03476nam a22004935i 4500001001800000003000900018005001700027007001500044008004100059020001800100024003500118050001200153072001600165072002300181072001500204100008400219245020800303250001800511264006900529300006800598336002600666337002600692338003600718347002400754490005700778505030900835520122701144650002002371650001802391650001302409650004302422650002802465650002502493650001802518700008702536700008802623710003402711773002602745776003602771776003602807776003602843830005702879856004602936978-3-031-58105-2DE-He21320251030112645.0cr nn 008mamaa240723s2024    sz |    s    |||| 0|eng d  a97830315810527 a10.1007/978-3-031-58105-22doi 4aHB172.5 7aKCB2bicssc 7aBUS0390002bisacsh 7aKCB2thema1 aGalindo Gil, Hamilton.eauthor.4aut4http://id.loc.gov/vocabulary/relators/aut10aDynamic Stochastic General Equilibrium Modelsh[electronic resource] :bReal Business Cycles Models: Closed and Open Economy /cby Hamilton Galindo Gil, Alexis Montecinos Bravo, Marco Antonio Ortiz Sosa.  a1st ed. 2024. 1aCham :bSpringer Nature Switzerland :bImprint: Springer,c2024.  aXXIV, 453 p. 116 illus., 115 illus. in color.bonline resource.  atextbtxt2rdacontent  acomputerbc2rdamedia  aonline resourcebcr2rdacarrier  atext filebPDF2rda1 aSpringer Texts in Business and Economics,x2192-43410 aAn Overview of RBC models -- Dynare Foundations: solving and simulating DSGE models -- RBC model with analytical solution -- RBC model with constant labor -- RBC model with variable labor -- RBC model with shock to investment and variable use of capital -- Small Open Economy RBC -- Dynamic Optimization.  aThis textbook guides the student step-by-step in developing and solving a DSGE (Dynamic Stochastic General Equilibrium) model–not only from the technical and conceptual aspects but also through the simulation process of each model. Characterized by a learning-by-doing approach, the book is set apart from the extant textbooks in three ways. First, it performs all the algebra associated with each model, such as the calculation of steady-state and the log-linearization of the model. Second, each model developed has been generated in Dynare, and every chapter is accompanied by a set of codes (mod-files and m-files) that the reader can use to replicate the model developed in every chapter. Finally, the models considered are toy models in the closed and open economy, which allows the student to learn the basic lessons and understand the fundamental relationships of the variables. All of this prepares the student to deal with more complex models. This book is intended for advanced undergraduate or beginning graduate courses in economics, finance, or applied mathematics, as well as practitioners in central banks that use these models daily in the preparation of forecasts or simulations of aggregate variables. 0aMacroeconomics. 0aEconometrics. 0aFinance.14aMacroeconomics and Monetary Economics.24aQuantitative Economics.24aFinancial Economics.24aEconometrics.1 aMontecinos Bravo, Alexis.eauthor.4aut4http://id.loc.gov/vocabulary/relators/aut1 aOrtiz Sosa, Marco Antonio.eauthor.4aut4http://id.loc.gov/vocabulary/relators/aut2 aSpringerLink (Online service)0 tSpringer Nature eBook08iPrinted edition:z978303158104508iPrinted edition:z978303158106908iPrinted edition:z9783031581076 0aSpringer Texts in Business and Economics,x2192-434140uhttps://doi.org/10.1007/978-3-031-58105-2