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Second edition - International Growth Centre

Recursive Macroeconomic TheorySecond editionTo our parents, Zabrina, and CarolynRecursive Macroeconomic TheorySecond editionLars LjungqvistStockholm School of EconomicsThomas J. SargentNew York UniversityandHoover InstitutionThe MIT PressCambridge, MassachusettsLondon, Englandc 2004 Massachusetts Institute of TechnologyAll rights reserved. No part of this book may be reproduced inany form by anyelectronic or mechanical means (including photocopying, recording, or informationstorage and retrieval) without permission in writing from the and bound in the United States of of Congress Cataloging-in-Publication DataLjungqvist, macroeconomic theory / Lars Ljungqvist, Thomas J.

Recursive Macroeconomic Theory Second edition Lars Ljungqvist Stockholm School of Economics Thomas J. Sargent New York University and Hoover Institution ... Fiscal Policies in the Growth Model 323 11.1. Introduction. 11.2. Economy. 11.2.1. Preferences, technology, information. 11.2.2. Components of a competitive equilibrium. 11.2.3.

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