Economic growth models: symbolic and numerical computations

P. B. Vasconcelos

Abstract


Growth economic models play a crucial role in understanding countries development, inter-country macroeconomic relationship and, ultimately, to anticipate the effects on endogenous variables due to political shocks on model parameters or exogenous variables. Yet, build a mathematical model can be a difficult and time consuming task. Symbolic computations can be of great help in the development process. Then, the ability to simulate, under initial assumptions, is, assuredly, a priceless tool for policy makers to take decisions and to adapt them along the time. Robust and efficient solvers are required to allow for reliable and fast answers. This paper deals with an integrated computational approach to economic growth models, based on the exceptional ability of MATLAB`s numerical computing and exploring its symbolic computing capabilities. Illustration is made with the Ramsey-Cass-Koopmans model, one of the macroeconomic workhorse models.

Keywords


Economic growth; symbolic computations; numerical computations

Full Text:

PDF


Lululemon Black Friday cheap nfl jerseys Lululemon factory Outlet ny Black Friday discount tiffany outlet wholesale soccer jerseys online oakley black friday cheap nhl jerseys china cheap nfl jerseys north face black friday sale cheap nfl jerseys online Jordans Black Friday Sale 2015 Cheap Moncler Cyber Monday moncler outlet cheap soccer jerseys moncler outlet black friday cheap authentic nfl jerseys north face cyber monday Louboutin Black Friday canada wholesale cheap nfl jerseys lululemon cyber monday 2015 cheap nfl jerseys from china 2015 Cheap Moncler Black Friday Sale Moncler Cyber Monday 2015 cheap jerseys Lululemon Cyber Monday Sale jordans cyber monday deals 2015 cheap nike nfl jerseys Black Friday deals Lululemon 2015 jordan black friday 2015 Moncler Jackets Black Friday Sale 2015 Louboutin Pas Cher Black Friday 2015 Canada Lululemon north face black friday cheap wholesale soccer jerseys