Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. The second edition contains...

Intro -- Contents -- Acknowledgements -- Preface to the second edition -- Part I: The imperialism of recursive methods -- 1. Overview -- Part II: Tools -- 2. Time Series -- 3. Dynamic Programming -- 4. Practical Dynamic Programming -- 5. Linear Quadratic Dynamic Programming -- 6. Search,...

Beta regression - an increasingly popular approach for modeling rates and proportions - is extended in various directions: (a) bias correction/reduction of the maximum likelihood estimator, (b) beta regression tree models by means of recursive partitioning, (c) latent class beta regression by...