
| 650 | 7 | |a POLITICAL SCIENCE |x Economic Conditions. |2 bisacsh | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Economics |x Macroeconomics. |2 bisacsh | |
| 650 | 7 | |a Business cycles |x Mathematical models |2 fast | |
| 650 | 7 | |a Equilibrium (Economics) |x Mathematical models |2 fast | |
| 650 | 7 | |a Keynesian economics |x Mathematical models |2 fast | |
| 650 | 7 | |a Macroeconomics |x Mathematical models |2 fast | |
| 650 | 7 | |a Stochastic analysis |2 fast | |
| 650 | 1 | 7 | |a Macro-economie. |2 gtt |
| 650 | 1 | 7 | |a Stochastische modellen. |2 gtt |
| 700 | 1 | |a Semmler, Willi. | |
| 758 | |i has work: |a Stochastic dynamic macroeconomics (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFVtKfrtc7QPDcxfttwFYX |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Gong, Gang, 1959- |t Stochastic dynamic macroeconomics. |d Oxford ; New York : Oxford University Press, 2006 |z 0195301625 |z 9780195301625 |w (DLC) 2005049870 |w (OCoLC)60515005 |
| 830 | 0 | |a OUP E-Books. | |
| 856 | 4 | 0 | |l FWS01 |p ZDB-4-EBU |q FWS_PDA_EBU |u https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=179960 |3 Volltext |
| 938 | |a YBP Library Services |b YANK |n 20445769 | ||
| 938 | |a Askews and Holts Library Services |b ASKH |n AH28533062 | ||
| 938 | |a Askews and Holts Library Services |b ASKH |n AH24082931 | ||
| 938 | |a ebrary |b EBRY |n ebr10160526 | ||
| 938 | |a EBSCOhost |b EBSC |n 179960 | ||
| 938 | |a ProQuest MyiLibrary Digital eBook Collection |b IDEB |n 84636 | ||
| 938 | |a Internet Archive |b INAR |n stochasticdynami0000gong | ||
| 938 | |a YBP Library Services |b YANK |n 2769087 | ||
| 938 | |a YBP Library Services |b YANK |n 7133272 | ||
| 938 | |a YBP Library Services |b YANK |n 2511323 | ||
| 994 | |a 92 |b GEBAY | ||
| 912 | |a ZDB-4-EBU | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-4-EBU-ocm79256544 |
|---|---|
| _version_ | 1804748424534294528 |
| adam_text | |
| any_adam_object | |
| author | Gong, Gang, 1959- |
| author2 | Semmler, Willi |
| author2_role | |
| author2_variant | w s ws |
| author_GND | http://id.loc.gov/authorities/names/n2004095233 |
| author_facet | Gong, Gang, 1959- Semmler, Willi |
| author_role | |
| author_sort | Gong, Gang, 1959- |
| author_variant | g g gg |
| building | Verbundindex |
| bvnumber | localFWS |
| callnumber-first | H - Social Science |
| callnumber-label | HB172 |
| callnumber-raw | HB172.5 .G66 2006eb |
| callnumber-search | HB172.5 .G66 2006eb |
| callnumber-sort | HB 3172.5 G66 42006EB |
| callnumber-subject | HB - Economic Theory and Demography |
| collection | ZDB-4-EBU |
| contents | Introduction and Overview; 1. Solution Methods of Stochastic Dynamic Models; 2. Solving a Prototype Stochastic Dynamic Model; 3. Estimating and Evaluating the Stochastic Dynamic Model; 4. Real Business Cycles: Theory and Solutions; 5. Empirics of the Standard Real Business Cycle Model; 6. Asset Market Implications of Real Businss Cycles; 7. Multiple Equilibria and History Dependence; 8. Business Cycles with a Nonclearing Labor Market; 9. Monopolistic Competition, Nonclearing Markets, and Technology Shocks; 10. Reflections and Conclusions; Notes; Bibliography; Index; A; B; C; D; E; F. |
| ctrlnum | (OCoLC)79256544 |
| dewey-full | 339/.01/51922 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 339 - Macroeconomics and related topics |
| dewey-raw | 339/.01/51922 |
| dewey-search | 339/.01/51922 |
| dewey-sort | 3339 11 551922 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>07977cam a2200925 a 4500</leader><controlfield tag="001">ZDB-4-EBU-ocm79256544 </controlfield><controlfield tag="003">OCoLC</controlfield><controlfield tag="005">20240405112445.0</controlfield><controlfield tag="006">m o d </controlfield><controlfield tag="007">cr cnu---unuuu</controlfield><controlfield tag="008">070121s2006 enka ob 001 0 eng d</controlfield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">N$T</subfield><subfield code="b">eng</subfield><subfield code="e">pn</subfield><subfield code="c">N$T</subfield><subfield