Online Appendix to "Quantitative properties of sovereign default models: solution methods"
Leonardo Martinez and
Technical Appendices from Review of Economic Dynamics
This document describes how we evaluate the accuracy of the solution of the baseline sovereign default model using the test proposed by den Haan and Marcet (1994). We show that the solutions obtained using Chebyshev collocation and cubic spline interpolation approximate the equilibrium with reasonable accuracy and illustrate the challenges that arise when the test is applied to the solution obtained using the discrete state space technique.
New Economics Papers: this item is included in nep-rmg
Note: The original article was published in the Review of Economic Dynamics
References: View complete reference list from CitEc
Citations View citations in EconPapers (20) Track citations by RSS feed
Downloads: (external link)
Journal Article: Quantitative properties of sovereign default models: solution methods (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:red:append:08-133
Ordering information: This working paper can be ordered from
https://www.economic ... ription-information/
Access Statistics for this paper
More papers in Technical Appendices from Review of Economic Dynamics Contact information at EDIRC.
Series data maintained by Christian Zimmermann ().