Blar i Arbeidsnotater / Working Papers på forfatter "Kolsrud, Dag"
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Simulating Forward-Looking Models
Kolsrud, Dag (Working Papers;9/2001, Working paper, 2001)The solutions of a macroeconometricmodel with expectations of future-dated variables has to be approximated by numerical simulations. A brief review of deterministic and stochastic dynamic simulations of a backward-looking ...