Template-type: ReDIF-Paper 1.0
Author-Name: Alfonso Novales 
Author-Email: anovales@ccee.ucm.es
Author-Homepage: https://www.ucm.es/fundamentos-analisis-economico2/novales-cinca,-alfonso
Author-Person: pno7
Author-Workplace-Name: Departamento de Economía Cuantitativa. Universidad Complutense de Madrid
Author-Workplace-Homepage: https://www.ucm.es/fundamentos-analisis-economico2
Title: The Role of Simulation Methods in Macroeconomics 
Abstract: After reviewing the reasons to use solution methods in macroeconomics,this survey paper discusses 
	diferent aspects relative to a rigorous use of the numerical output of such methods. Special attention 
	is paid to suggestions that have been made to incorporate parameter uncertainty. Finally, the need to 
	test for usually maintained assumptions, such as rationality of expectations, is emphasized.
Classification-JEL: C8, C9, E3, E6, O4.
Keywords: Numerical solution methods, Rational expectations, Calibration.
Length: 36 pages
Creation-Date:2002 
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae0227.txt
File-URL: https://eprints.ucm.es/id/eprint/7692/1/0227.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doicae:0227