Problems in Macroeconomic Theory
Solutions to Exercise from Thomas J. Sargent's "Macroeconomic Theory"
Paperback / softback
9780126197525
02 November 1987
£38.99
Emerald
- Description
- Contents
This manual presents detailed solutions to all the problems contained in Thomas Sargent's Macroeconomic Theory, Second Edition. The material in Sargent's book is up-to-date and challenging. The exercises not only illustrate the theoretical foundations of macroeconomic research but also treat issues and problems from the recent literature. This manual serves as a useful reference for students and researchers alike.
Nonstochastic Macroeconomics: The Keynesian Model. Tobin's Dynamic Aggregative Model. Dynamic Analysis of a Keynesian Model. Introduction to Stochastic Macroeconomics: Implicit Labor Contracts and Sticky Wages. Difference Equations and Lag Operators. Linear Least Squares Projections (Regressions). Linear Stochastic Difference Equations. Investment Under Uncertainty. Dynamic Optimal Taxation. The Phillips Curve. Optimal Monetary Policy. Aspects of the New Classical Macroeconomics.