Solving Euler equations: classical methods and the C¹ contraction mapping method revisited

Revista Brasileira de Economia

Wilfredo L. Maldonado²  Humberto Moreira¹ 

[1] ,Catholic University of Brasília Department of Economics Brasília DF ,Brazil

关键词: Euler equation;    numerical methods;    economic dynamics;   

DOI  :  10.1590/S0034-71402006000200004

来源: SciELO

【 摘 要 】

In this paper we describe the classical methods used to solve the Euler equations. Special attention is devoted to the iterative method based on a contraction mapping derived from these equations in Maldonado and Moreira (2003). We test the numerical robustness of this method when it is used in models with sensitiveness to initial conditions. Finally we extend the method to the case of stochastic Euler equations.

【 授权许可】

CC BY   
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