NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Solving Dynamic Equilibrium Models by a Method of Undetermined Coefficients

Lawrence J. Christiano

NBER Technical Working Paper No. 225
Issued in February 1998

I present an undetermined coefficients method for obtaining a linear approximating to the solution of a dynamic, rational expectations model. I also show how that solution can be used to compute the model's implications for impulse response functions and for second moments.

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Document Object Identifier (DOI): 10.3386/t0225

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