| 000 -LEADER |
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| fixed length control field |
a |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
250606b xxu||||| |||| 00| 0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
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| International Standard Book Number |
9780262123068 |
| Terms of availability |
(hbk) |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER |
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| Classification number |
339.015195 |
| Item number |
LIM |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Lim, Guay C. |
| 245 ## - TITLE STATEMENT |
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| Title |
Computational macroeconomics for the open economy |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
|---|
| Name of publisher, distributor, etc |
MIT Press, |
| Date of publication, distribution, etc |
2024 |
| Place of publication, distribution, etc |
Cambridge : |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
xiv, 231 p. ; |
| Other physical details |
ill., |
| Dimensions |
24 cm |
| 365 ## - TRADE PRICE |
|---|
| Price amount |
50.00 |
| Price type code |
$ |
| Unit of pricing |
89.00 |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE |
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| Bibliography, etc |
Includes bibliographical references and index. |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
Policymakers need quantitative as well as qualitative answers to pressing policy questions. Because of advances in computational methods, quantitative estimates are now derived from coherent nonlinear dynamic macroeconomic models embodying measures of risk and calibrated to capture specific characteristics of real-world situations. This text shows how such models can be made accessible and operational for confronting policy issues. The book starts with a simple setting based on market-clearing price flexibility. It gradually incorporates departures from the simple competitive framework in the form of price and wage stickiness, taxes, rigidities in investment, financial frictions, and habit persistence in consumption. Most chapters end with computational exercises; the Matlab code for the base model can be found in the appendix. As the models evolve, readers are encouraged to modify the codes from the first simple model to more complex extensions. Computational Macroeconomics for the Open Economy can be used by graduate students in economics and finance as well as policy-oriented researchers. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Econometric models |
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| Topical term or geographic name as entry element |
Macroeconomics |
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| Topical term or geographic name as entry element |
Dynamic Model |
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| Topical term or geographic name as entry element |
Capital accumulation |
|
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| Topical term or geographic name as entry element |
Consumption tax |
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| Topical term or geographic name as entry element |
Decision rules; |
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| Topical term or geographic name as entry element |
Euler equation errors |
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| Topical term or geographic name as entry element |
Monetary policy |
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| Topical term or geographic name as entry element |
Productivity shock |
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| Topical term or geographic name as entry element |
Taylor rule |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
McNelis, Paul D. |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Source of classification or shelving scheme |
|
| Item type |
Books |