Simulating a Simple Real Business Cycle Model Using Excel

Toru Hokari (), Masaki Iimura, Seiji Murakoshi and Yoshiko Onuma
Additional contact information
Toru Hokari: University of Tsukuba
Masaki Iimura: University of Tsukuba
Seiji Murakoshi: University of Tsukuba
Yoshiko Onuma: University of Tsukuba

Computers in Higher Education Economics Review, 2007, vol. 19, issue 1, pages 16-20

Abstract: Simulating the real business cycle models is a popular topic in first-year graduate courses on macroeconomics. Usually, Maple and Matlab are used for this purpose, mainly because they can be used both for solving and for simulating the models. Strulik (2004) demonstrates that Excel can be used both for solving and for simulating a standard RBC model. In this paper, we propose a more elementary approach that might be suitable for undergraduate courses. We illustrate (i) how to solve a simple RBC model by hand and (ii) how to use Excel to simulate the solution.

Date: 2007
View list of references

Downloads: (external link)
http://www.economicsnetwork.ac.uk/cheer/ch19/hokari.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:che:chepap:v:19:y:2007:i:1:p:16-20

Ordering information: This journal article can be ordered from

Access Statistics for this article

Computers in Higher Education Economics Review is edited by W. David McCausland

More articles in Computers in Higher Education Economics Review from Economics Network, University of Bristol
Address: University of Bristol, BS8 1HH, United Kingdom
Contact information at EDIRC.
Series data maintained by Martin Poulter ().