Solving Nonlinear Rational Expectations Models: A Stochastic Equilibrium Model of Interest Rates
提出一种求解非线性二次帕累托问题的方法，通过生成大量时间序列实现来近似模型统计量的经验分布，从而与真实数据比较以评估模型拟合度。
The authors introduce, in this paper, a method for solving nonlinear quadratic Pareto problems. The method provides the analyst with a set of time series realizations for the variables in the economy. By obtaining a large number of these realizations, they can approximate the empirical distributions of a variety of statistics, which will give a detailed description of the model's properties. In particular, those statistics can be compared with the similar ones obtained from actual data, and different criteria for goodness of fit can be defined on the basis of these comparisons. Copyright 1990 by The Econometric Society.