The ABCs of RBCs

The ABCs of RBCs pdf epub mobi txt 电子书 下载 2025

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

出版者:Harvard University Press
作者:George McCandless
出品人:
页数:448
译者:
出版时间:2008-03-31
价格:USD 59.95
装帧:Hardcover
isbn号码:9780674028142
丛书系列:
图书标签:
  • Macroeconomics 
  • DSGE 
  • 经济学 
  • 宏观经济学 
  • RBC 
  • 经济 
  • 商业周期 
  • 宏观 
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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.

具体描述

读后感

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花了整整一星期读完,拿笔做了一遍。我觉得是我这两年时间里发现的最有价值的书了,虽然新知识不多,但最起码看完以后脑子里是有条理的。深入研究还是要看论文的,虽然很麻烦,但是躲不开。遗憾是书里只讲了数值求解,估计方面只字未提。现在dsge估计技术一日千里,也是很难搞...

评分

花了整整一星期读完,拿笔做了一遍。我觉得是我这两年时间里发现的最有价值的书了,虽然新知识不多,但最起码看完以后脑子里是有条理的。深入研究还是要看论文的,虽然很麻烦,但是躲不开。遗憾是书里只讲了数值求解,估计方面只字未提。现在dsge估计技术一日千里,也是很难搞...

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A macro textbook for new generation. A book focus more on modelling and techniques than economic intuition. So this one is not a good macro book for beginners compare with Romer's and others. For example, McCandless doesnt mention anything about investment ...  

评分

A macro textbook for new generation. A book focus more on modelling and techniques than economic intuition. So this one is not a good macro book for beginners compare with Romer's and others. For example, McCandless doesnt mention anything about investment ...  

用户评价

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配合Gali的书,效果更佳。

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配合Gali的书,效果更佳。

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A really useful book. The author walks you through the math (non-rigorously) used in those basic macro models (and some codes as well). Really helpful

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A really useful book. The author walks you through the math (non-rigorously) used in those basic macro models (and some codes as well). Really helpful

评分

A really useful book. The author walks you through the math (non-rigorously) used in those basic macro models (and some codes as well). Really helpful

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