The method of endogenous gridpoints for solving dynamic stochastic optimization problems
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Publication:1929108
DOI10.1016/j.econlet.2005.09.013zbMath1254.91402MaRDI QIDQ1929108
Publication date: 7 January 2013
Published in: Economics Letters (Search for Journal in Brave)
Full work available at URL: http://www.nber.org/papers/t0309.pdf
dynamic optimization; precautionary saving; stochastic growth model; endogenous gridpoints; liquidity constraints
49L20: Dynamic programming in optimal control and differential games
90C15: Stochastic programming
91B70: Stochastic models in economics
90C39: Dynamic programming
91B62: Economic growth models
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