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Tesi etd-08062013-130304


Tipo di tesi
Tesi di laurea magistrale
Autore
MORESCALCHI, FEDERICO
URN
etd-08062013-130304
Titolo
Mathematical and Computational Aspects of Dynamic Macroeconomic Models
Dipartimento
ECONOMIA E MANAGEMENT
Corso di studi
SCIENZE ECONOMICHE
Relatori
relatore Sodini, Mauro
Parole chiave
  • Solow
  • Recursive Methods
  • Representative Agent
  • Stochastic
  • Fiscal Policy
  • Impulse Response Functions
  • Log Linear
  • DSGE
  • Dynamic
  • Bellman equation
  • Lagrange function
  • Optimization
  • Rational Expectations
  • Numerical Methods
Data inizio appello
10/10/2013
Consultabilità
Parziale
Data di rilascio
10/10/2053
Riassunto
The aim of this work is to provide a twofold approach to dynamic Macroeconomics: we present the economic theory behind the models and, moreover, we show the techniques necessary to numerically solve them (when closed form solutions are not obtainable) and to compute (in the case of DSGE models) the impulse response functions in presence of fiscal policy shocks. In almost all the models we assume that the behaviour of the society as a whole can be represented by that of a single representative agent, a strong assumption which is often criticized. Furthermore, in the last part of the thesis we provide a basic abstract of the main critiques to this hypothesis. The work is suitable for economists, basically because the mathematics applied is kept as simple as possible.
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