{"title":"Stephen J Turnovsky","description":null,"products":[{"product_id":"methods-of-macroeconomic-dynamics-book-stephen-j-turnovsky-9780262200981","title":"Methods of Macroeconomic Dynamics","description":null,"brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49609531982097,"sku":"GOR009257343","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262200988.gif?v=1751227574"},{"product_id":"methods-of-macroeconomic-dynamics-book-stephen-j-turnovsky-9780262201230","title":"Methods of Macroeconomic Dynamics","description":"Just as macroeconomic models describe the overall economy within a changing, or dynamic, framework, the models themselves change over time. In this text Stephen J. Turnovsky reviews in depth several early models as well as a representation of more recent models. They include traditional (backward-looking) models, linear rational expectations (future-looking) models, intertemporal optimization models, endogenous growth models, and continuous time stochastic models. The author uses examples from both closed and open economies. Whereas others commonly introduce models in a closed context, tacking on a brief discussion of the model in an open economy, Turnovsky integrates the two perspectives throughout to reflect the increasingly international outlook of the field. This new edition has been extensively revised. It contains a new chapter on optimal monetary and fiscal policy, and the coverage of growth theory has been expanded substantially. The range of growth models considered has been extended, with particular attention devoted to transitional dynamics and nonscale growth. The book includes cutting-edge research and unpublished data, including much of the author's own work.","brand":"WoB","offers":[{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50346331341073,"sku":"CIN0262201232VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0262201232.jpg?v=1750877451"},{"product_id":"macroeconomic-analysis-and-stabilization-policy-book-stephen-j-turnovsky-9780521215206","title":"Macroeconomic Analysis and Stabilization Policy","description":"The main focus of this book, first published in 1977, is the construction and analysis of an integrated macroeconomic model. In this exercise, four main aspects are stressed that has not previously received adequate textbook attention. The 'intrinsic dynamics' of the macroeconomic system are emphasized, as well as developments in inflation theory, particularly pertaining to the role of inflationary expectations. In addition, several chapters are devoted to the international aspects of macroeconomics, and their thorough coverage makes this book especially relevant to countries that are heavily dependant on international trade. Several aspects of stabilization policy are also discussed in detail, and an introduction to optimal stabilization theory is also provided. The book is appropriate to advanced undergraduate and postgraduate courses in macroeconomics.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":50555422048529,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ WELL_READ \/ INTERNAL","offer_id":50555423162641,"sku":"GOR013996281","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/052121520X.jpg?v=1751229795"},{"product_id":"capital-accumulation-and-economic-growth-in-a-small-open-economy-book-stephen-j-turnovsky-9780521764759","title":"Capital Accumulation and Economic Growth in a Small Open Economy","description":"Economic growth is an issue of primary concern to policy makers in both developed and developing economies. As a consequence, growth theory has long occupied a central role in economics. In this book, renowned growth theorist Stephen J. 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In the third and final part, the author applies the growth model to the issue of foreign aid, focusing specifically on whether aid should be untied or tied to the accumulation of public capital.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51003215773969,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51003219869969,"sku":"NIN9780521764759","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52472426725649,"sku":"NLS9780521764759","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0521764750.jpg?v=1751359345"},{"product_id":"macroeconomic-analysis-and-stabilization-policy-book-stephen-j-turnovsky-9780521291873","title":"Macroeconomic Analysis and Stabilization Policy","description":"The main focus of this book, first published in 1977, is the construction and analysis of an integrated macroeconomic model. 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The book comprises three parts, beginning with models where the only intertemporally viable equilibrium is one in which the economy is always on its balanced growth path. Empirical evidence suggests relatively slow speeds of convergence so the second part of the book looks at several alternative ways in which transitional dynamics may be introduced. In the third and final part, the author applies the growth model to the issue of foreign aid, focusing specifically on whether aid should be untied or tied to the accumulation of public capital.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52435148603665,"sku":"NLS9780521187527","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780521187527.jpg?v=1759182663"}],"url":"https:\/\/www.worldofbooks.com\/en-gb\/collections\/author-books-by-stephen-j-turnovsky.oembed","provider":"World of Books ","version":"1.0","type":"link"}