Macroeconomics Pdf 125747 | Book Item Download 2022-10-11 20-38-15

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File: Macroeconomics Pdf 125747 | Book Item Download 2022-10-11 20-38-15

lecture notes for macroeconomics i 2004 per krusell please do not distribute without permission comments and suggestions are welcome 1 2 chapter 1 introduction these lecture notes cover a one ...

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...Lecture notes for macroeconomics i per krusell please do not distribute without permission comments and suggestions are welcome chapter introduction these cover a one semester course the overriding goal of is to begin provide methodological tools advanced research in emphasis on theory although data guides theoretical explorations we build en tirely models with microfoundations e where behavior derived from basic assumptions consumers preferences production technologies information so always assumed be rational given restrictions imposed by primi tives all actors economic maximize their objectives macroeconomic studies emphasize decisions time dimension such as various forms investments moreover it often useful assume that horizon innite this makes dynamic optimization necessary part need rst signicant fraction goes through turn sequential maximization programming throughout discrete since leads simpler more intuitive mathematics thebaseline model use based assumption perfect com petit...

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Posted on: 11 Oct 2022 | 2 years ago
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