February 22, 2012 we have (2016 pdf files in our database)
Short Desciption: nonlinear model and used when we do our accounting
Content Inside: Business Cycle Accounting Federal Reserve Bank of Minneapolis Research Department Staff Report 362 Revised December 2006 Accounting dagger; V.V. Chari University of Minnesota and Federal Reserve Bank of Minneapolis Patrick J. Kehoe Federal Reserve Bank of Minneapolis and University of Minnesota Ellen R. McGrattan Federal Reserve Bank of Minneapolis and University of Minnesota The views expressed herein are those of the authors and not necessarily those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System. Table of Contents A.ComputationandEstimation . . . . . . . . . . . . . . . . . . . . . . 1 A.1. TheBenchmarkModel . . . . . . . . . . . . . . . . . . . . . . 1 A.2. AlgorithmsforComputingEquilibria . . . . . . . . . . . . . . . . 4 A.2.1. NonlinearComputation . . . . . . . . . . . . . . . . . . . 5 A.2.2. Log-LinearComputation . . . . . . . . . . . . . . . . . . . 6 A.2.2.1. CheckingaTestCase . . . . . . . . . . . . . . . . . 12 A.2.2.2. Computation for the General Log-Linear Case . . . . . . 13 A.2.3. AllowingforAdjustmentCosts . . . . . . . . . . . . . . . . 13 A.2.4. AnAlternativeInvestmentWedge . . . . . . . . . . . . . . 17 A.3. MLEEstimation . . . . . . . . . . . . . . . . .