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Recursive Methods in Economic Dynamics
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Recursive Methods in Economic Dynamics Hardback - 1989

by Nancy L. Stokey; Robert E. Lucas; Edward C. Prescott (With)

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Three eminent economists provide in this book a rigorous, self-contained treatment of modern economic dynamics. Nancy L. Stokey, Robert E. Lucas, Jr., and Edward C. Prescott develop the basic methods of recursive analysis and emphasize the many areas where they can usefully be applied.

After presenting an overview of the recursive approach, the authors develop economic applications for deterministic dynamic programming and the stability theory of first-order difference equations. They then treat stochastic dynamic programming and the convergence theory of discrete-time Markov processes, illustrating each with additional economic applications. They also derive a strong law of large numbers for Markov processes. Finally, they present the two fundamental theorems of welfare economics and show how to apply the methods developed earlier to general equilibrium systems.

The authors go on to apply their methods to many areas of economics. Models of firm and industry investment, household consumption behavior, long-run growth, capital accumulation, job search, job matching, inventory behavior, asset pricing, and money demand are among those they use to show how predictions can be made about individual and social behavior. Researchers and graduate students in many areas of economics, both theoretical and applied, will find this book essential.

Details

  • Title Recursive Methods in Economic Dynamics
  • Author Nancy L. Stokey; Robert E. Lucas; Edward C. Prescott (With)
  • Binding Hardback
  • Edition [ Edition: First
  • Pages 608
  • Volumes 1
  • Language ENG
  • Publisher Harvard University Press, London
  • Publication date 1989-10-10
  • Features Bibliography, Dust Cover, Index
  • ISBN 9780674750968 / 0674750969
  • Weight 2.13 lbs (0.97 kg)
  • Dimensions 9.5 x 6.58 x 1.79 in (24.13 x 16.71 x 4.55 cm)
  • Category Business / Economics / Finance
  • Library of Congress subjects Economics, Mathematical, Recursive functions
  • Library of Congress Catalogue Number 88037681
  • Dewey Decimal Code 330.015

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Recursive Methods in Economic Dynamics
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Recursive Methods in Economic Dynamics

by Nancy L. Stokey, Robert E. Lucas Jr.

  • Used
  • Good
  • Hardback
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Good
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Hardcover
ISBN 10 / ISBN 13
9780674750968 / 0674750969
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Harvard University Press, 1989. Hardback. Good. Good condition. Ex library. There are some scuffs to the edges and corners of the cover, and stickers on the front and base of the spine. There is a sticker on the inside front cover, stamps on the title page, pencil writing on the copyright page, a sticker and library record on the back end paper and a sticker on the inside back cover. Otherwise in very good condition with pages crisp and clean.
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Recursive Methods in Economic Dynamics
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Recursive Methods in Economic Dynamics

by Stokey, N. L.

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Harvard University Press, 1989. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. Dust jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,1100grams, ISBN:9780674750968
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Recursive Methods in Economic Dynamics

Recursive Methods in Economic Dynamics

by A. David Stokey; Nancy L. Stokey; Lucas, Robert E., Jr.

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Harvard University Press, 1989. Hardcover. Good. Disclaimer:Dust jacket quality is not guaranteed.
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Recursive Methods in Economic Dynamics
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Recursive Methods in Economic Dynamics

by Lucas Jr., Robert E

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Harvard University Press, 1989-10-10. First Edition. hardcover. Good. 24.1x16.4x4.6. Buy with confidence. Excellent Customer Service & Return policy.
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Recursive Methods in Economic Dynamics
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Recursive Methods in Economic Dynamics

by Stokey, Nancy L

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Harvard University Press, 1989-10-10. First Edition. hardcover. Used: Good. 6.12x1.50x9.25. Buy with confidence. Excellent Customer Service & Return policy.
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Recursive Methods in Economic Dynamics
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Recursive Methods in Economic Dynamics

by Stokey, Nancy L.; Lucas Jr., Robert E

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Harvard University Press, 1989-10-10. hardcover. Like New. 6x1x9. Ownership ink to front paste down, otherwise looks unread. Please email for photos.
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Recursive Methods in Economic Dynamics

Recursive Methods in Economic Dynamics

by Nancy L. Stokey

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Hardback. New. This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully be applied.
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Recursive Methods in Economic Dynamics

Recursive Methods in Economic Dynamics

by Lucas, Robert E., Jr.

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ISBN 10 / ISBN 13
9780674750968 / 0674750969
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Hardback. New. New Book; Fast Shipping from UK; Not signed; Not First Edition; This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully
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Recursive Methods in Economic Dynamics
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Recursive Methods in Economic Dynamics

by Stokey, Nancy L.

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  • Hardback
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ISBN 10 / ISBN 13
9780674750968 / 0674750969
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hardcover. Good. Access codes and supplements are not guaranteed with used items. May be an ex-library book.
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Recursive Methods In Economic Dynamics
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Recursive Methods In Economic Dynamics

by Nancy L Stokey, Robert E, Jr Lucas, Edward C Prescott,

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9780674750968 / 0674750969
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