Download or read book Dynamic General Equilibrium Modeling written by Burkhard Heer and published by Springer Science & Business Media. This book was released on 2009-08-12 with total page 720 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. In order to solve these models, economists need to use many mathematical tools. This book presents various methods in order to compute the dynamics of general equilibrium models. In part I, the representative-agent stochastic growth model is solved with the help of value function iteration, linear and linear quadratic approximation methods, parameterised expectations and projection methods. In order to apply these methods, fundamentals from numerical analysis are reviewed in detail. In particular, the book discusses issues that are often neglected in existing work on computational methods, e.g. how to find a good initial value. In part II, the authors discuss methods in order to solve heterogeneous-agent economies. In such economies, the distribution of the individual state variables is endogenous. This part of the book also serves as an introduction to the modern theory of distribution economics. Applications include the dynamics of the income distribution over the business cycle or the overlapping-generations model. In an accompanying home page to this book, computer codes to all applications can be downloaded.
Download or read book Introduction to Dynamic Macroeconomic General Equilibrium Models written by Jose Luis Torres Chacon and published by Vernon Press. This book was released on 2015-03-01 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an introductory step-by-step course to Dynamic Stochastic General Equilibrium modelling. Modern macroeconomic analysis is increasingly concerned with the construction, calibration and/or estimation and simulation of Dynamic General Equilibrium (DGE) models. The book is intended for graduate students as an introductory course to DGE modelling and for those economists who would like a hands-on approach to learning the basics of modern dynamic macroeconomic modelling. The book starts with the simplest canonical neoclassical DGE model and then gradually extends the basic framework incorporating a variety of additional features, such as consumption habit formation, investment adjustment cost, investment-specific technological change, taxes, public capital, household production, non-ricardian agents, monopolistic competition, etc. The book includes Dynare codes for the models developed that can be downloaded from the book's homepage.
Download or read book Macroeconomic Theory written by Michael Wickens and published by Princeton University Press. This book was released on 2012-03-12 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive graduate textbook on modern macroeconomics Macroeconomic Theory is the most up-to-date graduate-level macroeconomics textbook available today. This revised second edition emphasizes the general equilibrium character of macroeconomics to explain effects across the whole economy while taking into account recent research in the field. It is the perfect resource for students and researchers seeking coverage of the most current developments in macroeconomics. Michael Wickens lays out the core ideas of modern macroeconomics and its links with finance. He presents the simplest general equilibrium macroeconomic model for a closed economy, and then gradually develops a comprehensive model of the open economy. Every important topic is covered, including growth, business cycles, fiscal policy, taxation and debt finance, current account sustainability, and exchange-rate determination. There is also an up-to-date account of monetary policy through inflation targeting. Wickens addresses the interrelationships between macroeconomics and modern finance and shows how they affect stock, bond, and foreign-exchange markets. In this edition, he also examines issues raised by the most recent financial crisis, and two new chapters explore banks, financial intermediation, and unconventional monetary policy, as well as modern theories of unemployment. There is new material in most other chapters, including macrofinance models and inflation targeting when there are supply shocks. While the mathematics in the book is rigorous, the fundamental concepts presented make the text self-contained and easy to use. Accessible, comprehensive, and wide-ranging, Macroeconomic Theory is the standard book on the subject for students and economists. The most up-to-date graduate macroeconomics textbook available today General equilibrium macroeconomics and the latest advances covered fully and completely Two new chapters investigate banking and monetary policy, and unemployment Addresses questions raised by the recent financial crisis Web-based exercises with answers Extensive mathematical appendix for at-a-glance easy reference This book has been adopted as a textbook at the following universities: American University Bentley College Brandeis University Brigham Young University California Lutheran University California State University - Sacramento Cardiff University Carleton University Colorado College Fordham University London Metropolitan University New York University Northeastern University Ohio University - Main Campus San Diego State University St. Cloud State University State University Of New York - Amherst Campus State University Of New York - Buffalo North Campus Temple University - Main Texas Tech University University of Alberta University Of Notre Dame University Of Ottawa University Of Pittsburgh University Of South Florida - Tampa University Of Tennessee University Of Texas At Dallas University Of Washington University of Western Ontario Wesleyan University Western Nevada Community College
Download or read book Critical Dynamics written by Uwe C. Täuber and published by Cambridge University Press. This book was released on 2014-03-06 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive and unified introduction to describing and understanding complex interacting systems.
