Introduction to Dynamic Macroeconomic Theory: An Overlapping Generations Approach

by George McCandless and Neil Wallace

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Economies are constantly in flux, and economists have long sought reliable means of analyzing their dynamic properties. This book provides a succinct and accessible exposition of modern dynamic (or intertemporal) macroeconomics. The authors use a microeconomics-based general equilibrium framework, specifically the overlapping generations model, which assumes that in every period there are two generations which overlap. This model allows the authors...

Format:Hardcover

Language:English

ISBN:0674461118

ISBN13:9780674461116

Release Date:January 1992

Publisher:Harvard University Press

Length:384 Pages

Weight:1.55 lbs.

Dimensions:1.1" x 6.1" x 9.6"

Related Subjects

Business Business & Investing Economics Macroeconomics Popular Economics

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Introduction to Dynamic Macroeconomic Theory: An Overlapping Generations Approach

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