| Authors |
|
| Publication date |
2011
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| Journal |
Journal of Economic Dynamics & Control
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| Volume | Issue number |
35 | 2
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| Pages (from-to) |
175-177
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| Organisations |
-
Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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| Abstract |
This paper describes the second model considered in the computational suite project that compares the performance of different numerical algorithms. It is a multi-country model in which countries face different productivity shocks. Solving such models is a challenging numerical problem unless the number of countries is small. The solutions are functions of a large set of arguments and the functional forms are unknown. Moreover, the solution procedures have to deal with high-dimensional integration problems.
|
| Document type |
Article
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| Language |
English
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| Published at |
https://doi.org/10.1016/j.jedc.2010.09.010
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