This example solves a nonlinear system of equations by Newton's method. Let the nonlinear system be represented by F(x) = 0 ...

This paper presents an asymptotic approximation for the marginal density of a nonlinear function g (θ) that is applicable when the joint density of θ is dominated by a single mode and the Jacobian of ...

Using dynamic optimization techniques, we find that the form of the optimal monetary policy reaction function is asymmetric. We show that in the optimal rule the interest rate is a nonlinear function ...

Addresses the problem of estimating, from measurement data corrupted by highly correlated noise, the shape of an unknown scaler and univariate function hidden in a known phenomenological model of the ...