Arbeitspapier
Multi-Dimensional Transitional Dynamics: A Simple Numerical Procedure
Growth models often give rise to saddle-point stable dynamic systems with multi-dimensional stable manifolds. It is argued that standard solution procedures used to numerically approximate the transition process are generally inadequate when the (stable) eigenvalues differ substantially in magnitude. Therefore, the relaxation procedure is proposed as a powerful method for simulating the transition process in dynamic macroeconomic models. We argue that this procedure is in general well-suited and highly efficient. The procedure can be easily applied to dynamic systems which exhibit the above mentioned structural characteristics. This is demonstrated by simulating the transition process of the well-known Jones (1995) model.
- Sprache
-
Englisch
- Erschienen in
-
Series: Volkswirtschaftliche Diskussionsbeiträge ; No. 121-05
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Koch, Karl-Josef
Trimborn, Timo
Steger, Thomas M.
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Siegen, Fakultät III, Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht
- (wo)
-
Siegen
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Koch, Karl-Josef
- Trimborn, Timo
- Steger, Thomas M.
- Universität Siegen, Fakultät III, Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht
Entstanden
- 2005
Ähnliche Objekte (12)
Multidimensional transitional dynamics: A simple numerical procedure
Multi-dimensional transitional dynamics: A simple numerical procedure
Multi-dimensional transitional dynamics: a simple numberical procedure
Numerical methods in multidimensional radiative transfer
Numerical Tensor Techniques for Multidimensional Convolution Products
A procedure for computing the spot production rate in transitional boundary layers
Numerical Boundary Control of Multi-Dimensional Hyperbolic Equations
A simple procedure for the comparison of covariance matrices
SELECTING THE OPTIMAL MULTIDIMENSIONAL SCALING PROCEDURE FOR METRIC DATA WITH R ENVIRONMENT
The disappointing numerical tests with a transitional low Reynolds number turbulence model
Incidence of numerical variants and transitional lumbosacral vertebrae on whole-spine MRI
Percutaneous endoscopic sigmoidopexy: a simple procedure within every endoscopistʼs reach
Multidimensional transitional dynamics: A simple numerical procedure
Multi-dimensional transitional dynamics: A simple numerical procedure
Multi-dimensional transitional dynamics: a simple numberical procedure
Numerical methods in multidimensional radiative transfer
Numerical Tensor Techniques for Multidimensional Convolution Products
A procedure for computing the spot production rate in transitional boundary layers
Numerical Boundary Control of Multi-Dimensional Hyperbolic Equations
A simple procedure for the comparison of covariance matrices
SELECTING THE OPTIMAL MULTIDIMENSIONAL SCALING PROCEDURE FOR METRIC DATA WITH R ENVIRONMENT
The disappointing numerical tests with a transitional low Reynolds number turbulence model
Incidence of numerical variants and transitional lumbosacral vertebrae on whole-spine MRI
Percutaneous endoscopic sigmoidopexy: a simple procedure within every endoscopistʼs reach
Multidimensional transitional dynamics: A simple numerical procedure
Multi-dimensional transitional dynamics: A simple numerical procedure
Multi-dimensional transitional dynamics: a simple numberical procedure
Numerical methods in multidimensional radiative transfer
Numerical Tensor Techniques for Multidimensional Convolution Products
A procedure for computing the spot production rate in transitional boundary layers
Numerical Boundary Control of Multi-Dimensional Hyperbolic Equations
A simple procedure for the comparison of covariance matrices
SELECTING THE OPTIMAL MULTIDIMENSIONAL SCALING PROCEDURE FOR METRIC DATA WITH R ENVIRONMENT
The disappointing numerical tests with a transitional low Reynolds number turbulence model
Incidence of numerical variants and transitional lumbosacral vertebrae on whole-spine MRI