Exercises in Recursive Macroeconomic Theory

preliminary and incomplete
Stijn Van Nieuwerburgh
Pierre-Olivier Weill
Lars Ljungqvist
Thomas J. Sargent

Introduction

This is a ¯rst version of the solutions to the exercises in Recursive Macroeco-
nomic Therory, First Edition, 2000, MIT press, by Lars Ljungqvist and Thomas J.
Sargent. This solution manuscript is currently only available on the web. We in-
vite the reader to bring typos and other corrections to our attention. Please email
sargent@stanford.edu, poweill@stanford.edu or svnieuwe@stanford.edu.
We will regularly update this manuscript during the following months. Some
questions ask for computations in matlab. The program ¯les can be downloaded
from the ftp site zia.stanford.edu/pub/sargent/rmtex.
The authors, Stanford University, March 15, 2003.

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