Solving a non-linear model: The importance of model specification for deriving a suitable solution

DOI10.1016/J.MATCOM.2008.04.010zbMATH Open1168.91456OpenAlexW2001160965MaRDI QIDQ834306FDOQ834306

Authors: Ric D. Herbert, Peter J. Stemp 

Publication date: 19 August 2009

Published in: Mathematics and Computers in Simulation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.matcom.2008.04.010

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zbMATH Keywords

macroeconomicscomputational techniquesforward-shootingreverse-shooting

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• The Solution of Linear Difference Models under Rational Expectations
• The Stability of Models of Money and Growth with Perfect Foresight
• Assessing two common approaches for solving models with saddle-path instabilities
• Solving non-linear models with saddle-path instabilities
• Comparing different approaches for solving optimizing models with significant nonlinearities

Cited In (6)

• Solving non-linear models with saddle-path instabilities
• Comparing different approaches for solving optimizing models with significant nonlinearities
• Solving the dynamics of a representative agent macro-economic model
• Smart forward shooting
• Reverse shooting made easy: Automating the search for the global nonlinear saddle path
• Assessing two common approaches for solving models with saddle-path instabilities

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