Titlebook: Dynamic Macroeconomic Models in Emerging Market Economies; DSGE Modelling with Daniel Lukui Jia Book 2020 The Editor(s) (if applicable) an

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Traditional Dynamic Macroeconomic ModelsIn this chapter, we derive the traditional dynamic model (RBC/DSGE model) from its origin—the Solow model. This chapter consists of two frameworks: the Solow model and the stochastic (RBC) models. Moreover, early attempts to introduce money into the RBC/DSGE models are demonstrated in the third section of this chapter.

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Daniel Lukui JiaSummarizes the evolution of modern macroeconomics (New Consensus Macroeconomics, NCM).Proposes a new approach to theoretical and empirical analysis, which is based on a recently developed dynamic stoc

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https://doi.org/10.1007/978-981-15-4588-7Dynamic Macroeconomic Model; Emerging Market Economies; Financial and Housing Markets; NKM-DSGE Models;

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