Computing DSGE Models with Recursive Preferences and Stochastic Volatility

B-Tier
Journal: Review of Economic Dynamics
Year: 2012
Volume: 15
Issue: 2
Pages: 188-206

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper compares different solution methods for computing the equilibrium of dynamic stochastic general equilibrium (DSGE) models with recursive preferences such as those in Epstein and Zin (1989 and 1991) and stochastic volatility. Models with these two features have recently become popular, but we know little about the best ways to implement them numerically. To fill this gap, we solve the stochastic neoclassical growth model with recursive

Technical Details

RePEc Handle
repec:red:issued:11-123
Journal Field
Macro
Author Count
4
Added to Database
2026-01-25