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Executable program for "Time to Build and Aggregate Fluctuations"

Author

Listed:
  • Finn E. Kydland

    (Graduate School of Industrial Adminitration, Carnegie Mellon University)

  • Edward C. Prescott

    (Department of Economics, University of Minnesota)

Programming Language executable Abstract
This is a student version of the program used for Finn Kydland and Edward Prescott, "Time to Build and Aggregate Fluctuations", Econometrica, vol. 50, pp. 1345-1370, Nov. 1982 Some parameter values can be entered interactively. They should be quite obvious. Note that the parameter regarding the intertemporal substitution of leisure corresponds to alpha0 in the paper. The program can also generate impulse responses.

Suggested Citation

  • Finn E. Kydland & Edward C. Prescott, 1982. "Executable program for "Time to Build and Aggregate Fluctuations"," QM&RBC Codes 4, Quantitative Macroeconomics & Real Business Cycles.
    • Handle: RePEc:dge:qmrbcd:4
    as

    Download full text from publisher

    File URL: https://dge.repec.org/codes/kydland/bc.exe
    File Function: DOS program executable
    Download Restriction: none
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    Keywords

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