Be the first to rate this file! 18 downloads (last 30 days) File Size: 464.54 KB File ID: #10932

Solution to Linear Rational Expectations Models

01 May 2006 (Updated 16 May 2006)

No BSD License

Solves linear rational expectation models, delivers derivatives of solutions

File Information
Description	LREM_SOLVE Toolbox delivers a computationally effective method of solving regular linear dynamic systems based on Schur decomposition. The toolbox finds the solution or informs that there are no solutions. One of the advantage of presented method is possibility of problem dimension reduction. This allows for efficient solution of models with very large set of endogenous variables and moderate set of state variables. Presented method allows for considering models with sunspots. We also derive first differential of matrices describing model dynamics with respect to model parameters.
MATLAB release	MATLAB 7.0.1 (R14SP1)
Zip File Content
Other Files	lrem_solve/contents.m, lrem_solve/demo.m, lrem_solve/gradient.m, lrem_solve/gschur.dll, lrem_solve/gschur.m, lrem_solve/gsch_order.dll, lrem_solve/gsch_order.m, lrem_solve/gsylvester.m, lrem_solve/gsylvester_schur.dll, lrem_solve/gsylvester_schur.m, lrem_solve/linear2ss.m, lrem_solve/lineareq.m, lrem_solve/model_reduction.m, lrem_solve/null2.m, lrem_solve/putv.m, lrem_solve/rank2.m, lrem_solve/schur_ord.m, lrem_solve/solve_deterministic.m, lrem_solve/solve_stochastic.m, lrem_solve/state_check.m, lrem_solve/state_find.m, lrem_solve/state_set.m, solver.pdf

Tags for This File
Everyone's Tags	linear rational expectations models, schur decomposition, simulation, sunspots
Tags I've Applied
Add New Tags	Please login to tag files.

Please login to add a comment or rating.

Updates
16 May 2006	adding some documentation

Tag Activity for this File
Tag	Applied By	Date/Time
simulation	Pawel Kowal	22 Oct 2008 08:24:03
linear rational expectations models	Pawel Kowal	22 Oct 2008 08:24:03
schur decomposition	Pawel Kowal	22 Oct 2008 08:24:03
sunspots	Pawel Kowal	22 Oct 2008 08:24:03

MATLAB Central Terms of Use

NOTICE: Any content you submit to MATLAB Central, including personal information, is not subject to the protections which may be afforded information collected under other sections of The MathWorks, Inc. Web site. You are entirely responsible for all content that you upload, post, e-mail, transmit or otherwise make available via MATLAB Central. The MathWorks does not control the content posted by visitors to MATLAB Central and, does not guarantee the accuracy, integrity, or quality of such content. Under no circumstances will The MathWorks be liable in any way for any content not authored by The MathWorks, or any loss or damage of any kind incurred as a result of the use of any content posted, e-mailed, transmitted or otherwise made available via MATLAB Central. Read the complete Terms prior to use.