Download or read book Interfacial Phenomena written by Clarence A. Miller and published by CRC Press. This book was released on 2007-10-08 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the first edition of Interfacial Phenomena, the interest in interfaces and surfactants has multiplied, along with their applications. Experimental and theoretical advances have provided scientists with greater insight into the structure, properties, and behavior of surfactant and colloid systems. Emphasizing equil
Download or read book Essays in Dynamic General Equilibrium Theory written by Alessandro Citanna and published by Springer Science & Business Media. This book was released on 2006-01-11 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.
Download or read book Neuronal Dynamics written by Wulfram Gerstner and published by Cambridge University Press. This book was released on 2014-07-24 with total page 591 pages. Available in PDF, EPUB and Kindle. Book excerpt: This solid introduction uses the principles of physics and the tools of mathematics to approach fundamental questions of neuroscience.
Download or read book Galileo Unbound written by David D. Nolte and published by Oxford University Press. This book was released on 2018-07-12 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Galileo Unbound traces the journey that brought us from Galileo's law of free fall to today's geneticists measuring evolutionary drift, entangled quantum particles moving among many worlds, and our lives as trajectories traversing a health space with thousands of dimensions. Remarkably, common themes persist that predict the evolution of species as readily as the orbits of planets or the collapse of stars into black holes. This book tells the history of spaces of expanding dimension and increasing abstraction and how they continue today to give new insight into the physics of complex systems. Galileo published the first modern law of motion, the Law of Fall, that was ideal and simple, laying the foundation upon which Newton built the first theory of dynamics. Early in the twentieth century, geometry became the cause of motion rather than the result when Einstein envisioned the fabric of space-time warped by mass and energy, forcing light rays to bend past the Sun. Possibly more radical was Feynman's dilemma of quantum particles taking all paths at once — setting the stage for the modern fields of quantum field theory and quantum computing. Yet as concepts of motion have evolved, one thing has remained constant, the need to track ever more complex changes and to capture their essence, to find patterns in the chaos as we try to predict and control our world.
Download or read book Nonlinear Dynamics in Equilibrium Models written by John Stachurski and published by Springer Science & Business Media. This book was released on 2012-01-25 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.
Download or read book Rock Slope Stability Analysis written by Gian Paolo Giani and published by CRC Press. This book was released on 1992-01-01 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deals with the methods of assessing the stability of rock slopes and the techniques of improving the stability conditions of natural and artificial slopes which are at risk. It also describes survey and measurement methods to model the behaviour of rock masses.
Download or read book Engineers Guide to Rotating Equipment written by Clifford Matthews and published by John Wiley & Sons. This book was released on 2002-02-15 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handy reference source, is a companion volume to the author’s Engineers’ Guide to Pressure Equipment. Heavily illustrated, and containing a wealth of useful data, it offers inspectors, engineers, operatives, and those maintaining engineering equipment a one stop everyday package of information. It will be particularly helpful in guiding users through the legislation that regulates this field. Legislation has very important implications for works inspection and in-service inspection of mechanical plant. An Engineers’ Guide to Rotating Equipment is packed with information, technical data, figures, tables and checklists. Details of relevant technical standards, the legislation and Accepted Codes of Practice (AcoPs) published by various bodies such as HSE and SAFed, are provided in addition to a number of website addresses and contact details. COMPLETE CONTENTS: Engineering fundamentals Bending, torsion, and stress Motion and dynamics Rotating machine fundamentals: Vibration, balancing, and noise Machine elements Fluid mechanics Centrifugal pumps Compressors and turbocompressors Prime movers Draught plant Basic mechanical design Materials of construction The machinery directives Organisations and associations.
Download or read book Quantum Gases written by Nick Proukakis and published by World Scientific. This book was released on 2013 with total page 579 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a broad overview of the principal theoretical techniques applied to non-equilibrium and finite temperature quantum gases. Covering Bose-Einstein condensates, degenerate Fermi gases, and the more recently realised exciton-polariton condensates, it fills a gap by linking between different methods with origins in condensed matter physics, quantum field theory, quantum optics, atomic physics, and statistical mechanics.
