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A smolyak collocation algorithm for an international real business cycle model

Author(s) : Malin, Benjamin , Kubler, Felix , Krüger, Dirk
Description : We describe a sparse grid collocation algorithm to compute recursive solutions of dynamic economies with a sizable number of state variables. We show how powerful this method may be in applications by computing the nonlinear recursive solution of an international real business cycle model with a sub...
Repository : Zurich Open Repository and Archive (ZORA) , View repository documents
Language(s) : English
Subject(s) : Department of Banking and Finance , 330 Economics
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Source(s) : Malin, Benjamin; Kubler, Felix; Krüger, Dirk (2008). A smolyak collocation algorithm for an international real business cycle model. In: 14th International Conference on Computing in Economics and Finance (Society for Computational Economics SCE), Paris, 26 June 2008 - 28 June 2008.
Publication Date(s) : 2008-06-28