000 02285cam a22002654i 4500
001 135611
003 ISI Library, Kolkata
005 20150310125800.0
008 130423t20142014nju b 001 0 eng
020 _a9780691042770 (hardcover : alk. paper)
040 _aISI Library
082 0 0 _a330.01511352
_223
_bH249
100 1 _aHansen, Lars Peter.
245 1 0 _aRecursive models of dynamic linear economies /
_cLars Hansen and Thomas J. Sargent.
260 _aPrinceton :
_bPrinceton University Press,
_cc2014.
300 _axv, 399 p. ;
_c26 cm.
490 0 _aThe Gorman lectures in economics
504 _aIncludes bibliographical references (p. 379-392) and index.
505 0 _aPart 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.
505 0 _aAcknowledgements -- 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.
520 _aDemonstrates the analytical benefits acquired when an analysis with a representative consumer is possible, they also characterize the restrictiveness of assumptions under which a representative household justifies a purely aggregative analysis.
650 0 _aEconomics
_xMathematical models.
700 1 _aSargent, Thomas J.
942 _2ddc
_cBK
999 _c418878
_d418878