Notes on Solving for the Risky Steady State
25 Pages Posted: 11 Sep 2012 Last revised: 25 Mar 2013
Date Written: March 22, 2013
This note outlines a general formulation of Coeurdacier, Rey and Winant (2011, AER) 's methodology to solve for a risky steady state.
Keywords: stochastic or risky steady state, rational expectations, solution method
JEL Classification: C63, E44
Suggested Citation: Suggested Citation