Cover: Solutions Manual for <i>Recursive Methods in Economic Dynamics</i>, from Harvard University PressCover: Solutions Manual for <i>Recursive Methods in Economic Dynamics</i> in PAPERBACK

Solutions Manual for Recursive Methods in Economic Dynamics

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Product Details

PAPERBACK

$37.00 • £29.95 • €33.50

ISBN 9780674008885

Publication Date: 01/30/2003

Short

304 pages

6-1/8 x 9-1/4 inches

8 line illustrations

World

[Recursive Methods in Economic Dynamics] is a tour de force. The authors present a unified approach to the techniques and applications of recursive economic theory. The presentations of discrete-time dynamic programming and of Markov processes are authoritative. There is a wide-ranging series of examples drawn from all branches of the discipline, but with special emphasis on macroeconomics. In the short run, the book will be a vital reference in any advanced course in macroeconomic theory. In the long run, it may help to remove the traditional boundaries between microeconomic theory and macroeconomic theory.—Andrew Caplin, Columbia University

[Recursive Methods in Economic Dynamics] is a wonderful collection of results on the techniques of dynamic programming with great applications to economics written by giants in the field.—Sanford J. Grossman, University of Pennsylvania

A magnificent work that is bound to have immense influence on the ways economists think about dynamic systems for many years to come. My own guess is that [Recursive Methods in Economic Dynamics] will eventually acquire the stature, say, of Hicks’s Value and Capital or Samuelson’s Foundations.—Thomas J. Sargent, The Hoover Institution

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