A Cluster-Grid Projection Method: Solving Problems with High Dimensionality
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We develop a projection method that can solve dynamic economic models with a large number of state variables. A distinctive feature of our method is that it operates on the ergodic set realized in equilibrium: we simulate a model, distinguish clusters on simulated series and use the clusters'
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美国国家经济研究局创建时间：
2010-05-01
