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Function Approximation

Burkhard Heer and Alfred Maußner ()
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Alfred Maußner: University of Augsburg

Chapter Chapter 13 in Dynamic General Equilibrium Modeling, 2024, pp 747-789 from Springer

Abstract: Abstract There are numerous instances in which we need to approximate functions of one or several variables. Examples include the perturbation methods considered in Chaps. 2 – 4 , the discrete state space methods of Chap. 7 , and the weighted residuals methods of Chap. 5 . This chapter gathers the most useful tools for this purpose. First, we clarify the notion of function approximation in the next section. We distinguish between local and global methods.

Date: 2024
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DOI: 10.1007/978-3-031-51681-8_13

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