Abstract

This note develops a Laplace transform method for solving linearizing multidimensional systems raised by multi-sector perfect foresight models, which can be viewed as an extension to Judd's (1982) [Judd, K. 1982. An alternative to steady-state comparisons in perfect foresight models. Economics Letters 10, 55-59.] method for solving two-dimension systems raised by one-sector models.

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