GAUSS code for the basic Hansen (1985) model
AbstractThe Hansen(1985) basic model. You may need to adapt the code for calls to external files. To understand the code, a good reading may be: Gary D. Hansen and Edward C. Prescott, Recursive Methods for Computing Equilibria of Business Cycle Models, Chapter 2 in: Thomas F. Cooley (ed.), Frontiers of Business Cycle Research, Princeton University Press, 1995.
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Bibliographic InfoSoftware component provided by Quantitative Macroeconomics & Real Business Cycles in its series QM&RBC Codes with number 7.
Programming language: GAUSS
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Other versions of this item:
- Gary D. Hansen & Edward C. Prescott, 1992. "Recursive methods for computing equilibria of business cycle models," Discussion Paper / Institute for Empirical Macroeconomics 36, Federal Reserve Bank of Minneapolis.
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