Recursive methods for computing equilibria of business cycle models
Basic model with money, cash-in-advance constraint. 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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|Date of creation:||1992|
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|Publication status:||Published in Frontiers of business cycle research (1995, pp. 39-64) ; Equilibrium growth theories (1991, pp. 124-138)|
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- Hansen, Gary D., 1985.
"Indivisible labor and the business cycle,"
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250, David K. Levine.
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"Time to Build and Aggregate Fluctuations,"
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- Finn E. Kydland & Edward C. Prescott, 1982. "Web interface for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4a, Quantitative Macroeconomics & Real Business Cycles.
- Finn E. Kydland & Edward C. Prescott, 1982. "Executable program for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4, Quantitative Macroeconomics & Real Business Cycles.
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"Straight time and overtime in equilibrium,"
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- Greenwood, J. & Huffman, G., 1991.
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UWO Department of Economics Working Papers
9103, University of Western Ontario, Department of Economics.
- Greenwood, Jeremy & Huffman, Gregory W., 1991. "Tax analysis in a real-business-cycle model : On measuring Harberger triangles and Okun gaps," Journal of Monetary Economics, Elsevier, vol. 27(2), pages 167-190, April.
- Jeremy Greenwood & Gregory W. Huffman, 1991. "Tax analysis in a real business cycle model: on measuring Harberger triangles and Okun gaps," Staff Report 138, Federal Reserve Bank of Minneapolis.
- Greenwood, Jeremy & Hercowitz, Zvi & Huffman, Gregory W, 1988. "Investment, Capacity Utilization, and the Real Business Cycle," American Economic Review, American Economic Association, vol. 78(3), pages 402-17, June.
- Boldrin, Michele & Montrucchio, Luigi, 1986. "On the indeterminacy of capital accumulation paths," Journal of Economic Theory, Elsevier, vol. 40(1), pages 26-39, October.
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