Description
Book SynopsisIntertemporal 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.
Trade Review"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 ChicagoTable of ContentsPart I: Discrete Dynamical Systems:.
Introduction to Part One.
Scalar Linear Equations.
Stockmarket Bubble.
Linear Systems.
Exchange-Rate Dynamics.
Nonlinear Systems.
The Structure of Growth Models.
Periodic Equilibria and Bifurcations.
Endogenous Fluctuations.
Technical Appendices.
Footnotes.
Bibliography.
Questions for Study.
Part II: Intertemporal Allocation:.
Introduction to Part Two.
Overlapping Generations.
Intertemporal Optimality.
Neoclassical Growth Theory.
Economic Development.
Advanced Topics.
Summing Up.
Technical Appendix.
Footnotes.
Bibliography.
Questions for Study.
Part III: National Debt and Fiscal Policy:.
Introduction to Part Three.
Balanced Policies.
Deficits in Exchange Economies.
Deficits in Growing Economies.
Advanced Topics.
Summing Up.
Footnotes.
Bibliography.
Questions for Study.
Part IV: Money and Asset Prices:.
Introduction to Part Four.
Fundamentals and Bubbles in Asset Prices.
The Quantity of Money.
Inflationary Finance.
Rational Expectations.
Market Psychology.
Advanced Topics.
Summing Up.
Footnotes.
Bibliography.
Questions for Study.
