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Solving the Stochastic Growth Model by Linear-Quadratic Approximation and by Value-Function Iteration
16 references·7 citing·44 second hop
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References

  • 1985The equity premium: A puzzle5,785 cited
  • 1983Real Business Cycles2,076 cited
  • 1985Indivisible labor and the business cycle2,011 cited
  • 1987Optimal Replacement of GMC Bus Engines: An Empirical Model of Harold Zurcher1,725 cited
  • 1986Theory ahead of business-cycle measurement1,663 cited
  • 1991Quadrature-Based Methods for Obtaining Approximate Solutions to Nonlinear Asset Pricing Models926 cited
  • 1988Why does inventory investment fluctuate so much?311 cited
  • 1989Time-to-Build and Aggregate Fluctuations: Some New Evidence261 cited
  • 1989Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods229 cited
  • 1991Time to build and aggregate fluctuations184 cited
  • 1980A Competitive Theory of Fluctuations and the Feasibility and Desirability of Stabilization Policy127 cited
  • 1990Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods117 cited
  • 1988Straight time and overtime in equilibrium106 cited
  • 1989Understanding Japan's Saving Rate: The Reconstruction Hypothesis77 cited
  • 1987A Dynamic Programming Model of Retirement Behavior54 cited

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  • 1988Is Theory Really Ahead of Measurement? Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations53 cited
  • Cited by

    • 2003Inspecting the Mechanism: closed‐form Solutions for Asset Prices in Real Business Cycle Models81 cited
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    • 2008Distribution Risk and Equity Returns31 cited
    • 2001Computing Models of Social Security22 cited
    • 2012Hypothesis Testing and Finite Sample Properties of Generalized Method of Moments Estimators: A Monte Carlo Study20 cited
    • 2022Econometric Modeling to Measure the Social and Economic Factors in the Success of Entrepreneurship8 cited