; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Algorithms for Solving Dynamic Models With Occasionally Binding Constraints"; ; "batchuser@example.com"; "Christiano, Lawrence J.", "Fisher, Jonas D. M. (Jonas Daniel Maurice), 1965-"; "Federal Reserve Bank of Minneapolis"; "Chebyshev interpolation", "Parameterized expectations", "Collocation", "Occasionally binding constraints"; "C63 - Computational Techniques; Simulation Modeling", "C60 - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling: General", "C68 - Computable General Equilibrium Models"; "We describe several methods for approximating the solution to a model in which inequality constraints occasionally bind, and we compare their performance. We apply the methods to a particular model economy which satisfies two criteria: It is similar to the type of model used in actual research applications, and it is sufficiently simple that we can compute what we presume is virtually the exact solution. We have two results. First, all the algorithms are reasonably accurate. Second, on the basis of speed, accuracy and convenience of implementation, one algorithm dominates the rest. We show how to implement this algorithm in a general multidimensional setting, and discuss the likelihood that the results based on our example economy generalize."^^; "1994-05"; "2019-09-14T00:03:57.068475641+00:00"^^; "https://doi.org/10.21034/sr.171"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Thu Nov 7 22:27:58 2019"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "241", "141"; "Staff report (Federal Reserve Bank of Minneapolis. Research Department)"; "171"; "Chebyshev interpolation", "Occasionally binding constraints", "Parameterized expectations", "Collocation"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "Published in: _Journal of Economic Dynamics and Control_ (Vol. 24, No. 8, July 2000, pp. 1179-1232) https://doi.org/10.1016/S0165-1889(99)00016-0."^^; ; "Publication" . ; .