Solutions Manual for <i>Recursive Methods in Economic Dynamics</i>

Front Cover
This solutions manual is a companion volume to the classic textbook Recursive Methods in Economic Dynamics by Nancy L. Stokey and Robert E. Lucas. Efficient and lucid in approach, this manual will greatly enhance the value of Recursive Methods as a text for self-study.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

1 Introduction
1
2 An Overview
3
3 Mathematical Preliminaries
20
4 Dynamic Programming under Certainty
42
5 Applications of Dynamic Programming under Certainty
53
6 Deterministic Dynamics
80
7 Measure Theory and Integration
98
8 Markov Processes
131
11 Strong Convergence of Markov Processes
190
12 Weak Convergence of Markov Processes
198
13 Applications of Convergence Results for Markov Processes
212
14 Laws of Large Numbers
234
15 Pareto Optima and Competitive Equilibria
240
16 Applications of Equilibrium Theory
253
17 FixedPoint Arguments
270
18 Equilibria in Systems with Distortions
284

9 Stochastic Dynamic Programming
147
10 Applications of Stochastic Dynamic Programming
171

Other editions - View all

Common terms and phrases

About the author (2009)

Claudio Irigoyen is a graduate student in economics at the University of Chicago.

Mark Wright is Assistant Professor of Economics, University of California, Los Angeles.

Bibliographic information