Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/79154
Authors: 
Schmitt-Grohé, Stephanie
Uribe, Martín
Year of Publication: 
2001
Series/Report no.: 
Working Papers, Department of Economics, Rutgers, The State University of New Jersey 2001,06
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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