Recursive models of dynamic linear economies /

330.01511352
H249

135611

Hansen, Lars Peter. Recursive models of dynamic linear economies / Lars Hansen and Thomas J. Sargent. - Princeton : Princeton University Press, c2014.
xv, 399 p. ; 26 cm. - (The Gorman lectures in economics ) Content notes : Part I: Overview --
1. Theory and econometrics --

Part II: Tools --
2. Linear stochastic difference equations --
3. Efficient computations --

Part III: Components of economies --
4. Economic environments --
5. Optimal resource allocations --
6. A commodity space --
7. Competitive economies --

Part IV: Representations and properties --
8. Statistical representations --
9. Canonical household technologies --
10. Examples --
11. Permanent income models --
12. Gorman heterogeneous households --
13. Complete markets aggregation --
14. Periodic models of seasonality--

References --
Subject index --
Author index --
MATLAB index. Acknowledgements -- Preface -- Overview -- Theory and econometrics -- Tools -- Linear stochastic difference equations -- Efficient computations -- Components of economies -- Economic environments -- Optimal resource allocations -- A commodity space -- Competitive economies -- Representations and properties -- Statistical representations -- Canonical household technologies -- Examples -- Permanent income models -- Gorman heterogeneous households -- Complete markets aggregation -- References -- Subject index -- Author index -- MATLAB index. 9780691042770 (hardcover : alk. paper) * Economics - Mathematical models. * Sargent, Thomas J. * Title * Series