Second-Order Approximation of Dynamic Models with Time-Varying Risk
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下载链接：
https://www.nber.org/papers/w16633
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资源简介：
This paper provides first and second-order approximation methods for the solution of non-linear dynamic stochastic models in which the exogenous state variables follow conditionally-linear stochastic processes displaying time-varying risk. The first-order approximation is consistent with a
提供机构：
美国国家经济研究局
创建时间：
2010-12-01
