03752nam a22004935i 4500001001800000003000900018005001700027007001500044008004100059020001800100024003500118050001200153072001600165072002300181072001500204100008500219245018400304250001800488264006900506300006500575336002600640337002600666338003600692347002400728490005700752505050600809520142901315650002002744650001802764650002102782650002102803650003402824650004302858650002802901650002202929650003602951710003402987773002603021776003603047776003603083776003603119830005703155856004603212978-3-031-56034-7DE-He21320251030112049.0cr nn 008mamaa240520s2024    sz |    s    |||| 0|eng d  a97830315603477 a10.1007/978-3-031-56034-72doi 4aHB172.5 7aKCB2bicssc 7aBUS0390002bisacsh 7aKCB2thema1 aChirichiello, Giuseppe.eauthor.4aut4http://id.loc.gov/vocabulary/relators/aut10aDSGE Models for Real Business Cycle and New Keynesian Macroeconomicsh[electronic resource] :bTheoretical Methods and Numerical Solutions with DYNARE /cby Giuseppe Chirichiello.  a1st ed. 2024. 1aCham :bSpringer Nature Switzerland :bImprint: Springer,c2024.  aXVII, 365 p. 12 illus., 5 illus. in color.bonline resource.  atextbtxt2rdacontent  acomputerbc2rdamedia  aonline resourcebcr2rdacarrier  atext filebPDF2rda1 aSpringer Texts in Business and Economics,x2192-43410 aChapter 1. Introduction -- Chapter 2. Finite Difference Equations and Systems of Difference Equations in Rational Expectations -- Chapter 3. Models of Representative Agents and Real Business Cycle Models -- Chapter 4. A Simplified Illustration of Numerical Solution Methods of DSGE Models With DYNARE Software -- Chapter 5. A Basic Version of the Micro-founded Neo-keynesian Model -- Chapter 6. More Complex NKE Models: Stickiness in Money Wages, Real Stickiness and Extensions to a Medium-size Model.  aThis textbook introduces graduate and upper undergraduate students to Dynamic Stochastic General Equilibrium (DSGE) models. As DSGE models become integral in advanced coursework, this book serves as an invaluable guide, explaining the complexities with a methodological red thread across its five chapters. Starting with the stochastic dynamic models of the Real Business Cycle (RBC) and progressing through the field of New Keynesian Macroeconomics (NKE), it employs DSGE models to shed light on the dynamic nature of economic systems. The book presents the Blanchard-Kahn methodology for theoretical solutions, discussing its usefulness and limitations as models evolve in complexity. The book goes on to explain the shift from analytical to numerical solutions, showcasing the DYNARE software and providing coding insights. Unique to this volume is a chapter on difference equations, equipping students with essential mathematical tools, and a concluding exploration of a medium-sized New Keynesian Economics model. This book will equip students to navigate the theoretical complexities of the topic and to independently replicate and comprehend the presented results. It bridges the gap between classical and Keynesian paradigms, reviving the debate in today's "RBC vs NKE" landscape. It will enable students to master the essence of macroeconomic theories and methodologies, paving the way for their scholarly pursuits. 0aMacroeconomics. 0aEconometrics. 0aFinance, Public. 0aLabor economics. 0aPopulationxEconomic aspects.14aMacroeconomics and Monetary Economics.24aQuantitative Economics.24aPublic Economics.24aLabor and Population Economics.2 aSpringerLink (Online service)0 tSpringer Nature eBook08iPrinted edition:z978303156033008iPrinted edition:z978303156035408iPrinted edition:z9783031560361 0aSpringer Texts in Business and Economics,x2192-434140uhttps://doi.org/10.1007/978-3-031-56034-7