Solution of continuous-time dynamic models with inequality constraints

DOI10.1016/J.ECONLET.2013.02.026MaRDI QIDQ2439802zbMATH OpenOpenAlexFDO

Authors Timo Trimborn

Publication date 17 March 2014

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2013.02.026

zbMATH Keywords

continuous-time dynamic modelsinequality constraintRamsey modeltransitional dynamics

Mathematics Subject Classification ID

Economic dynamics (91B55) Economic growth models (91B62)

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Cites work

• MULTIDIMENSIONAL TRANSITIONAL DYNAMICS: A SIMPLE NUMERICAL PROCEDURE
• Solution of perfect foresight saddlepoint problems: a simple method and applications.
• The method of endogenous gridpoints for solving dynamic stochastic optimization problems
• The method of endogenous gridpoints with occasionally binding constraints among endogenous variables

Cited in

(9)

• Algorithms for solving dynamic models with occasionally binding constraints
• On the analysis of endogenous growth models with a balanced growth path
• Numerical solution of dynamic equilibrium models under Poisson uncertainty
• Computing time-consistent equilibria: a perturbation approach
• An envelope method for solving continuous-time stochastic models with occasionally binding constraints
• MULTIDIMENSIONAL TRANSITIONAL DYNAMICS: A SIMPLE NUMERICAL PROCEDURE
• The relaxation of complementary slackness conditions in dynamic general equilibrium models
• Dynamics with Inequalities
• The legacy of policy inaction in climate-growth models

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