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Please use this identifier to cite or link to this item:
http://purl.umn.edu/13915
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| Title: | AN INTRODUCTION TO ITERATIVE METHODS FOR SOLVING SIMULTANEOUS EQUATION MODELS: ILLUSTRATIONS FROM ECONOMICS |
| Authors: | Todd, Richard Roe, Terry L. |
| Authors (Email): | Roe, Terry L. (troe@umn.edu) |
| Issue Date: | 1978 |
| Series/Report no.: | Staff Paper P78-11 |
| Abstract: | This paper focuses on the application of computer-based, iterative methods for deriving analytical solutions to economic models expressed as systems of simultaneous linear and/or nonlinear equations. Practical suggestions for using four specific methods are emphasized. Analogies form economics are used to explain practical and theoretical points. |
| URI: | http://purl.umn.edu/13915 |
| Institution/Association: | University of Minnesota>Department of Applied Economics>Staff Papers |
| Total Pages: | 94 |
| Language: | English |
| Collections: | Staff Papers
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