Block distributed methods for solving multi-country econometric models.

This paper examines variations on a baseline Fair-Taylor algorithm used to solve multi-country, rational expectations models. One notable feature of these variations is the ability to exploit small-scale distributed processing using a network of workstations or PCs. Using four processors to solve MX-4 (152 endogenous variables), the largest speedup factor relative to Fair-Taylor is 59; for RE-7 (978 endogenous variables) the maximum speedup factor is 12.

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Year of publication:	1995
Authors:	Faust, Jon ; Tryon, Ralph
Institutions:	Federal Reserve Board (Board of Governors of the Federal Reserve System)
Subject:	Econometric models

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Extent:	text/html application/pdf
Series:	International Finance Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 516
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005368333