Caldara, Dario; Fernández-Villaverde, Jesús; … - Federal Reserve Board (Board of Governors of the … - 2012
This paper compares different solution methods for computing the equilibrium of dynamic stochastic general equilibrium (DSGE) models with recursive preferences such as those in Epstein and Zin (1989 and 1991) and stochastic volatility. Models with these two features have recently become popular,...