Mises Daily
Author:
Jonathan Newman
Online Publish Date:
Apparently all it takes to get recognition these days from the National Bureau of Economic Research is to time yourself doing math problems. In this new paper from the Aruoba and Jesús Fernández-Villaverde solve the familiar stochastic neoclassical growth model using various software, programming languages, and operating systems, in search of the fastest, most efficient way to do economics. Criticisms of the model aside, we see that contemporary mainstream