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Intertemporal Macroeconomics Hardcover – 25 Mar 1993
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"A marvelous introduction to the methods and substance... to the language, as he puts it, of modern macroeconomics. It is literate, rigorous, up–to–date, and on theoretical issues, comprehensive." Robert E. Lucas Jr, John Dewey Service Professor, The University of Chicago
From the Back Cover
Intertemporal Macroeconomics is the first text to offer a unified and systematic exposition of the key issues, both traditional and new, in dynamic macroeconomics. Based on neoclassical growth theory, the book is designed for graduate and advanced undergraduate students in macroeconomics and finance. It contains an integrated survey of non–linear dynamics written especially for economists and up–to–date statements of the overlapping generations model ranging from theoretical foundations to policy applications.
Costas Azariadis has also provided extensive coverage of many recent developments in the entire range of macroeconomics including endogenous technical progress and its implications for economic development; intergenerational transfers and Ricardian equivalence; expectations, multiple equilibria and market volatility; least squares learning; laboratory experiments in monetary economics; and other topics.
Emphasis is placed on geometric and pedagogical tools which build mathematical models of dynamic economics from their foundations. There are thirty solved examples throughout the book, as well as ample problem sets designed to take readers from simple drill exercises to creative questions on topics of current research.
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