Abstract

References (5)

Beta

One-Click Download | Share | Email | Add to Briefcase

Log-Linearizing Around the Steady State: A Guide with Examples

Joachim Zietz
Middle Tennessee State University - Jennings A. Jones College of Business

December 2, 2006

Abstract:
The paper discusses for the beginning graduate student the mathematical background and several approaches to converting nonlinear equations into log-deviations from the steady state format. Guidance is provided on when to use which approach. Pertinent examples with detailed derivations illustrate the material.

Keywords: Log-linearization, log-deviations from the steady state, examples

JEL Classifications: C60, C65

Working Paper Series

Date posted: December 14, 2006 ; Last revised: December 14, 2006

Suggested Citation

Zietz, Joachim, Log-Linearizing Around the Steady State: A Guide with Examples (December 2, 2006). Available at SSRN: http://ssrn.com/abstract=951753

Export to: Export Citation What's this?

Contact Information

Joachim Zietz (Contact Author)

Middle Tennessee State University - Jennings A. Jones College of Business ( email )

Department of Economics & Finance
PO Box 129
Murfreesboro, TN 37132
United States
615-898-5596 (Fax)