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Joachim Zietz |
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''A clarifying note on converting to log-deviations from the steady state'' |
( 2008, Vol. 3 No.50 ) |
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The paper discusses the mathematical background and several alternative strategies of converting equations as typically found in dynamic stochastic general equilibrium models into log-deviations from the steady state form. Guidance is provided on when to use which computational strategy. More examples with detailed derivations and a simple Maple program to automate the conversion are made available online. |
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Keywords: |
JEL: C6 - Mathematical Methods and Programming: General
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Manuscript Received : Jul 23 2008 | | Manuscript Accepted : Aug 26 2008 |
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