Using a stylized two-period model we compare portfolio solutions from two local solution approaches -
the approach of Judd and Guu (2001) and the approach of Devereux and Sutherland (2010, 2011) - with
the true nonlinear portfolio solution.
| Identifer | oai:union.ndltd.org:VIENNA/oai:epub.wu-wien.ac.at:4395 |
| Date | 08 1900 |
| Creators | Rabitsch, Katrin, Stepanchuk, Serhiy |
| Publisher | Elsevier |
| Source Sets | Wirtschaftsuniversität Wien |
| Language | English |
| Detected Language | English |
| Type | Article, PeerReviewed |
| Format | application/pdf |
| Rights | Creative Commons: Attribution-Noncommercial-No Derivative Works 3.0 Austria |
| Relation | http://dx.doi.org/10.1016/j.econlet.2014.05.028, http://www.elsevier.com/, http://epub.wu.ac.at/4395/ |
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