Computational solution of large-scale macroeconometric models
By: by Giorgio Pauletto.
Series: Advances in computational economics ;; v. 7
Publisher: Kluwer Academic Publishers
Published: 1997
Place of publication: Boston
Language: eng
Number of pages: 161
Subjects: Macroeconomics -- Econometric models; Econometrics; Economics, Mathematical -- Data processing
Description: This book presents the available methodologies for the solution of large-scale macroeconometric models. It reviews classical solution methods and introduces more recent techniques, such as parallel computing and nonstationary iterative algorithms.

The development of new and more efficient computational techniques has significantly influenced research and practice in macroeconometric modeling. This volume supplies practitioners and researchers with both a general presentation of numerical solution methods and specific discussions about particular problems encountered in the field. Solution techniques for linear and nonlinear systems are reviewed and a graph-theoretical approach to perform this analysis is introduced.

A model simulation on parallel computers of large-scale macroeconometric models is also described. Finally, a theoretical framework of rational expectation models is presented.
Notes: Includes bibliographical references (p. [145]-151) and index.