The area \(A\) of a square of side length \(s\) is \(A=s^2\text{.}\) Suppose \(s\) increases by an amount \(\Delta s=ds\text{.}\) Draw a square and then illustrate ...

This article studies the accuracy of two versions of Kydland and Prescott's (1980, 1982) procedure for approximating optimal decision rules in problems in which the objective fails to be quadratic and ...

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This is a preview. Log in through your library . Abstract In some applications linear approximations to non-linear models are desirable. They bring the benefits of computational simplicity and access ...