code="d">YDXCP</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCG</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">QE2</subfield><subfield code="d">IDEBK</subfield><subfield code="d">MERUC</subfield><subfield code="d">CCO</subfield><subfield code="d">E7B</subfield><subfield code="d">COCUF</subfield><subfield code="d">MT4IT</subfield><subfield code="d">DKDLA</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCF</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCO</subfield><subfield code="d">MHW</subfield><subfield code="d">KIJ</subfield><subfield code="d">DEBSZ</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">AZK</subfield><subfield code="d">AGLDB</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">TOA</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">MOR</subfield><subfield code="d">PIFAG</subfield><subfield code="d">PIFBR</subfield><subfield code="d">ZCU</subfield><subfield code="d">OTZ</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">WY@</subfield><subfield code="d">U3W</subfield><subfield code="d">LUE</subfield><subfield code="d">STF</subfield><subfield code="d">WRM</subfield><subfield code="d">CEF</subfield><subfield code="d">EZ9</subfield><subfield code="d">ICG</subfield><subfield code="d">VT2</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">LHU</subfield><subfield code="d">FVL</subfield><subfield code="d">WYU</subfield><subfield code="d">YOU</subfield><subfield code="d">CANPU</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">DKC</subfield><subfield code="d">AU@</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">CNTRU</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">SFB</subfield><subfield code="d">BOL</subfield><subfield code="d">VLY</subfield><subfield code="d">INARC</subfield><subfield code="d">UKAHL</subfield><subfield code="d">OCLCO</subfield><subfield code="d">ANO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">GA0</subfield><subfield code="d">YDX</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCL</subfield></datafield><datafield tag="019" ind1=" " ind2=" "><subfield code="a">144225132</subfield><subfield code="a">144618737</subfield><subfield code="a">191924253</subfield><subfield code="a">252673747</subfield><subfield code="a">455977159</subfield><subfield code="a">473852441</subfield><subfield code="a">488350561</subfield><subfield code="a">560272666</subfield><subfield code="a">613355290</subfield><subfield code="a">648133416</subfield><subfield code="a">756883631</subfield><subfield code="a">814481510</subfield><subfield code="a">819513591</subfield><subfield code="a">821699287</subfield><subfield code="a">888465623</subfield><subfield code="a">961529652</subfield><subfield code="a">962657929</subfield><subfield code="a">988434608</subfield><subfield code="a">992055248</subfield><subfield code="a">992071475</subfield><subfield code="a">994786326</subfield><subfield code="a">1035652714</subfield><subfield code="a">1037699237</subfield><subfield code="a">1038590055</subfield><subfield code="a">1044194095</subfield><subfield code="a">1044258828</subfield><subfield code="a">1047582430</subfield><subfield code="a">1055338263</subfield><subfield code="a">1056348557</subfield><subfield code="a">1056349803</subfield><subfield code="a">1059559454</subfield><subfield code="a">1059788025</subfield><subfield code="a">1060803204</subfield><subfield code="a">1065033309</subfield><subfield code="a">1067006806</subfield><subfield code="a">1075563160</subfield><subfield code="a">1077794121</subfield><subfield code="a">1079890021</subfield><subfield code="a">1081287821</subfield><subfield code="a">1097328592</subfield><subfield code="a">1099561086</subfield><subfield code="a">1114462628</subfield><subfield code="a">1125443111</subfield><subfield code="a">1136190803</subfield><subfield code="a">1162037542</subfield><subfield code="a">1195042051</subfield><subfield code="a">1228595481</subfield><subfield code="a">1286905230</subfield><subfield code="a">1290072664</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781429438469</subfield><subfield code="q">(electronic bk.)</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">1429438460</subfield><subfield code="q">(electronic bk.)