Other programming languages

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Other programming languages

Postby theta23 » Wed Mar 09, 2016 12:36 am

I have a question concerning other programming languages than Matlab and DSGE modeling. Are there reasons why one would prefer to work with another language and which languages could then be preferred?

Thanks in advance!
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Re: Other programming languages

Postby jpfeifer » Thu Mar 10, 2016 10:55 am

The deciding factors are speed, abstraction (and thus development time), and already existing code on which you can build. You might want to look at Aruoba Fernandez-Villaverde (2015) - A comparison of programming languages in economics
and http://quant-econ.net/
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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