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Indeterminacy in a log–linearized neoclassical growth model with quasi-geometric discounting
The neoclassical growth model discounts nonlinear model logarithm linear function
2015/7/21
This paper studies the properties of solutions to a log–linearized version of the neoclassical growth model with quasi-geometric discounting. We show that after the log–linearization, the model has in...
A model of unbalanced sectorial growth with application to transition economies
Growth model Increasing returns to scale Agriculture
2015/7/21
A model of unbalanced sectorial growth with application to transition economies.
Solving the incomplete markets model with aggregate uncertainty using the Krusell–Smith algorithm
Dynamic stochastic models Heterogeneous agents Aggregate uncertainty Euler-equation methods Simulations Numerical solutions
2015/7/21
This paper studies the properties of the solution to the heterogeneous agents model in Den Haan et al. [2009. Computational suite of models with heterogeneous agents: incomplete markets and aggregate ...
Solving the multi-country real business cycle model using ergodic set methods
Heterogeneous agents Numerical methods Stochastic simulation Parameterized expectations algorithm Projection Perturbation
2015/7/21
Solving the multi-country real business cycle model using ergodic set methods.
2005 Lecture Series #32
The Swedish Model of Economic Development
Arne Bigsten
Date and Time: November 2, 2005 (Wednesday) 2:00-3:30pmPlace: CCER Wanzhonglou Small Lecture HallWorking Language: Eng...