Computing equilibria in dynamic models with occasionally binding constraints

DOI10.1016/J.JEDC.2013.09.007zbMath1402.91344OpenAlexW2162286798MaRDI QIDQ1994308

Michael Grill, Johannes Brumm

Publication date: 1 November 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://www.zora.uzh.ch/id/eprint/102989/7/BrummGrill.pdf

zbMATH Keywords

adaptive gridoccasionally binding constraintssimplicial interpolationDelaunay interpolationnon-differentiabilities

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (3)

A general endogenous grid method for multi-dimensional models with non-convexities and constraints ⋮ Occasionally binding liquidity constraints and macroeconomic dynamics ⋮ COLLATERAL REQUIREMENTS AND ASSET PRICES

Uses Software

• CGAL
• Qhull

Cites Work

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• The method of endogenous gridpoints with occasionally binding constraints among endogenous variables
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• Algorithms for solving dynamic models with occasionally binding constraints
• The importance of the number of different agents in a heterogeneous asset-pricing model
• The method of endogenous gridpoints for solving dynamic stochastic optimization problems
• WALKING IN A TRIANGULATION
• The quickhull algorithm for convex hulls
• Stationary Equilibria in Asset-Pricing Models with Incomplete Markets and Collateral

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