• Adda J, Cooper R. 2003. Dynamic Economics. MIT Press: Cambridge, MA.
  • Bayer C, Juessen F. 2012. On the dynamics of interstate migration: migration costs and self-selection. Review of Economic Dynamics 15:377401.
  • Burnside C. 1999. Discrete state-space methods for the study of dynamic economies. In Computational Methods for the Study of Dynamic Economies, Marimon R, Scott A (ed.) Oxford University Press: New York; 95113.
  • Caldara D, Fernandez-Villaverde J, Rubio-Ramirez JF, Yao W. 2012. Computing DSGE models with recursive preferences and stochastic volatility. Review of Economic Dynamics 15: 188206.
  • Christiano LJ, Eichenbaum M. 1992. Current real business cycle theories and aggregate labor market fluctuations. American Economic Review 82: 430450.
  • Coleman W II. 1990. Solving the stochastic growth model by policy-function iteration. Journal of Business and Economic Statistics 8: 2729.
  • Cúrdia V, Reis R. 2010. Correlated disturbances and U.S. business cycles. Working Paper 15774, NBER.
  • Fernandez-Villaverde J, Guerron-Quintana P, Rubio-Ramirez JF, Uribe M. 2011. Risk matters: The real effects of volatility shocks. American Economic Review 101: 25302561.
  • Floden M. 2008. A note on the accuracy of Markov-chain approximations to highly persistent AR(1) processes. Economics Letters 99: 516520.
  • Galindev R, Lkhagvasuren D. 2010. Discretization of highly persistent correlated AR(1) shocks. Journal of Economic Dynamics and Control 34: 12601276.
  • Gomme P, Lkhagvasuren D. 2013. Calibration and simulation of DSGE models. In Handbook of Research Methods and Applications in Empirical Macroeconomics, Hashimzade N, Thornton M (eds). Edward Elgar: Cheltenham, UK; 575592.
  • Gomme P, Rupert P. 2007. Theory, measurement, and calibration of macroeconomic models. Journal of Monetary Economics 54: 460497.
  • Judd KL. 1998. Numerical Methods in Economics. MIT Press: Cambridge, MA.
  • Kopecky KA, Suen RM. 2010. Finite state Markov-chain approximations to highly persistent processes. Review of Economic Dynamics 13: 701714.
  • Lkhagvasuren D. 2012. Big locational unemployment differences despite high labor mobility. Journal of Monetary Economics 59: 798814.
  • Rouwenhorst GK. 1995. Asset pricing implications of equilibrium business cycle models. In Structural Models of Wage and Employment Dynamics, Cooley T (ed.). Princeton University Press: Princeton, NJ.
  • Tauchen G. 1986a. Finite state Markov-chain approximations to univariate and vector autoregressions. Economics Letters 20: 177181.
  • Tauchen G. 1986b. Statistical properties of generalized method-of-moments estimators of structural parameters obtained from financial market data. Journal of Business and Economic Statistics 4: 397416.
  • Tauchen G, Hussey R. 1991. Quadrature-based methods for obtaining approximate solutions to linear asset pricing models. Econometrica 59: 371396.
  • Terry SJ, Knotek II ES. 2011. Markov-chain approximations of vector autoregressions: application of general multivariate-normal integration techniques. Economics Letters 110: 46.