The endogenous grid method for discrete-continuous dynamic choice models with (or without) taste shocks (Q4586246)
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scientific article; zbMATH DE number 6935764
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English | The endogenous grid method for discrete-continuous dynamic choice models with (or without) taste shocks |
scientific article; zbMATH DE number 6935764 |
Statements
The endogenous grid method for discrete-continuous dynamic choice models with (or without) taste shocks (English)
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12 September 2018
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life-cycle model
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discrete and continuous choice
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Bellman equation
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Euler equation
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retirement choice
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endogenous grid-point method
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nested fixed point algorithm
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extreme value taste shocks
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smoothed max function
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structural estimation
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