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Estimating Dynamic Equilibrium Economies: Linear and Nonlinear Likelihood

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Author Info
Jesus Fernandez-Villaverde
Juan F. Rubio-Ramirez

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Abstract

This paper compares the effects of estimating dynamic equilibrium economies using a linearized version of the model versus using the a nonlinear solution

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Publisher Info
Paper provided by Society for Economic Dynamics in its series 2004 Meeting Papers with number 59.

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Date of creation: 2004
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Handle: RePEc:red:sed004:59

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Postal: Society for Economic Dynamics Anne Stubing CV Starr Center for Applied Economics 269 Mercer Street, Room 303 New York University New York, NY 10003
Fax: 1-860-486-4463
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Web page: http://www.EconomicDynamics.org/society.htm
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Related research
Keywords: Econometrics Simulation Methods

Find related papers by JEL classification:
C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods
C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Statistical Simulation Methods

Cited by:
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  1. Linnea Polgreen & Pedro Silos, 2006. "Crude substitution: the cyclical dynamics of oil prices and the college premium," Working Paper 2006-14, Federal Reserve Bank of Atlanta. [Downloadable!]
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This page was last updated on 2008-9-30.


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