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Economic Growth

Theory and Numerical Solution Methods

  • Alfonso Novales
  • Esther Fernández
  • Jesús Ruiz

Part of the Springer Texts in Business and Economics book series (STBE)

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 1-56
  3. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 57-104
  4. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 105-160
  5. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 161-201
  6. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 203-266
  7. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 267-317
  8. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 319-397
  9. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 399-447
  10. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 449-524
  11. Alfonso Novales, Esther Fernández, Jesús Ruiz
    Pages 525-548
  12. Back Matter
    Pages 549-558

About this book

Introduction

This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern Business Cycle Theory, the New Keynesian Macroeconomics, the class of Dynamic Stochastic General Equilibrium models, can be all considered as special cases of models of economic growth, and they can be analyzed by the theoretical and numerical procedures provided in the textbook.

Analytical discussions are presented in full detail. The book is self contained and it is designed so that the student advances in the theoretical and the computational issues in parallel. EXCEL and Matlab files are provided on an accompanying website (see Preface to the Second Edition) to illustrate theoretical results as well as to simulate the effects of economic policy interventions. The structure of these program files is described in "Numerical exercise"-type of sections, where the output of these programs is also interpreted. The second edition corrects a few typographical errors and improves some notation.

Keywords

Business Cycle Theory Dynamic Stochastic General Growth Theory Numerical Solution Methods

Authors and affiliations

  • Alfonso Novales
    • 1
  • Esther Fernández
    • 2
  • Jesús Ruiz
    • 3
  1. 1.Department of Quantitative EconomicsComplutense University of MadridPozuelo de AlarcónSpain
  2. 2.Department of Quantitative EconomicsComplutense University of MadridPozuelo de AlarcónSpain
  3. 3.Department of Quantitative EconomicsComplutense University of MadridPozuelo de AlarcónSpain

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-54950-2
  • Copyright Information Springer-Verlag Berlin Heidelberg 2014
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-642-54949-6
  • Online ISBN 978-3-642-54950-2
  • Series Print ISSN 2192-4333
  • Series Online ISSN 2192-4341
  • Buy this book on publisher's site
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