Working Paper
Solving dynamic equilibrium models by a method of undetermined coefficients
Abstract: A presentation of an undetermined coefficients method for obtaining a linear approximation to the solution of a dynamic rational-expectations model. It shows how that solution can be used to compute the model?s implications for impulse response functions and for second moments.
https://doi.org/10.26509/frbc-wp-199804
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Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1998
Number: 9804