ENGLISH

The Stochastic Growth Model

By Vermeylen Koen.

Book information

Language
english
Format
PDF
Filesize
1 MB (1144674 bytes)
Pages
\32
Library
twirpx
Time added
2017-08-07 07:01:42
Математика;Высшая математика (основы);Математика д

Description

Ventus Publishing ApS. — 2011. — 32 p.This book presents the stochastic growth model. The stochastic growth model is a stochastic version of the neoclassical growth model with microfoundations, and provides the backbone of a lot of macroeconomic models that are used in modern macroeconomic research. The most popular way to solve the stochastic growth model, is to linearize the model around a steady state, and to solve the linearized model with the method of undetermined coefficients.

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