Economic Growth Theory and Numerical Solution Methods /

• Main Authors: Novales, Alfonso. (Author), Fernǹdez, Esther. (Author), Ruz̕, Jess͠. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2009.
• Subjects: Economics.; Econometrics.; Endogenous growth (Economics).; Macroeconomics.; Economics, Mathematical.; Economics/Management Science.; Economic Growth.; Macroeconomics/Monetary Economics.; Economic Theory.; Game Theory/Mathematical Methods.
• Online Access: https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-3-540-68669-9

This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern Busin...

Table of Contents:

• Introduction
• The Neoclassical Growth Model under a Constant Savings Rate
• Optimal Growth. Continuous Time Analysis
• Optimal Growth. Discrete Time Analysis
• Numerical Solution Models
• Endogenous Growth Models
• Additional Endogenous Growth Models
• Growth in Monetary Economics: Steady-State Analysis of Monetary Policy
• Transitional Dynamics in Monetary Economics. Numerical Solutions
• Mathematical Appendix.