An Application of Nonstationary Iterative Methods for Solving a Multi-Country Model with Rational Expectations

In this paper we present an implementation of a Newton method based on iterative Krylov subspace methods such as GMRES, QMR and BiCGSTAB for solving large nonlinear macroeconometric models. These methods are tested for the solution of the model MULTIMOD and the computational costs of the different techniques are compared together with a sparse direct method.

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Authors:	Gilli, Manfred ; Pauletto, Giorgio
Institutions:	Society for Computational Economics - SCE

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Extent:	application/postscript
Series:	Computing in Economics and Finance 1996.
Type of publication:	Book / Working Paper
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005537530