</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780195301625</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0195301625</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">1280846364</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781280846366</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0195345738</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780195345735</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9786610846368</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">6610846367</subfield></datafield><datafield tag="027" ind1=" " ind2=" "><subfield code="a">MYILIB_CUp</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)79256544</subfield><subfield code="z">(OCoLC)144225132</subfield><subfield code="z">(OCoLC)144618737</subfield><subfield code="z">(OCoLC)191924253</subfield><subfield code="z">(OCoLC)252673747</subfield><subfield code="z">(OCoLC)455977159</subfield><subfield code="z">(OCoLC)473852441</subfield><subfield code="z">(OCoLC)488350561</subfield><subfield code="z">(OCoLC)560272666</subfield><subfield code="z">(OCoLC)613355290</subfield><subfield code="z">(OCoLC)648133416</subfield><subfield code="z">(OCoLC)756883631</subfield><subfield code="z">(OCoLC)814481510</subfield><subfield code="z">(OCoLC)819513591</subfield><subfield code="z">(OCoLC)821699287</subfield><subfield code="z">(OCoLC)888465623</subfield><subfield code="z">(OCoLC)961529652</subfield><subfield code="z">(OCoLC)962657929</subfield><subfield code="z">(OCoLC)988434608</subfield><subfield code="z">(OCoLC)992055248</subfield><subfield code="z">(OCoLC)992071475</subfield><subfield code="z">(OCoLC)994786326</subfield><subfield code="z">(OCoLC)1035652714</subfield><subfield code="z">(OCoLC)1037699237</subfield><subfield code="z">(OCoLC)1038590055</subfield><subfield code="z">(OCoLC)1044194095</subfield><subfield code="z">(OCoLC)1044258828</subfield><subfield code="z">(OCoLC)1047582430</subfield><subfield code="z">(OCoLC)1055338263</subfield><subfield code="z">(OCoLC)1056348557</subfield><subfield code="z">(OCoLC)1056349803</subfield><subfield code="z">(OCoLC)1059559454</subfield><subfield code="z">(OCoLC)1059788025</subfield><subfield code="z">(OCoLC)1060803204</subfield><subfield code="z">(OCoLC)1065033309</subfield><subfield code="z">(OCoLC)1067006806</subfield><subfield code="z">(OCoLC)1075563160</subfield><subfield code="z">(OCoLC)1077794121</subfield><subfield code="z">(OCoLC)1079890021</subfield><subfield code="z">(OCoLC)1081287821</subfield><subfield code="z">(OCoLC)1097328592</subfield><subfield code="z">(OCoLC)1099561086</subfield><subfield code="z">(OCoLC)1114462628</subfield><subfield code="z">(OCoLC)1125443111</subfield><subfield code="z">(OCoLC)1136190803</subfield><subfield code="z">(OCoLC)1162037542</subfield><subfield code="z">(OCoLC)1195042051</subfield><subfield code="z">(OCoLC)1228595481</subfield><subfield code="z">(OCoLC)1286905230</subfield><subfield code="z">(OCoLC)1290072664</subfield></datafield><datafield tag="050" ind1=" " ind2="4"><subfield code="a">HB172.5</subfield><subfield code="b">.G66 2006eb</subfield></datafield><datafield tag="055" ind1="1" ind2="3"><subfield code="a">HB172.5</subfield><subfield code="b">.G66 2006eb</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">POL</subfield><subfield code="x">023000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">BUS</subfield><subfield code="x">039000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">KCB</subfield><subfield code="2">bicssc</subfield></datafield><datafield tag="082" ind1="7" ind2=" "><subfield code="a">339/.01/51922</subfield><subfield code="2">22</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">MAIN</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Gong, Gang,</subfield><subfield code="d">1959-</subfield><subfield code="0">http://id.loc.gov/authorities/names/n2004095233</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Stochastic dynamic macroeconomics :</subfield><subfield code="b">theory and empirical evidence /</subfield><subfield code="c">Gang Gong, Willi Semmler.