Multi-country real business cycle models: Accuracy tests and test bench

Article dans une revue: 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.

Auteur(s)

Michel Juillard, Sébastien Villemot

Revue
  • Journal of Economic Dynamics and Control
Date de publication
  • 2011
Mots-clés JEL
C63 C68 C88 F41
Mots-clés
  • Accuracy tests
  • Numerical solutions
  • Heterogeneous agents
Pages
  • 178-185
Version
  • 1
Volume
  • 35