This paper shows that standard empirical methods for estimating log-linearized consumption Euler equations cannot successfully uncover structural parameters like the coefficient of relative risk ...

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Power flow models are fundamental to power systems analyses ranging from short-term market clearing and voltage stability studies to long-term planning. Due to the nonlinear nature of the AC power ...

Approximation Bias in Linearized Euler Equations. Sydney Ludvigson & Christina H. Paxson. Share. X LinkedIn Facebook Bluesky Threads Email Link. Technical Working Paper 0236 DOI 10.3386/t0236 Issue ...

Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation). Topics in Macroeconomics, 1, 153460131003. Login.

Inspired by the linearized adiabatic connection (AC0) theory, an approximation to second-order N-electron valence state perturbation theory (NEVPT2) has been developed, termed NEVPT within singles ...

We generalize the linearized path integral approach to evaluate quantum time correlation functions for systems best described by a set of nuclear and electronic degrees of freedom, restricting ...