Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/79154 
Year of Publication: 
2001
Series/Report no.: 
Working Paper No. 2001-06
Publisher: 
Rutgers University, Department of Economics, New Brunswick, NJ
Abstract: 
This paper derives a second-order approximation to the solution of rational expectations, dynamic, general equilibrium models. To illustrate its applicability, the method is used to solve the dynamics of a simple neoclassical model. The paper closes with a brief description of a set of MATLAB programs designed to implement the method.
Subjects: 
Perturbation Method
Second Order Approximation
Solving Dynamic General Equilibrium Models
JEL: 
C63
E0
Document Type: 
Working Paper

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