GAUSS code for solving for the decision rules using a Ricatti Equation approach
There are three programmes which solve for the decision rules using a quadratic approximation of the value function. You can find a description of this technique in Hansen and Prescott's chapter in the Cooley volume. 1) PROG1.E - formulating your model and solving for the decision rules. 2) PROG2.E - computing impulse responses. 3) PROG3.E - stochastic simulation of the model.
|Date of creation:||Jan 1994|
|Date of revision:|
|Contact details of provider:|| Postal: P.O. Box 442, St. Louis, MO 63166|
Web page: http://dge.repec.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:dge:qmrbcd:105. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann)
If references are entirely missing, you can add them using this form.