Multi-country real business cycle models: Accuracy tests and test bench
Journal article: 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.
Author(s)
Michel Juillard, Sébastien Villemot
Journal
- Journal of Economic Dynamics and Control
Date of publication
- 2011
Keywords JEL
Keywords
- Accuracy tests
- Numerical solutions
- Heterogeneous agents
Pages
- 178-185
URL of the HAL notice
Version
- 1
Volume
- 35