A Comparison of Programming Languages in Economics (16 Jun 2014) 计算机科学

A Comparison ofProgramming Languagesin Economics∗S. Borağan Aruoba†University of MarylandJesús Fernández-Villaverde‡University of PennsylvaniaJune 16, 2014AbstractWe solve the stochastic neoclassical growth model, the workhorse of mod- ern macroeconomics, using C++11, Fortran 2008, Java, Julia, Python, Matlab, Mathematica, and R. We implement the same algorithm, value function iteration with grid search, in each of the languages. We report the execution times of the codes in a Mac and in a Wind