Multi-country real business cycle models: Accuracy tests and test bench |
| |
| Authors: | Michel Juillard,Sé bastien Villemot |
| |
| Affiliation: | a Bank of France and CEPREMAP, France
b Paris School of Economics and CEPREMAP, France |
| |
| Abstract: | This paper describes the methodology used to compare the results of different solution algorithms for a multi-country real business cycle model. It covers in detail the structure of the model, the choice of values for the parameters, the accuracy tests used in the comparison, and the computer program specifically developed for performing the tests. |
| |
| Keywords: | Accuracy tests Numerical solutions Heterogeneous agents |
| 本文献已被 ScienceDirect 等数据库收录！ |
