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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

Author

Listed:
  • Jackson, Emerson Abraham

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.

Suggested Citation

  • Jackson, Emerson Abraham, 2018. "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," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 6(1), pages 284-289.
    • Handle: RePEc:zbw:espost:190826
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    File URL: https://www.econstor.eu/bitstream/10419/190826/1/EAJ-ANUJAT.pdf
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    Citations

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    Cited by:

    1. Jackson, Emerson Abraham, 2020. "Economics of Technology Innovation for Sustainable Growth – With reference to Sub-Saharan Africa (SSA)," MPRA Paper 101787, University Library of Munich, Germany, revised 27 May 2020.
    2. Jackson, Emerson Abraham, 2020. "Fostering Sustainable Innovation through Creative Destruction Theory," MPRA Paper 102174, University Library of Munich, Germany, revised 21 Mar 2020.
    3. Jackson, Emerson Abraham, 2019. "Informal Employment," MPRA Paper 97902, University Library of Munich, Germany, revised 02 Dec 2019.
    4. Barrie, Mohamed Samba & Jackson, Emerson Abraham, 2022. "Impact of Technological Shock on the Sierra Leone Economy: A Dynamic Stochastic General Equilibrium (DSGE) Approach," MPRA Paper 113636, University Library of Munich, Germany, revised 10 Jun 2022.

    More about this item

    Keywords

    DSGE; Macroeconomic Modelling;

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications

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