A function machine is a way of writing rules using a flow diagram. The equation \(3h - 6 = 9\) can be shown on a function machine by writing out the functions that have been applied to \(h\) in the ...

A number machine is a way of writing rules using a flow diagram. The equation \(3j - 6 = 9\) can be shown on a number machine by writing out the functions that have been applied to \(j\) in the order ...

This article describes three approximation methods I used to solve the growth model (Model 1) studied by the National Bureau of Economic Research's nonlinear rational-expectations-modeling group ...