Comparing accuracy of second-order approximation and dynamic programming
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Publication:2385188
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Cites work
- scientific article; zbMATH DE number 1241609 (Why is no real title available?)
- Accuracy in Simulations
- Accuracy of stochastic perturbation methods: The case of asset pricing models
- Adaptive spline interpolation for Hamilton-Jacobi-Bellman equations
- Algorithms for solving dynamic models with occasionally binding constraints
- An adaptive grid scheme for the discrete Hamilton-Jacobi-Bellman equation
- Analysis of a Numerical Dynamic Programming Algorithm Applied to Economic Models
- Introduction to stochastic control theory
- Optimal fiscal and monetary policy under sticky prices.
- Optimal taxation in an RBC model: A linear-quadratic approach
- Solving dynamic general equilibrium models using a second-order approximation to the policy function
- Using dynamic programming with adaptive grid scheme for optimal control problems in economics
Cited in
(14)- Linearization and higher-order approximations: How good are they? Results from an endogeneous growth model with public capital
- Accuracy of Numerical Solutions Using the Euler Equation Residuals
- Second-order approximation of dynamic models without the use of tensors
- Asset pricing with loss aversion
- How misleading is linearization? Evaluating the dynamics of the neoclassical growth model
- Strict dissipativity for discrete time discounted optimal control problems
- Global dynamics in a model with search and matching in labor and capital markets
- Solving dynamic general equilibrium models using a second-order approximation to the policy function
- Asset pricing with dynamic programming
- The real consequences of financial stress
- Estimating a banking-macro model using a multi-regime VAR
- Calculating and using second-order accurate solutions of discrete time dynamic equilibrium models
- Second-order approximation of dynamic models with time-varying risk
- Beating a Benchmark: Dynamic Programming May Not Be the Right Numerical Approach
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