All Questions
Tagged with dsge optimization
3 questions
1
vote
0
answers
61
views
Durable goods in a (two sector) necolassical growth model
i want to add a firm to a neoclassical growth model that produces a durable good which it rents out in each period to the consumers.
Right now i'm using the following approach:
The firm maximizes: $\...
- 11
5
votes
1
answer
261
views
What are the assumptions made about fixed points in the dynamics equations of Recursive macroeconomics?
I am new to Macroeconomics, but I understand the basics of Recursive Macroeconomic models--following the Ljungqvist and Sargent book. So I get the basic recursive problem to find a vector of ...
- 385
5
votes
1
answer
257
views
When does it make sense to use variational methods, versus dynamic programming, versus nonlinear control methods so solve DSGE models
I come from a statistics and applied math background, but have been looking at some problems related to macroeconomic DSGE models lately. So I am still trying to understand the ideas and economics ...
- 385