Investment 1: Model with internal adjustment costs (Berkeley PhD)

Описание к видео Investment 1: Model with internal adjustment costs (Berkeley PhD)

This is the first video of the series dedicated to the theory of Investment. This is part of the standard materials tought in any Econ PhD 1st year Macro sequence. Here I introduce the marginal q, which is very important to understand how investment fluctuates. This video is based on David Romer's graduate textbook "Advanced Macroeconomics", and in Romer's own lectures for Fall 2013.

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