</subfield></datafield><datafield tag="260" ind1=" " ind2=" "><subfield code="a">Oxford ;</subfield><subfield code="a">New York :</subfield><subfield code="b">Oxford University Press,</subfield><subfield code="c">2006.</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (viii, 202 pages) :</subfield><subfield code="b">illustrations</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="340" ind1=" " ind2=" "><subfield code="g">polychrome.</subfield><subfield code="2">rdacc</subfield><subfield code="0">http://rdaregistry.info/termList/RDAColourContent/1003</subfield></datafield><datafield tag="347" ind1=" " ind2=" "><subfield code="a">data file</subfield></datafield><datafield tag="504" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references (pages 189-199) and index.</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Print version record.</subfield></datafield><datafield tag="505" ind1="0" ind2=" "><subfield code="a">Introduction and Overview; 1. Solution Methods of Stochastic Dynamic Models; 2. Solving a Prototype Stochastic Dynamic Model; 3. Estimating and Evaluating the Stochastic Dynamic Model; 4. Real Business Cycles: Theory and Solutions; 5. Empirics of the Standard Real Business Cycle Model; 6. Asset Market Implications of Real Businss Cycles; 7. Multiple Equilibria and History Dependence; 8. Business Cycles with a Nonclearing Labor Market; 9. Monopolistic Competition, Nonclearing Markets, and Technology Shocks; 10. Reflections and Conclusions; Notes; Bibliography; Index; A; B; C; D; E; F.</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">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. Whereas the first two parts of the book are technically and empirically oriented by elaborating on solution and estimation methods to bring dynamic macroeconomic theory closer to the time series data, the part three of the book uses those tools and addresses major issues in contemporary dynamic macroeconomics. In pursuing those issues the book stresses-as in the New Keynesian literature-nominal and real rigidities. Yet, beyond the latter type of literature-and in contrast to the DGE model -the here presented modeling approach admits open ended dynamics and multiple equilibria, more realistic asset market features, nonclearing labor market, and explores the role of both demand and technology shocks on employment.; Central for those results is a new methodological idea pertaining to adaptive optimization where agents can reoptimize once they have received and learned about market constraints. Overall, the book is self-contained by including the appropriate solution and estimation methods which brings the theory closer to the time series data. It contains a modern treatment of dynamic macroeconomics for first and second year graduate students.</subfield></datafield><datafield tag="546" ind1=" " ind2=" "><subfield code="a">English.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Macroeconomics</subfield><subfield code="x">Mathematical models.</subfield><subfield code="0">http://id.loc.gov/authorities/subjects/sh2008107160</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Equilibrium (Economics)</subfield><subfield code="x">Mathematical models.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Business cycles</subfield><subfield code="x">Mathematical models.</subfield><subfield code="0">http://id.loc.gov/authorities/subjects/sh2007102243</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Keynesian economics</subfield><subfield code="x">Mathematical models.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Stochastic analysis.</subfield><subfield code="0">http://id.loc.gov/authorities/subjects/sh85128175</subfield></datafield><datafield tag="650" ind1=" " ind2="6"><subfield code="a">Macroéconomie</subfield><subfield code="x">Modèles mathématiques.</subfield></datafield><datafield tag="650" ind1=" " ind2="6"><subfield code="a">Cycles économiques</subfield><subfield code="x">Modèles mathématiques.</subfield></datafield><datafield tag="650" ind1=" " ind2="6"><subfield code="a">Keynésianisme</subfield><subfield code="x">Modèles mathématiques.