Bøker i Economic Theory, Econometrics, and Mathematical Economics-serien

Focuses on two key components of microeconomics - optimization subject to constraints and the development of comparative statics. The book assumes familiarity with calculus of one variable and basic linear algebra, allowing coverage of additional topics like the chain rule and Taylor's theorem.

An econometric estimator is a solution to an optimization problem. This book provides the tools and concepts necessary to study the behavior of econometric estimators and test statistics in large samples.

A timely work which represents a major reappraisal of business cycle theory. It revives, with the help of modern analytical techniques, an old theme of Keynesian macroeconomics, namely that market psychology (i.e., volatile expectations) may be a significant cause of economic fluctuations. It is of interest not only to economists, but also to mathematicians and physicists.

Include chapters such as: The Consumption Function, Government Debt and Taxes, and Dynamic Optimal Taxation. This book also features chapters dealing with difference equations, stochastic difference equations, and investment under uncertainty.

This manual presents solutions to problems contained in Thomas Sargent's Macroeconomic Theory 2/e. The exercises not only illustrate the theoretical foundations of macroeconomic research but also treat issues and problems from the recent literature.

Describes the major techniques of forecasting used in economics and business. This book focuses on the forecasting of economic data and covers a range of topics, including the description of the Box-Jenkins single series modeling techniques; forecasts from purely statistical and econometric models; nonstationary and nonlinear models; and more.

The formal theory of bargaining originated with John Nash's work in the early 1950s. This book discusses the developments in this theory. It uses the tool of extensive games to construct theories of bargaining in which time is modeled explicitly, and also applies the theory of bargaining to the study of decentralized markets.

Synthesizes debates between analysts and academics. This work covers subjects such as risk management, diversification and hedging strategies, deviations from market efficiency, and exchange rates. It includes features that: deal with increased interest in the globalization of financial markets; cover managing and hedging risks; and more.

Describes the major techniques of forecasting used in economics and business. This book focuses on the forecasting of economic data and covers a range of topics, including the description of the Box-Jenkins single series modeling techniques; forecasts from purely statistical and econometric models; nonstationary and nonlinear models; and more.

This is an introduction to the theory of security markets, dealing principally with the allocational role and valuation of financial securities in a competitive setting.