Recursive Models of Dynamic Linear Economies (The Gorman Lectures in Economics): 8

Recursive Models of Dynamic Linear Economies (The Gorman Lectures in Economics): 8

by Lars Peter Hansen (Author), Lars Peter Hansen (Author), Thomas J. Sargent (Author)

Synopsis

Demonstrates the analytical benefits acquired when an analysis with a representative consumer is possible, they also characterize the restrictiveness of assumptions under which a representative household justifies a purely aggregative analysis.

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More Information

Format: Illustrated
Pages: 424
Edition: Illustrated
Publisher: Princeton University Press
Published: 26 Dec 2013

ISBN 10: 0691042772
ISBN 13: 9780691042770