</subfield></datafield><datafield tag="650" ind1=" " ind2="6"><subfield code="a">Analyse stochastique.</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">POLITICAL SCIENCE</subfield><subfield code="x">Economic Conditions.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS</subfield><subfield code="x">Economics</subfield><subfield code="x">Macroeconomics.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Business cycles</subfield><subfield code="x">Mathematical models</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Equilibrium (Economics)</subfield><subfield code="x">Mathematical models</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Keynesian economics</subfield><subfield code="x">Mathematical models</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Macroeconomics</subfield><subfield code="x">Mathematical models</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Stochastic analysis</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1="1" ind2="7"><subfield code="a">Macro-economie.</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1="1" ind2="7"><subfield code="a">Stochastische modellen.</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Semmler, Willi.</subfield></datafield><datafield tag="758" ind1=" " ind2=" "><subfield code="i">has work:</subfield><subfield code="a">Stochastic dynamic macroeconomics (Text)</subfield><subfield code="1">https://id.oclc.org/worldcat/entity/E39PCFVtKfrtc7QPDcxfttwFYX</subfield><subfield code="4">https://id.oclc.org/worldcat/ontology/hasWork</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Print version:</subfield><subfield code="a">Gong, Gang, 1959-</subfield><subfield code="t">Stochastic dynamic macroeconomics.</subfield><subfield code="d">Oxford ; New York : Oxford University Press, 2006</subfield><subfield code="z">0195301625</subfield><subfield code="z">9780195301625</subfield><subfield code="w">(DLC) 2005049870</subfield><subfield code="w">(OCoLC)60515005</subfield></datafield><datafield tag="830" ind1=" " ind2="0"><subfield code="a">OUP E-Books.</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-4-EBU</subfield><subfield code="q">FWS_PDA_EBU</subfield><subfield code="u">https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=179960</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">YBP Library Services</subfield><subfield code="b">YANK</subfield><subfield code="n">20445769</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">Askews and Holts Library Services</subfield><subfield code="b">ASKH</subfield><subfield code="n">AH28533062</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">Askews and Holts Library Services</subfield><subfield code="b">ASKH</subfield><subfield code="n">AH24082931</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">ebrary</subfield><subfield code="b">EBRY</subfield><subfield code="n">ebr10160526</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">EBSCOhost</subfield><subfield code="b">EBSC</subfield><subfield code="n">179960</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">ProQuest MyiLibrary Digital eBook Collection</subfield><subfield code="b">IDEB</subfield><subfield code="n">84636</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">Internet Archive</subfield><subfield code="b">INAR</subfield><subfield code="n">stochasticdynami0000gong</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">YBP Library Services</subfield><subfield code="b">YANK</subfield><subfield code="n">2769087</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">YBP Library Services</subfield><subfield code="b">YANK</subfield><subfield code="n">7133272</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">YBP Library Services</subfield><subfield code="b">YANK</subfield><subfield code="n">2511323</subfield></datafield><datafield tag="994" ind1=" " ind2=" "><subfield code="a">92</subfield><subfield code="b">GEBAY</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-4-EBU</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| id | ZDB-4-EBU-ocm79256544 |
| illustrated | Illustrated |
| indexdate | 2024-07-16T15:03:39Z |
| institution | BVB |
