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Get this from a library! Recursive methods in economic dynamics. [Nancy L Stokey; Robert E Lucas, Jr.; Edward C Prescott] -- Develops the basic methods of Download full text in PDFDownload Sensitivity analysis of multisector optimal economic dynamics We provide sufficient conditions for the value function to be monotone and supermodular, and for the extremal optimal policies to be monotone N. Stokey, R. Lucas, E. PrescottRecursive methods in economic dynamics. We present general recursive methods to handle environments where privately observed variables Recursive Methods in Economic Dynamics, Harvard Univ. A. Abraham, N. PavoniEfficient allocations with moral hazard and hidden borrowing and lending: A recursive formulation. Review of Economic Dynamics, This is the homepage for Economic Dynamics: Theory and Computation, are fairly similar to those found in “Recursive Methods in Economic Dynamics” by from the book and their MATLAB equivalents can be downloaded from Github. In this type of models, recursive methods are widely used to com- pute equilibria stationary distribution of the state space of the economy in the following way. Recursive economics is a branch of modern economics based on a paradigm of individuals The dynamics of recursive models can sometimes also be studied as Bellman described possible applications of the method in a variety of fields, including Economics, Create a book · Download as PDF · Printable version