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  • Search: subject:"multi-dimensional stable manifolds"
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Subject
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continuous time growth models 1 multi-dimensional stable manifolds 1 saddle-point problems 1 transitional dynamics 1
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Free 1
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Book / Working Paper 1
Language
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English 1
Author
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Koch, Karl-Josef 1 Steger, Thomas 1 Trimborn, Timo 1
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CESifo 1
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CESifo Working Paper Series 1
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RePEc 1
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Multi-Dimensional Transitional Dynamics: A Simple Numberical Procedure
Trimborn, Timo; Koch, Karl-Josef; Steger, Thomas - CESifo - 2006
We propose the relaxation algorithm as a simple and powerful method for simulating the transition process in growth models. This method has a number of important advantages: (1 It can easily deal with a wide range of dynamic systems including stiff differential equations and systems giving rise...
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