The ABCs of RBCs：An Introduction to Dynamic Macroeconomic Models

RBC之ABC: 動態宏觀經濟模型入門

基本信息

Author：George T. McCandless

Format：Hardback | 448 pages

Dimensions：156 x 235 x 35.56mm | 811.93g

Publication date：01 Apr 2008

Publisher：HARVARD UNIVERSITY PRESS

Language：English

ISBN10：0674028147

ISBN13：9780674028142

頁面參數僅供參考，具體以實物為準

書籍簡介

《RBC之ABC》是第一本提供實際商業週期(RBC)和新凱恩斯模型的基本介紹的書。這些模型認為，隨機衝擊——純RBC模型的新發明、乾旱和戰爭，以及貨幣和財政政策和國際投資者風險規避——可以引發繁榮和衰退，並在很大程度上解釋觀察到的產出波動。George McCandless詳細地研究了一系列實際商業週期和新凱恩斯動態隨機一般均衡模型，展示瞭如何解決它們，以及如何對基本模型進行重要的擴展，如貨幣、價格和工資剛性、金融市場和開放經濟。每個新模型的脈衝響應函數顯示了添加的特徵是如何改變動力學的。《RBC之ABC》旨在教授經濟學從業者或學生如何建立簡單的RBC模型。文中提供了用於求解許多模型的Matlab代碼，細心的讀者應該能夠構造、求解和使用自己的模型。沿襲芝加哥和明尼蘇達“淡水”經濟學派的傳統，McCandless加強了當前宏觀經濟建模的方法和複雜性。

"The ABCs of RBCs" is the first book to provide a basic introduction to Real Business Cycle (RBC) and New-Keynesian models. These models argue that random shocks - new inventions, droughts, and wars, in the case of pure RBC models, and monetary and fiscal policy and international investor risk aversion, in more open interpretations - can trigger booms and recessions and can account for much of observed output volatility.George McCandless works through a sequence of these Real Business Cycle and New-Keynesian dynamic stochastic general equilibrium models in fine detail, showing how to solve them, and how to add important extensions to the basic model, such as money, price and wage rigidities, financial markets, and an open economy. The impulse response functions of each new model show how the added feature changes the dynamics."The ABCs of RBCs" is designed to teach the economic practitioner or student how to build simple RBC models. Matlab code for solving many of the models is provided, and careful readers should be able to construct, solve, and use their own models.In the tradition of the "freshwater" economic schools of Chicago and Minnesota, McCandless enhances the methods and sophistication of current macroeconomic modeling.

作者簡介

喬治·麥坎德萊斯(George McCandless)是阿根廷央行的經濟學家。

George McCandless is an economist at the Central Bank of Argentina.