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...
| Main Authors: | , |
|---|---|
| 格式: | Working paper |
| 出版: |
University of Oxford
2003
|
Search Result 1
