Reviews this book describes a remarkable collection of basic and advanced tools for the analysis of discretetime dynamical systems, both deterministic and stochastic, that have been usefully applied to the study of economic dynamic models. A unified, comprehensive, and uptodate introduction to the analytical and numerical tools for solving dynamic economic problems. Jianjun miao s book provides a clear and comprehensive introduction to the analytical and numerical methods that make up the language of modern macroeconomic theory. Economic dynamics in discrete time paperback jan 01, 2016. Ceo power, compensation, and governance, with rui albuquerque, annals of economics and finance 14 20, 2157. Journal of economic dynamics and control, forthcoming. Everyday low prices and free delivery on eligible orders. Miao, jianjun and hackbarth, dirk, the dynamics of mergers and acquisitions in oligopolistic industries november 30, 2011.
Pdf economic dynamics in discrete time semantic scholar. Purdue university department of economics, boston university department of economics, federal reserve bank of st. Jianjun miao bu personal websites boston university. Jianjun miaos book provides a clear and comprehensive introduction to the analytical and numerical methods that make up the language of modern macroeconomic theory. Download citation on aug 20, 2015, martin barbie and others published miao, jianjun. This cited by count includes citations to the following articles in scholar. Student solutions manual to accompany economic dynamics in discrete time. This manual includes solutions to the oddnumbered exercises in the second edition of economic dynamics in discrete time. Numerous and frequentlyupdated resource results are available from this search. The dynamics of mergers and acquisitions in oligopolistic. Lars peter hansen is a leading expert in economic dynamics who works at the boundaries of macroeconomics, finance, and econometrics. Oct 10, 2014 buy economic dynamics in discrete time the mit press by miao, jianjun isbn.
Reliable information about the coronavirus covid19 is available from the world health organization current situation, international travel. Miao, jianjun, pengfei wang, and zhiwei xu, 2012, a bayesian dsge model of stock market bubbles and business cycles, working paper, boston university. Dirk hackbarth and jianjun miao, the dynamics of mergers and acquisitions in oligopolistic industries, journal of economic dynamics and control, 36, 4, 585, 2012. Economic dynamics in discrete time paperback jan 01, 2016 miao jianjun. The focus is on introducing recursive methods an important part of every economists set of tools and readers will learn to apply recursive methods to a variety of dynamic economic problems. The book is notable for its combination of theoretical. The focus is on introducing recursive methods an important part of every economists. Professor miao explores the tractable formulation of stochastic models combined with methods for solving and analyzing such models. Sep 12, 2014 economic dynamics in discrete time the mit press miao, jianjun on.
Journal of economic dynamics and control, forthcoming, efa 2007 ljubljana meetings paper. Efficient and lucid in approach, this manual will greatly enhance the value of recursive methods as a text for selfstudy. Economic dynamics in discrete time by jianjun miao, 9780262027618, available at book depository with free delivery worldwide. Journal version old version does calvo meet rotermberg at the zero lower bound. This solutions manual is a companion volume to the classic textbook recursive methods in economic dynamics by nancy l. He is an associate editor at the journal of finance and was an editor in the finance area at the management science.
Please send me emails whenever you have any comments on the book. Pdf recursive methods in economic dynamics download full. Journal of economic dynamics and control 27 2003, 12531288. This manual includes solutions to the oddnumbered exercises in the second edition of economic dynamics in. Miao, wang, and xu 20 and miao, wang, and zha 2014. Download full recursive methods in economic dynamics book in pdf, epub, mobi and all ebook format. Economic dynamics in discrete time by, 9780262325608. The author, jianjun miao, is a wellknown researcher in macro theory and the text, as he writes at the beginning of the book, developed from his. Transitional dynamics of dividend and capital gains tax cuts, nber working papers 16157, national bureau of economic research. The book can be purchased from amazon or barnes and noble. Mart mestieri, jianjun miao, kristoffer nimark, franck portier, and robert ulbricht for many helpful comments and suggestions and to ethan struby for excellent research assistance.
