Solving Dynamic Equilibrium Models by a Method of Undetermined Coefficients

被引：42

作者：

Christiano L.J. ^{[1
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机构：

[1] Federal Reserve Bank of Chicago, Northwestern University

来源：

Computational Economics | 2002年 / Kluwer Academic Publishers卷 / 20期

基金：

美国国家科学基金会;

关键词：

Euler equation; expectational difference equations; frequency domain; matrix polynomial; real business cycle model; time-to-build;

D O I：

10.1023/A:1020534927853

中图分类号：

学科分类号：

摘要：

I present an undetermined coefficients method for obtaining a linearapproximating to the solution of a class of dynamic, rational expectationsmodels. I also show how that solution can be used to compute a model'simplications for impulse response functions and for second moments. © 2002 Kluwer Academic Publishers.

引用

页码：21 / 55

页数：34

共 33 条

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