Tag: euler equations
Computing dynamic economic models in R for dummies: using deSolve to get qualitative solutions to Euler equations.
Note: A video explaining the content of this blog can be found here The computation of macroeconomic models is one which both fascinates and mystifies new students and scholars in this field. It certainly was a topic which seemed completely inaccessible to me without an advanced knowledge of algorithms and computational expertise. On an outset…