Search Results - subject:"loglinearization"

Computation of business cycle models : a comparison of numerical methods

Heer, Burkhard; Maußner, Alfred - 2004

method, the log-linearization of the model around the steady state, is found to be most convenient and appropriate for the …

Persistent link: https://www.econbiz.de/10010275772

Computation of Business Cycle Models: A Comparison of Numerical Methods

Heer, Burkhard; Maussner, Alfred - CESifo - 2004

method, the log-linearization of the model around the steady state, is found to be most convenient and appropriate for the …

Persistent link: https://www.econbiz.de/10005765698

Computation of business cycle models : a comparison of numerical methods

Heer, Burkhard; Maußner, Alfred - 2004

method, the log-linearization of the model around the steady state, is found to be most convenient and appropriate for the …

Persistent link: https://www.econbiz.de/10011449266

Approximate Solutions to Dynamic Models - Linear Methods

Uhlig, Harald - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2006

solution method, loglinearization, dynamic stochastic general equilibrium methods, recursive law of motion. JEL codes: C60 … difference between linearization and log-linearization is that entries in x t denote the original variable (e.g. consumption c …. There is no need to choose either linearization or log-linearization for all entries in x t . One may choose to linearize …

Persistent link: https://www.econbiz.de/10005652725

Log-Linearization of Stochastic Economic Models

Stachurski, John - Institute of Economic Research, Kyoto University - 2003

This short note studies formally the common practice of log-linearizing stochastic economic models. We make precise the conditions under which stability of the original model can be inferred from that of the linearized model. A transformation to recover the stochastic equilibrium of the former...

Persistent link: https://www.econbiz.de/10005230779