A solution method for consumption decisions in a dynamic stochastic general equilibrium model

DOI10.1016/S0165-1889(99)00038-XMaRDI QIDQ1978606zbMATH OpenFDO

Authors J. A. Sefton

Publication date 4 June 2000

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

zbMATH Keywords

fine gridconsumer's life-cycle problem

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) General equilibrium theory (91B50)

Recommendations

• The method of endogenous gridpoints for solving dynamic stochastic optimization problems
• The endogenous grid method for discrete-continuous dynamic choice models with (or without) taste shocks
• Solution of nonlinear rational expectations models with applications to finite-horizon life-cycle models of consumption
• A generalization of the endogenous grid method
• Comparing solution methods for dynamic equilibrium economies

Cites work

• scientific article; zbMATH DE number 48691 (Why is no real title available?)
• A comparison of numerical and analytic approximate solutions to an intertemporal consumption choice problem
• Accuracy in Simulations
• Cubic convolution interpolation for digital image processing

Cited in

(5)

• scientific article; zbMATH DE number 1366600 (Why is no real title available?)
• COMPUTATION OF BUSINESS CYCLE MODELS: A COMPARISON OF NUMERICAL METHODS
• An approximate consumption function
• Solving the neoclassical growth model with quasi-geometric discounting: a grid-based Euler-equation method
• Numerical solution of dynamic quantile models

This page was built for publication: A solution method for consumption decisions in a dynamic stochastic general equilibrium model

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1978606)