This book investigates the theoretical and empirical challenges of integrating intertemporal considerations into macroeconomic models. It examines how economic agents make decisions across time, considering factors such as consumption, saving, investment, and government policy. The work delves into the complexities of dynamic general equilibrium models and their application to understanding long-run economic growth and stability.

The book is likely regarded as a specialized academic text for advanced students and researchers in macroeconomics. Its focus on intertemporal aspects suggests a rigorous treatment of dynamic economic theory. The subject matter points to a dense, specialist text aimed at those with a strong foundation in economic principles.