Polynomial interpolation to analytic functions can be very accurate, depending on the distribution of the interpolation nodes. However, in equispaced nodes and the like, besides being badly ...

This article describes three approximation methods I used to solve the growth model (Model 1) studied by the National Bureau of Economic Research's nonlinear rational-expectations-modeling group ...

This paper presents techniques to solve for optimal simple monetary policy rules in rational expectations models, assuming discretion. The techniques described are notable for the flexibility they ...