| isbn | 9781429438469 1429438460 9780195301625 0195301625 1280846364 9781280846366 0195345738 9780195345735 9786610846368 6610846367 |
| language | English |
| oclc_num | 79256544 |
| open_access_boolean | |
| owner | MAIN DE-863 DE-BY-FWS |
| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (viii, 202 pages) : illustrations |
| psigel | ZDB-4-EBU |
| publishDate | 2006 |
| publishDateSearch | 2006 |
| publishDateSort | 2006 |
| publisher | Oxford University Press, |
| record_format | marc |
| series | OUP E-Books. |
| spelling | Gong, Gang, 1959- http://id.loc.gov/authorities/names/n2004095233 Stochastic dynamic macroeconomics : theory and empirical evidence / Gang Gong, Willi Semmler. Oxford ; New York : Oxford University Press, 2006. 1 online resource (viii, 202 pages) : illustrations text txt rdacontent computer c rdamedia online resource cr rdacarrier polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003 data file Includes bibliographical references (pages 189-199) and index. Print version record. Introduction and Overview; 1. Solution Methods of Stochastic Dynamic Models; 2. Solving a Prototype Stochastic Dynamic Model; 3. Estimating and Evaluating the Stochastic Dynamic Model; 4. Real Business Cycles: Theory and Solutions; 5. Empirics of the Standard Real Business Cycle Model; 6. Asset Market Implications of Real Businss Cycles; 7. Multiple Equilibria and History Dependence; 8. Business Cycles with a Nonclearing Labor Market; 9. Monopolistic Competition, Nonclearing Markets, and Technology Shocks; 10. Reflections and Conclusions; Notes; Bibliography; Index; A; B; C; D; E; F. 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. Whereas the first two parts of the book are technically and empirically oriented by elaborating on solution and estimation methods to bring dynamic macroeconomic theory closer to the time series data, the part three of the book uses those tools and addresses major issues in contemporary dynamic macroeconomics. In pursuing those issues the book stresses-as in the New Keynesian literature-nominal and real rigidities. Yet, beyond the latter type of literature-and in contrast to the DGE model -the here presented modeling approach admits open ended dynamics and multiple equilibria, more realistic asset market features, nonclearing labor market, and explores the role of both demand and technology shocks on employment.; Central for those results is a new methodological idea pertaining to adaptive optimization where agents can reoptimize once they have received and learned about market constraints. Overall, the book is self-contained by including the appropriate solution and estimation methods which brings the theory closer to the time series data. It contains a modern treatment of dynamic macroeconomics for first and second year graduate students. English. Macroeconomics Mathematical models. http://id.loc.gov/authorities/subjects/sh2008107160 Equilibrium (Economics) Mathematical models. Business cycles Mathematical models. http://id.loc.gov/authorities/subjects/sh2007102243 Keynesian economics Mathematical models. Stochastic analysis. http://id.loc.gov/authorities/subjects/sh85128175 Macroéconomie Modèles mathématiques. Cycles économiques Modèles mathématiques. Keynésianisme Modèles mathématiques. Analyse stochastique. POLITICAL SCIENCE Economic Conditions. bisacsh BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh Business cycles Mathematical models fast Equilibrium (Economics) Mathematical models fast Keynesian economics Mathematical models fast Macroeconomics Mathematical models fast Stochastic analysis fast Macro-economie. gtt Stochastische modellen. gtt Semmler, Willi. has work: Stochastic dynamic macroeconomics (Text) https://id.oclc.org/worldcat/entity/E39PCFVtKfrtc7QPDcxfttwFYX https://id.oclc.org/worldcat/ontology/hasWork Print version: Gong, Gang, 1959- Stochastic dynamic macroeconomics. Oxford ; New York : Oxford University Press, 2006 0195301625 9780195301625 (DLC) 2005049870 (OCoLC)60515005 OUP E-Books. FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=179960 Volltext |
