Sumru Altug - Asset Pricing for Dynamic Economies

Sumru Altug – Asset Pricing for Dynamic Economies
15
Jul
$15.00

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Sumru Altug – Asset Pricing for Dynamic Economies

Sumru Altug - Asset Pricing for Dynamic Economies

Sumru Altug – Asset Pricing for Dynamic Economies

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Description

This introduction to general equilibrium modeling takes an integrated approach to the analysis of macroeconomics and finance. It provides students, practitioners, and policymakers with an easily accessible set of tools that can be used to analyze a wide range of economic phenomena. Key features: • Provides a consistent framework for understanding dynamic economic models • Introduces key concepts in finance in a discrete time setting • Develops simple recursive approach for analyzing a variety of problems in a dynamic, stochastic environment • Sequentially builds up the analysis of consumption, production.

About the Author

Sumru Altug is Professor of Economics at Koç University, Istanbul, and Research Fellow on the International Macroeconomics Program at the Center for Economic Policy Research (CEPR), London.

Pamela Labadie is Professor of Economics at George Washington University, Washington DC.

Financial Development Course

Financial development means some improvements in producing information about possible investments and allocating capital, monitoring firms and exerting corporate governance, trading, diversification, and management of risk, mobilization and pooling of savings, easing the exchange of goods and services.

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