Download or read book Dynamic Macroeconomics written by George Alogoskoufis and published by MIT Press. This book was released on 2019-12-17 with total page 801 pages. Available in PDF, EPUB and Kindle. Book excerpt: An advanced treatment of modern macroeconomics, presented through a sequence of dynamic equilibrium models, with discussion of the implications for monetary and fiscal policy. This textbook offers an advanced treatment of modern macroeconomics, presented through a sequence of dynamic general equilibrium models based on intertemporal optimization on the part of economic agents. The book treats macroeconomics as applied and policy-oriented general equilibrium analysis, examining a number of models, each of which is suitable for investigating specific issues but may be unsuitable for others. After presenting a brief survey of the evolution of macroeconomics and the key facts about long-run economic growth and aggregate fluctuations, the book introduces the main elements of the intertemporal approach through a series of two-period competitive general equilibrium models—the simplest possible intertemporal models. This sets the stage for the remainder of the book, which presents models of economic growth, aggregate fluctuations, and monetary and fiscal policy. The text focuses on a full analysis of a limited number of key intertemporal models, which are stripped down to essentials so that students can focus on the dynamic properties of the models. Exercises encourage students to try their hands at solving versions of the dynamic models that define modern macroeconomics. Appendixes review the main mathematical techniques needed to analyze optimizing dynamic macroeconomic models. The book is suitable for advanced undergraduate and graduate students who have some knowledge of economic theory and mathematics for economists.
Download or read book Dynamics of Stellar Systems written by K. F. Ogorodnikov and published by Elsevier. This book was released on 2016-10-13 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dynamics of Stellar Systems focuses on the theoretical problems in stellar dynamics. The book first offers information on stellar dynamics, including historical development, fundamentals of synthetic method, and value of stellar dynamics. The text discusses the fundamental concepts of stellar statistics. Properties of univariate distribution functions; multivariate distribution functions; and statistical properties of stars are explained. The text then describes the elementary theory of galactic rotation and irregular forces in stellar systems. The text also tackles statistical stellar dynamics of neglecting encounters. Considerations include Boltzmann equation in curvilinear coordinates; importance of using one-valued integrals of the motion; and fundamental differential equation of stellar dynamics. The book also underscores the regular orbit of stars and dynamics of centroids. The text describes the dynamics of spherical stellar and rotating stellar systems. The theory of polytropic spheres; basic equations for spherical systems; masses and rotation of galaxies; and boundaries of galaxies are discussed. The text is highly recommended for readers interested in stellar dynamics.
Download or read book Basic Structural Dynamics written by James C. Anderson and published by John Wiley & Sons. This book was released on 2012-07-16 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise introduction to structural dynamics and earthquake engineering Basic Structural Dynamics serves as a fundamental introduction to the topic of structural dynamics. Covering single and multiple-degree-of-freedom systems while providing an introduction to earthquake engineering, the book keeps the coverage succinct and on topic at a level that is appropriate for undergraduate and graduate students. Through dozens of worked examples based on actual structures, it also introduces readers to MATLAB, a powerful software for solving both simple and complex structural dynamics problems. Conceptually composed of three parts, the book begins with the basic concepts and dynamic response of single-degree-of-freedom systems to various excitations. Next, it covers the linear and nonlinear response of multiple-degree-of-freedom systems to various excitations. Finally, it deals with linear and nonlinear response of structures subjected to earthquake ground motions and structural dynamics-related code provisions for assessing seismic response of structures. Chapter coverage includes: Single-degree-of-freedom systems Free vibration response of SDOF systems Response to harmonic loading Response to impulse loads Response to arbitrary dynamic loading Multiple-degree-of-freedom systems Introduction to nonlinear response of structures Seismic response of structures If you're an undergraduate or graduate student or a practicing structural or mechanical engineer who requires some background on structural dynamics and the effects of earthquakes on structures, Basic Structural Dynamics will quickly get you up to speed on the subject without sacrificing important information.
Download or read book Encyclopedia of Coastal Science written by M. Schwartz and published by Springer Science & Business Media. This book was released on 2006-11-08 with total page 1243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new Encyclopedia of Coastal Science stands as the latest authoritative source in the field of coastal studies, making it the standard reference work for specialists and the interested lay person. Unique in its interdisciplinary approach. This Encyclopedia features contributions by 245 well-known international specialists in their respective fields and is abundantly illustrated with line-drawings and photographs. Not only does this volume offer an extensive number of entries, it also includes various appendices, an illustrated glossary of coastal morphology and extensive bibliographic listings.
Download or read book Money Interest and Policy written by Jean-Pascal Bénassy and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Develops the argument that moving from "Ricardian" dynamic stochastic general equilibrium models to "non-Ricardian" models solves many puzzles and paradoxes in monetary issues that might have cast doubt on the DSGE methodology for monetary economics.
