TY - JOUR
T1 - Tapping the supercomputer under your desk
T2 - Solving dynamic equilibrium models with graphics processors
AU - Aldrich, Eric M.
AU - Fernández-Villaverde, Jesús
AU - Ronald Gallant, A.
AU - Rubio-Ramírez, Juan F.
PY - 2011/3
Y1 - 2011/3
N2 - This paper shows how to build algorithms that use graphics processing units (GPUs) installed in most modern computers to solve dynamic equilibrium models in economics. In particular, we rely on the compute unified device architecture (CUDA). of NVIDIA GPUs. We illustrate the power of the approach by solving a simple real business cycle model with value function iteration. We document improvements in speed of around 200 times and suggest that even further gains are likely.
AB - This paper shows how to build algorithms that use graphics processing units (GPUs) installed in most modern computers to solve dynamic equilibrium models in economics. In particular, we rely on the compute unified device architecture (CUDA). of NVIDIA GPUs. We illustrate the power of the approach by solving a simple real business cycle model with value function iteration. We document improvements in speed of around 200 times and suggest that even further gains are likely.
UR - http://www.scopus.com/inward/record.url?scp=78650241435&partnerID=8YFLogxK
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U2 - 10.1016/j.jedc.2010.10.001
DO - 10.1016/j.jedc.2010.10.001
M3 - Article
AN - SCOPUS:78650241435
SN - 0165-1889
VL - 35
SP - 386
EP - 393
JO - Journal of Economic Dynamics and Control
JF - Journal of Economic Dynamics and Control
IS - 3
ER -