The Pruned State-Space System for Non-Linear DSGE Models: Theory and Empirical Applications

DOI10.1093/restud/rdx037zbMath1405.91361OpenAlexW2923803554MaRDI QIDQ4610868

Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramıŕez, Martin Møller Andreasen

Publication date: 23 January 2019

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://pure.au.dk/ws/files/164671840/Andreasen_2018_The_pruned_state_space_system_for_non_linear_dsge_models.pdf

zbMATH Keywords

yield curveEpstein-Zin preferencesfeedback-effects from long-term bondshigher-order perturbation approximation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Derivative securities (option pricing, hedging, etc.) (91G20) Dynamic stochastic general equilibrium theory (91B51)

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