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3 Infinitely Lived Agents
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Chapters in this book
- Frontmatter i
- Contents ix
- Preface xv
- Introduction 1
-
PART ONE: BASIC MODELS AND SOLUTION METHODS
- 1 The Basic Solow Model 7
- 2 Savings in an OLG Model 19
- 3 Infinitely Lived Agents 33
- 4 Recursive Deterministic Models 50
- 5 Recursive Stochastic Models 69
- 6 Hansen’s RBC Model 89
- 7 Linear Quadratic Dynamic Programming 146
-
PART TWO: EXTENSIONS OF THE BASIC RBC MODEL
- 8 Money: Cash in Advance 183
- 9 Money in the Utility Function 236
- 10 Staggered Pricing Model 258
- 11 Staggered Wage Setting 306
- 12 Financial Markets and Monetary Policy 329
- 13 Small Open Economy Models 370
- References 411
- Index 417
Chapters in this book
- Frontmatter i
- Contents ix
- Preface xv
- Introduction 1
-
PART ONE: BASIC MODELS AND SOLUTION METHODS
- 1 The Basic Solow Model 7
- 2 Savings in an OLG Model 19
- 3 Infinitely Lived Agents 33
- 4 Recursive Deterministic Models 50
- 5 Recursive Stochastic Models 69
- 6 Hansen’s RBC Model 89
- 7 Linear Quadratic Dynamic Programming 146
-
PART TWO: EXTENSIONS OF THE BASIC RBC MODEL
- 8 Money: Cash in Advance 183
- 9 Money in the Utility Function 236
- 10 Staggered Pricing Model 258
- 11 Staggered Wage Setting 306
- 12 Financial Markets and Monetary Policy 329
- 13 Small Open Economy Models 370
- References 411
- Index 417