Computational suite of models with heterogeneous agents II: Multi-country real business cycle models

B-Tier
Journal: Journal of Economic Dynamics and Control
Year: 2011
Volume: 35
Issue: 2
Pages: 175-177

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

This paper describes the second model considered in the computational suite project that compares the performance of different numerical algorithms. It is a multi-country model in which countries face different productivity shocks. Solving such models is a challenging numerical problem unless the number of countries is small. The solutions are functions of a large set of arguments and the functional forms are unknown. Moreover, the solution procedures have to deal with high-dimensional integration problems.

Technical Details

RePEc Handle
repec:eee:dyncon:v:35:y:2011:i:2:p:175-177
Journal Field
Macro
Author Count
3
Added to Database
2026-01-25