Computing DSGE Models with Recursive Preferences and Stochastic Volatility

This paper compares different solution methods for computing the equilibrium of dynamic stochastic general equilibrium (DSGE) models with recursive preferences such as those in Epstein and Zin (1989 and 1991) and stochastic volatility. Models with these two features have recently become popular, but...

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Bibliographic details
Volume: 15
Main Author: Rubio-Ramirez, Juan F
Caldara, Dario
Fernandez-Villaverde, Jesus
Yao, Wen
Format: Journal Article
Language: English
Place of publication: Elsevier for the Society for Economic Dynamics 2012
published in: Review of Economic Dynamics Vol. 15; no. 2; pp. 188 - 206
Data of publication: 2012
Series: Review of Economic Dynamics
Subjects:
Online Access: available in Bonn?
Database: RePEc
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