Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function
收藏NBER2002-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/t0282
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资源简介：
This paper derives a second-order approximation to the solution of a general class of discrete- time rational expectations models. The main theoretical contribution of the paper is to show that for any model belonging to the general class considered, the coefficients on the terms linear and
提供机构：
美国国家经济研究局
创建时间：
2002-10-01
