Major reforms and inventions often begin with a line of mathematics. For students, equations can look abstract on a classroom ...

“Gentlemen, that is surely true, it is absolutely paradoxical; we cannot understand it, and we don’t know what it means. But we have proved it, and therefore we know it must be the truth.” —Benjamin ...

The plots below illustrate the difference between computations on a moving mesh (left) and a fixed grid (right), both with the same number of grid points. The partial differential differential ...

This article describes a method for computing approximate equilibria for stochastic dynamic economies. The method is of general interest because it allows straightforward computation of equilibria in ...