000			03718nam a22005055i 4500
001			189485
003			IT-RoAPU
005			20250106150303.0
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007			cr || ||||||||
008			240826t20092008mau fo d z eng d
020			_a9780674033788 _qPDF
024	7		_a10.4159/9780674033788 _2doi
035			_a(DE-B1597)9780674033788
035			_a(DE-B1597)584819
035			_a(OCoLC)1294425964
040			_aDE-B1597 _beng _cDE-B1597 _erda
050		4	_aHB141 _b.M395 2008eb
072		7	_aBUS039000 _2bisacsh
082	0	4	_a339.01/5195 _222
084			_aonline - DeGruyter
100	1		_aMcCandless, George _eautore
245	1	4	_aThe ABCs of RBCs : _bAn Introduction to Dynamic Macroeconomic Models / _cGeorge McCandless.
264		1	_aCambridge, MA : _bHarvard University Press, _c[2009]
264		4	_c2008
300			_a1 online resource (448 p.)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0	0	_tFrontmatter -- _tContents -- _tPreface -- _tIntroduction -- _tPART ONE: BASIC MODELS AND SOLUTION METHODS -- _t1 The Basic Solow Model -- _t2 Savings in an OLG Model -- _t3 Infinitely Lived Agents -- _t4 Recursive Deterministic Models -- _t5 Recursive Stochastic Models -- _t6 Hansen’s RBC Model -- _t7 Linear Quadratic Dynamic Programming -- _tPART TWO: EXTENSIONS OF THE BASIC RBC MODEL -- _t8 Money: Cash in Advance -- _t9 Money in the Utility Function -- _t10 Staggered Pricing Model -- _t11 Staggered Wage Setting -- _t12 Financial Markets and Monetary Policy -- _t13 Small Open Economy Models -- _tReferences -- _tIndex
506	0		_arestricted access _uhttp://purl.org/coar/access_right/c_16ec _fonline access with authorization _2star
520			_aThe 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.
538			_aMode of access: Internet via World Wide Web.
546			_aIn English.
588	0		_aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 26. Aug 2024)
650		0	_aBusiness cycles _xEconometric models.
650		0	_aMacroeconomics _xEconometric models.
650		7	_aBUSINESS & ECONOMICS / Economics / Macroeconomics. _2bisacsh
850			_aIT-RoAPU
856	4	0	_uhttps://doi.org/10.4159/9780674033788?locatt=mode:legacy
856	4	0	_uhttps://www.degruyter.com/isbn/9780674033788
856	4	2	_3Cover _uhttps://www.degruyter.com/document/cover/isbn/9780674033788/original
942			_cEB
999			_c189485 _d189485