000			02894nam a2200205 4500
005			20250110204240.0
008			250110b |||||||| |||| 00| 0 eng d
020			_a9783031560330
082			_a330.101 _bCHI
100			_aChirichiello, Giuseppe _920378
245			_aDSGE models for real business cycle and new Keynesian macroeconomics: _btheoretical methods and numerical solutions with DYNARE
260			_bSpringer _aCham _c2024
300			_axvii, 365 p.
365			_aEUR _b89.99
490			_aSpringer Texts in Business and Economics
500			_aTable of content: Introduction Giuseppe Chirichiello Pages 1-4 Finite-Difference Equations and Systems of Difference Equations in Rational Expectations Giuseppe Chirichiello Pages 5-106 Models of Representative Agents and Real Business Cycle Models Giuseppe Chirichiello Pages 107-185 A Simplified Illustration of Numerical Solution Methods of DSGE Models with DYNARE Software Giuseppe Chirichiello Pages 187-220 A Basic Version of the Micro-founded Neo-Keynesian Model Giuseppe Chirichiello Pages 221-268 More Complex NKE Models: Stickiness in Money Wages, Real Stickiness, and Extensions to a Medium-Size Model Giuseppe Chirichiello Pages 269-358 Back Matter Pages 359-365 [https://link.springer.com/book/10.1007/978-3-031-56034-7]
520			_aThis textbook introduces graduate and upper undergraduate students to Dynamic Stochastic General Equilibrium (DSGE) models. As DSGE models become integral in advanced coursework, this book serves as an invaluable guide, explaining the complexities with a methodological red thread across its five chapters. Starting with the stochastic dynamic models of the Real Business Cycle (RBC) and progressing through the field of New Keynesian Macroeconomics (NKE), it employs DSGE models to shed light on the dynamic nature of economic systems. The book presents the Blanchard-Kahn methodology for theoretical solutions, discussing its usefulness and limitations as models evolve in complexity. The book goes on to explain the shift from analytical to numerical solutions, showcasing the DYNARE software and providing coding insights. Unique to this volume is a chapter on difference equations, equipping students with essential mathematical tools, and a concluding exploration of a medium-sized NewKeynesian Economics model. This book will equip students to navigate the theoretical complexities of the topic and to independently replicate and comprehend the presented results. It bridges the gap between classical and Keynesian paradigms, reviving the debate in today's "RBC vs NKE" landscape. It will enable students to master the essence of macroeconomic theories and methodologies, paving the way for their scholarly pursuits. (https://link.springer.com/book/10.1007/978-3-031-56034-7)
650			_aMacroeconomics--Econometric models _920379
942			_cBK _2ddc
999			_c8433 _d8433