Optimal Control and Stochastic Simulation of Large Nonlinear Models with Rational Expectations

This paper presents a computationally fesible procedure for the optimalcontrol and stochastic simulation of large nonlinear models with rationalexpectations under the assumption of certainty equivalence. Copyright Kluwer Academic Publishers 2003

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Year of publication:	2003
Authors:	Fair, Ray
Published in:	Computational Economics. - Society for Computational Economics - SCE, ISSN 0927-7099. - Vol. 21.2003, 3, p. 245-256
Publisher:	Society for Computational Economics - SCE
Subject:	optimal control \| stochastic simulation \| rational expectations

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005542311