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This note describes an algorithm for the solution of rational expectations models with saddlepoint stability properties. The algorithm is based on the method of multiple shooting, which is widely used to solve mathematically similar problems in the physical sciences. Potential applications to...
Persistent link: https://www.econbiz.de/10012477968
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This note describes an algorithm for the solution of rational expectations models with saddlepoint stability properties. The algorithm is based on the method of multiple shooting, which is widely used to solve mathematically similar problems in the physical sciences. Potential applications to...
Persistent link: https://www.econbiz.de/10005832276
Persistent link: https://www.econbiz.de/10000861334
Persistent link: https://www.econbiz.de/10009569916
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