Solving a saddlepath unstable model with complex-valued eigenvalues
This paper investigates the success of the well-known reverse-shooting and forward-shooting algorithms in finding stable solutions for linear macroeconomic models that both possess the particular property known as saddle-path instabiity and also have highly cyclic dynamic properties. It is anticipat...
Հիմնական հեղինակներ: | , |
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Ձևաչափ: | Working paper |
Հրապարակվել է: |
University of Oxford
2003
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Solving a Saddlepath Unstable Model with Complex-Valued Eigenvalues.
Հրապարակվել է 2003
Working paper