Nancy L. Stokey

Not that I've plowed through the whole thing - anything but - but it seems well carried out by three very capable researchers in Macro.
But there is something about this book that puzzles me: Whenever you mention this book among economists, people say, "Yup, that (i.e., the kind of recursive modelling treated in this book) is the way the field's moving." The only thing is, I don't actually see that. Have the people who say such things been reading the Macro journals lately?! I can't even show more remember the last time I saw a dynamic programming problem in a published paper! Now maybe this is just because my interests are learning and expectations, where we don't use these techniques. Where are people using this stuff? In growth theory? In simulations of DSGE models? Not at all? I'm just curious. If any economists read this and know the answer, drop me a line. show less