03850nam a22005775i 4500 978-3-031-58105-2 DE-He213 20251030112645.0 cr nn 008mamaa 240723s2024 sz | s |||| 0|eng d 9783031581052 978-3-031-58105-2 10.1007/978-3-031-58105-2 doi HB172.5 KCB bicssc BUS039000 bisacsh KCB thema Galindo Gil, Hamilton. author. aut http://id.loc.gov/vocabulary/relators/aut 81134 Dynamic Stochastic General Equilibrium Models [electronic resource] : Real Business Cycles Models: Closed and Open Economy / by Hamilton Galindo Gil, Alexis Montecinos Bravo, Marco Antonio Ortiz Sosa. 1st ed. 2024. Cham : Springer Nature Switzerland : Imprint: Springer, 2024. XXIV, 453 p. 116 illus., 115 illus. in color. online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Springer Texts in Business and Economics, 2192-4341 An 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. This 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. Macroeconomics. Econometrics. 57695 Finance. 58339 Macroeconomics and Monetary Economics. 69508 Quantitative Economics. 70330 Financial Economics. 69737 Econometrics. 57695 Montecinos Bravo, Alexis. author. aut http://id.loc.gov/vocabulary/relators/aut 81135 Ortiz Sosa, Marco Antonio. author. aut http://id.loc.gov/vocabulary/relators/aut 81136 SpringerLink (Online service) Springer Nature eBook Printed edition: 9783031581045 Printed edition: 9783031581069 Printed edition: 9783031581076 Springer Texts in Business and Economics, 2192-4341 69742 https://doi.org/10.1007/978-3-031-58105-2 ZDB-2-ECF ZDB-2-SXEF 61847 61847