Working Paper
Algorithms for solving dynamic models with occasionally binding constraints
Abstract: A description and comparison of several algorithms for approximating the solution to a model in which inequality constraints occasionally bind. Their performance is evaluated using various parameterizations of the one-sector growth model with irreversible investment.
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https://doi.org/10.26509/frbc-wp-199711
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https://www.clevelandfed.org/-/media/project/clevelandfedtenant/clevelandfedsite/publications/working-papers/1997/wp-9711-algorithms-for-solving-dynamic-models-pdf.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1997
Number: 9711