Hyosung kwon, journal of economic dynamics and control 76. Transitional dynamics of dividend and capital gains tax cuts. He has widely published in leading economics, finance, and. Journal of economic dynamics and control 76, 211 231. Economic dynamics in discrete time by jianjun miao economic dynamics in discrete time by jianjun miao pp. In addition, the borrowing constraint in our model di. Economic dynamics in discrete time find, read and cite all the. Mar 05, 2008 miao, jianjun and hackbarth, dirk, the dynamics of mergers and acquisitions in oligopolistic industries november 30, 2011. Journal of economic dynamics and control, forthcoming, efa 2007 ljubljana meetings paper number of pages. What inventories tell us about aggregate fluctuations a tractable approach to s,s policies with pengfei wang and yi wen, 2014, journal of economic and dynamics control. Journal of economic dynamics and control vol 76, pages 1. Louis and university of miami school of business administration. Journal of economic dynamics and control 24, 1405 1423.
It is bound to become a standard reference on the subject. His current collaborative research develops and applies methods for pricing the exposure to macroeconomic shocks over alternative investment horizons and investigates the implications of the pricing of longterm uncertainty. Yue jiang, jianjun miao, zhouxiang shen, dongling su, zhiteng zeng, and fan zhuo 2020 solutions to the oddnumbered exercises in the second edition of economic dynamics in discrete time. Risk, uncertainty, and option exercise, with jianjun miao, journal of economic dynamics and control, 354, 442461, 2011 15. The focus is on introducing recursive methods an important part of every economists set of tools and readers will learn to apply recursive methods to a. Intersectoral linkages, diverse information, and aggregate dynamics in a neoclassical model manoj atoliay florida state university. Economic dynamics in discrete time paperback jan 01. A unified and comprehensive introduction to the analytical and numerical tools for solving dynamic economic problems. Intersectoral linkages, diverse information, and aggregate. Introduction to economic theory of bubbles request pdf.
A bayesian dsge model of stock market bubbles and business cycles with jianjun miao and pengfei wang, 2015, quantitative economics. Journal of economic dynamics and control vol 36, issue 4. Economic growth under money illusion, with danyang xie, journal of economic dynamics and control 37 20, 84103. Gourio, francois and jianjun miao, 2008, firm heterogeneity and the longrun eects of dividend tax reform, forthcoming in american economic journal. Kwon, hyosung and miao, jianjun 2017 three types of robust ramsey problem in a linearquadratic framework. Economic dynamics in discrete time jianjun miao download.
Economic dynamics in discrete time books pics download. The mix of theory, applications, and examples renders it an excellent learning tool. This book offers a unified, comprehensive, and uptodate treatment of analytical and numerical tools for solving dynamic economic problems. From its inception, the journal has tried to stimulate economic research around the world by publishing cutting edge papers in many areas of economics, including econometrics, economic theory, macro, and applied economics. Topics in advanced macroeconomics fall2016 course website.
Jianjun miao, adrian peraltaalva and manuel santos. Buy economic dynamics in discrete time the mit press by miao, jianjun isbn. Optimal capital structure and industry dynamics miao. Jianjun miao this book offers a unified, comprehensive, and uptodate treatment of analytical and numerical tools for solving dynamic economic problems. D92,e22,e62,g31,h32 abstract we develop a dynamic general equilibrium model to study the impact of the 2003 dividend and capital gains tax cuts. Journal version old version the risk of hitting the zero lower bound and the optimal inflation target. Many papers adopt the kiyotaki and moore 1997 collateral constraint, which ensures that the debt. Journal of economic dynamics and control 27 7, 12531288, 2003. Download recursive methods in economic dynamics pdf. Economic dynamics in discrete time paperback jan 01, 2016 miao jianjun maio on.
Economic dynamics in discrete time the mit press miao, jianjun on. Sep 12, 2014 economic dynamics in discrete time by jianjun miao, 9780262027618, available at book depository with free delivery worldwide. Student solutions manual to accompany economic dynamics in. Economic dynamics in discrete time by jianjun miao english 2014 isbn. Economic dynamics in discrete time the mit press jianjun miao on amazon. Oclcs webjunction has pulled together information and resources to assist library staff as they consider how to handle coronavirus. Jianjun miao professor of economics department of economics. Jianjun miao is professor of economics at boston university. This book describes a remarkable and valuable collection of tools for the study of economic dynamics under uncertainty. Their combined citations are counted only for the first. Three types of robust ramsey problems in a linearquadratic framework, with. Neng wang is chong khoon lin professor of real estate and finance at columbia business school and a research associate senior research fellow at the national bureau of economic research nber. Current academic appointments past academic appointments.