Industrial Automatic Control Systems and Controllers Annotation << Back Algorithm of solving NGM with productivity shocks E.G. TSYLOVA, L.YA. LVOVSKIY, L.N. KROTOV Authors derived an efficient algorithm of solving for balanced growth equilibrium in NGM. The key point of algorithm was converting NGM with growth and uncertainty to classic form of NGM – recursive form without uncertainty, solving that compact well-defined problem and then replicating goal problem with obtained results. After description of the algorithm exercise of replicating USA growth 1948-2005 was performed and positive results were received. Keywords: NGM, NGGS, Markov chain, productivity shocks, algorithm. Contacts: lenajasha@rambler.ru Pp. 29-31.