A Simple Procedure for the Numerical Solution of Discrete Time Linear Two-Point Boundary-Value Problems with Finite Horizon and its use for Simulating Discrete Time Linear Models under Perfect Foresig

This paper presents a simple procedure for the numerical solution of discrete time linear two-point boundary-value problems with finite horizon. The paper illustrates its use for simulating discrete time linear models under perfect foresight. For that purpose two simple models were chosen from the s...

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Detalles Bibliográficos
Autor: Graziani, Carlo
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1999
País:Brasil
Institución:Fundação Getulio Vargas (FGV)
Repositorio:Revista Brasileira de Economia (Online)
Idioma:portugués
inglés
OAI Identifier:oai:ojs.periodicos.fgv.br:article/744
Acceso en línea:https://periodicos.fgv.br/rbe/article/view/744
Access Level:acceso abierto
Palabra clave:simulation
two-point boundary-value problems
discrete time linear models
perfect foresight.
Descripción
Sumario:This paper presents a simple procedure for the numerical solution of discrete time linear two-point boundary-value problems with finite horizon. The paper illustrates its use for simulating discrete time linear models under perfect foresight. For that purpose two simple models were chosen from the standard macroeconomic literature.The outstanding feature of the proposed procedure is its simplicity.