Book Review of Introduction to Dynamic Macroeconomic General Equilibrium Models. (2nd Ed) Wilmington, DE: Vernon Press, 2015. 282pp ISBN: 978-1-62273-030-8 (Hardcover) written by Josh L. Torres
Emerson Jackson
EconStor Open Access Articles and Book Chapters, 2018, vol. 6, issue 1, 284-289
Abstract:
The book comprised of six parts and a total of twelve chapters. Part I, “Introduction to Dynamic Stochastic and General Equilibrium (DSGE) Modelling,” set the underlying foundation of the basics of three key agents in DSGE formulation, namely, the Households, Firms and Government, while also acknowledging the important role policy-oriented agents like Central Bank and the External sector play in understanding the complex operations of macroeconomic models to economic realities.
Keywords: DSGE; Macroeconomic Modelling (search for similar items in EconPapers)
JEL-codes: D58 E27 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:190826
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