Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10001863694
Persistent link: https://www.econbiz.de/10003780918
We describe an algorithm for calculating second order approximations to the solutions to nonlinear stochastic rational expectation models. The paper also explains methods for using such an approximate solution to generate forecasts, simulated time paths for the model, and evaluations of expected...
Persistent link: https://www.econbiz.de/10014073958