WebOct 9, 2015 · Recursive simulation shows that the dynamic equilibrium paths of aggregate variables are highly persistent and match the moments of U.S. data better than a model with fixed sticky information or with sticky prices, especially with regard to higher moments and the degree of persistence. ... Journal of Economic Dynamics & Control 34, 984 ... WebIn the preface to Recursive Methods in Economic Dynamics, the authors stated that their aim was to make recursive methods accessible to the wider economics profession. They succeeded. Since RMED appeared in 1989, the use of recursive methods in …
Recursive inverse dynamics sensitivity analysis of open-tree-type ...
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RECURSIVE INATTENTIVENESS WITH HETEROGENEOUS …
WebRecursive Dynamics offers solutions from additive manufacturing to enterprise-level software services. We are an electronics manufacturing and software development … WebDec 26, 2013 · In Recursive Models of Dynamic Linear Economies, Lars Peter Hansen and Thomas Sargent use these tools to create a class of econometrically tractable models of prices and quantities. They present examples from microeconomics, macroeconomics, and asset pricing. The models are cast in terms of a representative consumer. WebRecursive Methods in Economic Dynamics - Nov 09 2024 This rigorous but brilliantly lucid book presents a self-contained treatment of modern economic dynamics. Stokey, Lucas, and Prescott develop the basic methods of recursive analysis and illustrate the many areas where they can usefully be applied. Methods in Experimental Economics - Apr 02 2024 david mckinley china