Tapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models with Graphics Processors

Eric Aldrich (), Jesus Fernandez-Villaverde, A. Gallant and Juan F Rubio-Ramirez

No 15909, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper shows how to build algorithms that use graphics processing units (GPUs) installed in most modern computers to solve dynamic equilibrium models in economics. In particular, we rely on the compute unified device architecture (CUDA) of NVIDIA GPUs. We illustrate the power of the approach by solving a simple real business cycle model with value function iteration. We document improvements in speed of around 200 times and suggest that even further gains are likely.

JEL-codes: C87 E0 (search for similar items in EconPapers)
Date: 2010-04
New Economics Papers: this item is included in nep-bec, nep-cba, nep-cmp, nep-dge and nep-ecm
Note: EFG
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Citations: View citations in EconPapers (6)

Published as Aldrich, Eric M. & Fernández-Villaverde, Jesús & Ronald Gallant, A. & Rubio-Ramírez, Juan F., 2011. "Tapping the supercomputer under your desk: Solving dynamic equilibrium models with graphics processors," Journal of Economic Dynamics and Control, Elsevier, vol. 35(3), pages 386-393, March.

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Journal Article: Tapping the supercomputer under your desk: Solving dynamic equilibrium models with graphics processors (2011)
Working Paper: Tapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models with Graphics Processors (2010)
Working Paper: Tapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models with Graphics Processors (2010)
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