A Faà di Bruno’s formula with tensors

Recently, working on k-order perturbation in dynare, I had to compute high-order derivatives of composite vector-valued functions. In their 2004 mimeo « Solving Stochastic Dynamic Equilibrium Models: A k-Order Perturbation Approach », Michel Juillard and Ondra Kamenik…

New Working Paper !

I recently wrote a first version of a new working paper entitled « Waiting for the Prince Charming: Fixed-Term Contracts as Stopgaps ». You can download it here, see the replication code on the associated GitHub repository…