On stochastic simulation of forward-looking models

DOI10.1023/B:CSEM.0000049452.14102.BCMaRDI QIDQ1768388zbMATH OpenOpenAlexFDO

Authors Dag Olaf Kolsrud

Publication date 15 March 2005

Published in Computational Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1023/b:csem.0000049452.14102.bc

zbMATH Keywords

rational expectationsstochastic simulationparameter uncertaintysimultaneous equation system

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Stochastic processes (60G99)

Recommendations

• A recursive forward simulation method for solving nonlinear rational expectations models
• A recursive forward simulation method for solving nonlinear rational expectations models
• A higher-order Taylor approach to simulation of stochastic forward-looking models with an application to a nonlinear Phillips curve model
• A robust method for simulating forward-looking models
• scientific article; zbMATH DE number 3976178

Cited in

(7)

• Stochastic ceteris paribus simulations
• A recursive forward simulation method for solving nonlinear rational expectations models
• scientific article; zbMATH DE number 3976178 (Why is no real title available?)
• scientific article; zbMATH DE number 4051304 (Why is no real title available?)
• A higher-order Taylor approach to simulation of stochastic forward-looking models with an application to a nonlinear Phillips curve model
• A note on simulating unbiased heterogeneous expectations
• Efficient solution techniques for linear and nonlinear rational expectations models

This page was built for publication: On stochastic simulation of forward-looking models

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1768388)