Comparing solution methods for dynamic equilibrium economies

From MaRDI portal
Publication:959687

DOI10.1016/j.jedc.2005.07.008zbMath1162.91468OpenAlexW3125535351MaRDI QIDQ959687

S. Borağan Aruoba, Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramıŕez

Publication date: 12 December 2008

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

Full work available at URL: https://economics.sas.upenn.edu/sites/default/files/filevault/working-papers/04-003.pdf




Related Items (53)

Ruling out multiplicity of smooth equilibria in dynamic games: a hyperbolic discounting exampleBayesian Analysis of DSGE ModelsA method for solving general equilibrium models with incomplete markets and many financial assetsFifth-order perturbation solution to DSGE modelsThe uncertainty multiplier and business cyclesThree types of robust Ramsey problems in a linear-quadratic frameworkSolving endogenous regime switching modelsAgent based-stock flow consistent macroeconomics: towards a benchmark modelEnvelope condition method with an application to default risk modelsSolving an incomplete markets model with a large cross-section of agentsUsing nonlinear model predictive control for dynamic decision problems in economicsA comparison of programming languages in macroeconomicsNear unit root small open economiesTRANSFORMED POLYNOMIALS FOR NONLINEAR AUTOREGRESSIVE MODELS OF THE CONDITIONAL MEANHow misleading is linearization? Evaluating the dynamics of the neoclassical growth modelEuro area inflation persistence in an estimated nonlinear DSGE modelAsset pricing implications of a New Keynesian modelThe method of endogenous gridpoints with occasionally binding constraints among endogenous variablesTime-consistent control in nonlinear modelsPerturbation solution and welfare costs of business cycles in DSGE modelsDEEP EQUILIBRIUM NETSTapping the supercomputer under your desk: solving dynamic equilibrium models with graphics processorsA simple but powerful simulated certainty equivalent approximation method for dynamic stochastic problemsMulti-country real business cycle models: accuracy tests and test benchComparison of solutions to the multi-country real business cycle modelSolving the multi-country real business cycle model using a monomial rule Galerkin methodA hardware approach to value function iterationNumerical solution of dynamic quantile modelsSemi-global solutions to DSGE models: perturbation around a deterministic pathComputational methods for production-based asset pricing models with recursive utilityEnvelope condition method versus endogenous grid method for solving dynamic programming problemsContinuous state dynamic programming via nonexpansive approximationStationary bubble equilibria in rational expectation modelsOn the uniqueness of solutions to rational expectations modelsNumerical solution of dynamic equilibrium models under Poisson uncertaintySolving DSGE models with a nonlinear moving averageSecond-order approximation of dynamic models with time-varying riskSecond-, third-, and higher-order consumption functions: a precautionary taleVolatility and welfareSolving DSGE portfolio choice models with dispersed private informationSmolyak method for solving dynamic economic models: Lagrange interpolation, anisotropic grid and adaptive domainSolving DSGE models with perturbation methods and a change of variablesGlobal stochastic properties of dynamic models and their linear approximationsFinite elements in the presence of occasionally binding constraintsA new algorithm for solving dynamic stochastic macroeconomic modelsAn approximate consumption functionWealth distribution and aggregate time-preference: Markov-perfect equilibria in a Ramsey economyCOMPUTATION OF BUSINESS CYCLE MODELS: A COMPARISON OF NUMERICAL METHODSRisk matters: breaking certainty equivalence in linear approximationsA generalization of the endogenous grid methodBAYESIAN INFERENCE BASED ONLY ON SIMULATED LIKELIHOOD: PARTICLE FILTER ANALYSIS OF DYNAMIC ECONOMIC MODELSPerturbations in DSGE models: an odd derivatives theoremEstimating dynamic equilibrium models with stochastic volatility


Uses Software


Cites Work


This page was built for publication: Comparing solution methods for dynamic equilibrium economies