Newly released
This book is new and will be uploaded as soon as it becomes available to us and if we secure the necessary publishing rights.
Methods of Macroeconomics Dynamics
(0)
Author:
Stephen TurnovskyNumber Of Reads:
55
Language:
English
Category:
Social sciencesSection:
Pages:
535
Quality:
excellent
Views:
598
Quate
Review
Save
Share
Book Description
Just as macroeconomic models describe the overall economy within a changing, or dynamic, framework, the models themselves change over time. In this text Stephen J. Turnovsky reviews in depth several early models as well as a representation of more recent models. They include traditional (backward-looking) models, linear rational expectations (future-looking) models, intertemporal optimization models, endogenous growth models, and continuous time stochastic models. The author uses examples from both closed and open economies. Whereas others commonly introduce models in a closed context, tacking on a brief discussion of the model in an open economy, Turnovsky integrates the two perspectives throughout to reflect the increasingly international outlook of the field. This new edition has been extensively revised. It contains a new chapter on optimal monetary and fiscal policy, and the coverage of growth theory has been expanded substantially. The range of growth models considered has been extended, with particular attention devoted to transitional dynamics and nonscale growth. The book includes cutting-edge research and unpublished data, including much of the author's own work.
Stephen Turnovsky
Stephen Turnovsky (born 1941) is a New Zealand economist and the Ford and Louisa Van Voorhis Professor of Political Economy at the University of Washington.He is one of the most highly cited economists in the world. As of November 2015, Research Papers in Economics ranks him as the 32nd most influential economist. RePEc reports that he has published over 5000 pages in academic journals, making him one of the top 5 most prolific economists.
A native of Wellington, New Zealand, Turnosky attended Victoria University of Wellington, majoring in mathematics and economics. After earning a bachelor's degree in 1962, and a master's in 1963, he continued his education at Harvard University, receiving his Ph.D. In 1968.
Turnovsky's economic interests are largely centered around macroeconomics. His most recent publishings are "The Distributional Consequences of Trade Liberalization: Consumption Tariff versus Investment Tariff Reduction" and "Population Size Effects in the Structural Development of England". Turnovsky also serves on various advisory boards for a number of journals. He currently serves as a Co-editor of Macroeconomics Dynamics and as an Associate Editor of the Journal of Public Economic Theory.
Book Currently Unavailable
This book is currently unavailable for publication. We obtained it under a Creative Commons license, but the author or publisher has not granted permission to publish it.
Rate Now
5 Stars
4 Stars
3 Stars
2 Stars
1 Stars
Quotes
Top Rated
Latest
Quate
Be the first to leave a quote and earn 10 points
instead of 3
Comments
Be the first to leave a comment and earn 5 points
instead of 3