| spellingShingle | Gong, Gang, 1959- Stochastic dynamic macroeconomics : theory and empirical evidence / OUP E-Books. Introduction and Overview; 1. Solution Methods of Stochastic Dynamic Models; 2. Solving a Prototype Stochastic Dynamic Model; 3. Estimating and Evaluating the Stochastic Dynamic Model; 4. Real Business Cycles: Theory and Solutions; 5. Empirics of the Standard Real Business Cycle Model; 6. Asset Market Implications of Real Businss Cycles; 7. Multiple Equilibria and History Dependence; 8. Business Cycles with a Nonclearing Labor Market; 9. Monopolistic Competition, Nonclearing Markets, and Technology Shocks; 10. Reflections and Conclusions; Notes; Bibliography; Index; A; B; C; D; E; F. Macroeconomics Mathematical models. http://id.loc.gov/authorities/subjects/sh2008107160 Equilibrium (Economics) Mathematical models. Business cycles Mathematical models. http://id.loc.gov/authorities/subjects/sh2007102243 Keynesian economics Mathematical models. Stochastic analysis. http://id.loc.gov/authorities/subjects/sh85128175 Macroéconomie Modèles mathématiques. Cycles économiques Modèles mathématiques. Keynésianisme Modèles mathématiques. Analyse stochastique. POLITICAL SCIENCE Economic Conditions. bisacsh BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh Business cycles Mathematical models fast Equilibrium (Economics) Mathematical models fast Keynesian economics Mathematical models fast Macroeconomics Mathematical models fast Stochastic analysis fast Macro-economie. gtt Stochastische modellen. gtt |
| subject_GND | http://id.loc.gov/authorities/subjects/sh2008107160 http://id.loc.gov/authorities/subjects/sh2007102243 http://id.loc.gov/authorities/subjects/sh85128175 |
| title | Stochastic dynamic macroeconomics : theory and empirical evidence / |
| title_auth | Stochastic dynamic macroeconomics : theory and empirical evidence / |
| title_exact_search | Stochastic dynamic macroeconomics : theory and empirical evidence / |
| title_full | Stochastic dynamic macroeconomics : theory and empirical evidence / Gang Gong, Willi Semmler. |
| title_fullStr | Stochastic dynamic macroeconomics : theory and empirical evidence / Gang Gong, Willi Semmler. |
| title_full_unstemmed | Stochastic dynamic macroeconomics : theory and empirical evidence / Gang Gong, Willi Semmler. |
| title_short | Stochastic dynamic macroeconomics : |
| title_sort | stochastic dynamic macroeconomics theory and empirical evidence |
| title_sub | theory and empirical evidence / |
| topic | Macroeconomics Mathematical models. http://id.loc.gov/authorities/subjects/sh2008107160 Equilibrium (Economics) Mathematical models. Business cycles Mathematical models. http://id.loc.gov/authorities/subjects/sh2007102243 Keynesian economics Mathematical models. Stochastic analysis. http://id.loc.gov/authorities/subjects/sh85128175 Macroéconomie Modèles mathématiques. Cycles économiques Modèles mathématiques. Keynésianisme Modèles mathématiques. Analyse stochastique. POLITICAL SCIENCE Economic Conditions. bisacsh BUSINESS & ECONOMICS Economics Macroeconomics. bisacsh Business cycles Mathematical models fast Equilibrium (Economics) Mathematical models fast Keynesian economics Mathematical models fast Macroeconomics Mathematical models fast Stochastic analysis fast Macro-economie. gtt Stochastische modellen. gtt |
| topic_facet | Macroeconomics Mathematical models. Equilibrium (Economics) Mathematical models. Business cycles Mathematical models. Keynesian economics Mathematical models. Stochastic analysis. Macroéconomie Modèles mathématiques. Cycles économiques Modèles mathématiques. Keynésianisme Modèles mathématiques. Analyse stochastique. POLITICAL SCIENCE Economic Conditions. BUSINESS & ECONOMICS Economics Macroeconomics. Business cycles Mathematical models Equilibrium (Economics) Mathematical models Keynesian economics Mathematical models Macroeconomics Mathematical models Stochastic analysis Macro-economie. Stochastische modellen. |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=179960 |
| work_keys_str_mv | AT gonggang stochasticdynamicmacroeconomicstheoryandempiricalevidence AT semmlerwilli stochasticdynamicmacroeconomicstheoryandempiricalevidence |