Download This PaperTapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models with Graphics Processors
17 Pages Posted: 15 Dec 2010
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Tapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models with Graphics Processors
Tapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models with Graphics Processors
Date Written: October 18, 2010
Abstract
This paper shows how to build algorithms that use graphics processing units (GPUs) installed in most modern computers to solve dynamic equilibrium models in economics. In particular, we rely on the compute unified device architecture (CUDA) of NVIDIA GPUs. We illustrate the power of the approach by solving a simple real business cycle model with value function iteration. We document improvements in speed of around 200 times and suggest that even further gains are likely.
Keywords: CUDA, Dynamic Programming, Parallelization, Growth Model, Business Cycles
JEL Classification: C88
Suggested Citation: Suggested Citation
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