DSGE Models for Real Business Cycle and New Keynesian Macroeconomics: Theoretical Methods and Numerical Solutions with DYNARE

This textbook introduces graduate and upper undergraduate students to Dynamic Shastic General Equilibrium (DSGE) models. As DSGE models become integral in advanced coursework, this book serves as an invaluable guide, explaining the complexities with a methodological red thread across its five chapters. Starting with the shastic dynamic models of the Real Business Cycle (RBC) and progressing through the field of New Keynesian Macroeconomics (NKE), it employs DSGE models to shed light on the ...