English, Article, Journal or magazine article edition: How well do linear approximation methods work? results for suboptimal dynamic equilibria Michael Dotsey; Ching-Sheng Mao

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/74845
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • How well do linear approximation methods work? results for suboptimal dynamic equilibria
Author
  • Michael Dotsey
  • Ching-Sheng Mao
Physical Description
  • preprint
Notes
  • Real business cycle models have recently been applied to settings in which equilibria are suboptimal. In most models the solutions are approximated using some type of linearization with little attention being given to the accuracy of the approximation. In this paper we investigate three different approximation methods in the context of a neoclassical model with a production tax and compare their solutions with solutions obtained from a discrete state space solution to the Euler equations of the model.
  • Business cycles
  • RePEc:fip:fedrwp:90-11
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment