Approximation errors of perturbation methods in solving a class of dynamic stochastic general equilibrium models

DOI10.1007/s10614-011-9265-zzbMath1231.91312OpenAlexW2019908329MaRDI QIDQ719017

Xuan Liu, Zhiwei Cui

Publication date: 27 September 2011

Published in: Computational Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10614-011-9265-z

zbMATH Keywords

perturbation methodapproximation errorLucas distributions

Mathematics Subject Classification ID

Dynamic stochastic general equilibrium theory (91B51)

Cites Work

• Unnamed Item
• Solving dynamic general equilibrium models using a second-order approximation to the policy function
• Solving asset pricing models with Gaussian shocks
• Accuracy of stochastic perturbation methods: The case of asset pricing models

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