Second-order approximation of dynamic models without the use of tensors

DOI10.1016/J.JEDC.2010.10.006zbMath1209.91111OpenAlexW2131628385MaRDI QIDQ631258

Paul Gomme, Paul Klein

Publication date: 22 March 2011

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2010.10.006

zbMATH Keywords

second-order approximationsolving dynamic models

Mathematics Subject Classification ID

Software, source code, etc. for problems pertaining to game theory, economics, and finance (91-04) Economic dynamics (91B55)

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Uses Software

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• Uhlig Toolkit
• Gensys

Cites Work

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• Computing second-order-accurate solutions for rational expectation models using linear solution methods
• Algorithms and economic dynamics. Selected papers from the 2nd annual meeting of the Society for Computational Economics, Geneva, Switzerland, 1996
• Using the generalized Schur form to solve a multivariate linear rational expectations model
• Solving linear rational expectations models
• Solving dynamic equilibrium models by a method of undetermined coefficients
• System reduction and solution algorithms for singular linear difference systems under rational expectations
• Production, growth and business cycles: Technical appendix
• Solving SDGE models: a new algorithm for the Sylvester equation
• Calculating and using second-order accurate solutions of discrete time dynamic equilibrium models
• The Solution of Linear Difference Models under Rational Expectations
• Quadrature-Based Methods for Obtaining Approximate Solutions to Nonlinear Asset Pricing Models

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