This paper reviews a framework for numerically analyzing dynamic interactions in
imperfectly competitive industries. The framework dates back to Ericson and Pakes [1995 …

Learning‐by‐doing and organizational forgetting are empirically important in a variety of
industrial settings. This paper provides a general model of dynamic competition that …

International financial integration helps to diversify risk but also may spread crises across
countries. We provide a quantitative analysis of this trade-off in a two-country general …

Our purpose is to argue the inevitable and lasting role which homotopy methods will play in
both theoretical and applied economic analysis. The essence of our position is that large …

This paper provides a step-by-step guide to solving dynamic stochastic games using the
homotopy method. The homotopy method facilitates exploring the equilibrium …

General equilibrium analysis is difficult when asset markets are incomplete. We make the
simplifying assumption that uncertainty is small and use bifurcation methods to compute …

En esta investigación se modela la dinámica estocástica del precio del dólar
estadounidense sujeto a las diferentes fuerzas que afectan su precio relativo con otras …

This paper examines a dynamic, stochastic endowment economy with two agents and two
financial securities. Markets are incomplete and agents can have heterogeneous tastes. We …

The past two decades have seen a substantial increase in the use of computational methods
to solve dynamic general equilibrium problems. These methods are being used to analyze …

Transaction costs on financial markets may have important consequences for volumes of
trade, asset pricing, and welfare. This paper introduces an algorithm for the computation of …