Smart forward shooting

Computational Economics

Volumn 33, Issue 1, 2009, Pages 1-30

  Atolia, Manoj ^a   Buffie, Edward F ^b  

^a FLORIDA STATE UNIVERSITY   (United States)

^b INDIANA UNIVERSITY   (United States)

Author keywords

Automated programs; Forward shooting; Global saddle path

Indexed keywords

EID: 57749178852     PISSN: 09277099     EISSN: 15729974     Source Type: Journal    
DOI: 10.1007/s10614-008-9146-2     Document Type: Article

References (13)

1. Ascher U., Matthej R., Russell R. (1988) Numerical solution of boundary value problems for ordinary differential equations. Englewood Cliffs, NJ, Prentice-Hall
2. Atolia, M., & Buffie, E. (2007) Reverse shooting made Easy: Automating the search for the global nonlinear saddle path, Mimeo. Florida State University.
3. Brunner M., Strulik H. (2002) Solution of perfect foresight saddle point problems: A simple method and applications. Journal of Economic Dynamics and Control 26: 737-753
4. Candler G. (1998) Finite-difference methods for continuous-time dynamic programming. In: Marimon R., Scott A.(eds) Computational methods for the study of dynamic economies.. Oxford University Press, New York
5. Herbert R., Stemp P. (2003) Exploiting model structure to solve the dynamics of a macro model. Computational Economics 21: 203-207
6. Judd K. (1999) Numerical methods in economics. MIT Press, Cambridge, MA
7. Judd K. (2002) The parametric path method: An alternative to Fair-Taylor and L-B-J for solving perfect foresight models.. Journal of Economic Dynamics and Control 26: 1557-1583
8. Keller H. (1968) Numerical methods for two-point boundary-value problems. Blaisdell Publishing Company, London
9. Lipton D., Poterba J., Sachs J., Summers L. (1982) Multiple shooting in rational expectations models.. Econometrica 50: 1329-1333
10. McGratten E. (1999) Application of weighted residual methods to dynamic economic models. In: Marimon R., Scott A.(eds) Computational methods for the study of dynamic economies.. Oxford University Press, New York
11. Mercenier J., Michel P. (1994) Discrete-time finite horizon approximation of infinite horizon optimization problems with steady-state invariance. Econometrica 62: 635-656
12. Roberts S., Shipman J. (1972) Two-point boundary value problems: Shooting methods. American Elsevier Publishing Company, New York
13. Sidrauski M. (1967) Rational choice and patterns of growth in a monetary economy. American Economic Review 57: 534-544