A contractive method for computing the stationary solution of the Euler equation

Humberto Moreira () and Wilfredo Maldonado ()

Economics Bulletin, 2003, vol. 3, issue 1, 1-14

Abstract: A contractive method for computing stationary solutions of intertemporal equilibrium models is provided. The method is implemented using a contraction mapping derived from the first-order conditions. The deterministic dynamic programming problem is used to illustrate the method. Some numerical examples are performed.

Keywords: contractive; method; stationary; solutions; Euler; equation (search for similar items in EconPapers)
JEL-codes: C6 (search for similar items in EconPapers)
Date: 2003-02-05
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.accessecon.com/pubs/EB/2003/Volume3/EB-02C60001A.pdf (application/pdf)

Related works:
Working Paper: A contractive method for computing the stationary solution of the euler equation (2002)
Working Paper: A contractive method for computing the stationary solution of the Euler equation (2002)
Working Paper: A contractive method for computing the stationary solution of the Euler Equation (2001)
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: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-02c60001

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().