Abstract
Perturbation methods are the tool most frequently employed to solve dynamic general equilibrium models. Their popularity is due to the fact that they are easy to apply. Toolkit programmers can keep all the algorithm details hidden away from users. Due to their widespread use, Heer and Maußner examine perturbation methods in detail, over three chapters. The present chapter introduces readers to the perturbation approach and related issues, develops a general framework, and reviews the required tools.
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© 2024 The Author(s), under exclusive license to Springer Nature Switzerland AG
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Heer, B., Maußner, A. (2024). Perturbation Methods: Framework and Tools. In: Dynamic General Equilibrium Modeling. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-031-51681-8_2
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DOI: https://doi.org/10.1007/978-3-031-51681-8_2
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Publisher Name: Springer, Cham
Print ISBN: 978-3-031-51680-1
Online ISBN: 978-3-031-51681-8
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