Solving RE models for dummies

This paper illustrates using a very simple model that admits a close form solution that takes risk into account how to apply the existing numerical methods in a very simple way. Contrary to most existing models to teach solution methods, this model possesses non trivial properties as far as risk is concerned and the simension of the state space is concerned

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Year of publication:	2005-11-11
Authors:	Fève, Patrick ; Collard, Fabrice
Institutions:	Society for Computational Economics - SCE

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Series:	Computing in Economics and Finance 2005.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Computing in Economics and Finance 2005 Number 446
Classification:	C0 - Mathematical and Quantitative Methods. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005537506