Titlebook: Integrated Macro-Micro-Modelling Under Rational Expectations; With an Application Michael Malakellis Book 2000 Springer-Verlag Berlin Heid

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Solution Method, and that there are only a few types of capital stock variables” and second, that there are always interior solutions. The purpose of this chapter is to describe how a hybrid of the Euler and Newton-Raphson methods can be used to solve ORANI-INT without resorting to such dimensionality reduction schemes.

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Book 2000ustralian economy. The aim is to bring together, in a balanced approach, theory and data for the purpose of developing a practical state-of-the-art tool for policy analysis. The modelling approach adopted is motivated by the recent trend in economy-wide modelling to combine the respective strengths

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https://doi.org/10.1007/978-3-642-57660-7Australia; Australien; Macroeconomic Modelling; Makroökonomische Modellierung; Microeconomic Modelling; M

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Integrated Macro-Micro-Modelling Under Rational Expectations978-3-642-57660-7Series ISSN 1431-1933 Series E-ISSN 2197-7178