The method of endogenous gridpoints for solving dynamic stochastic optimization problems
By: Christopher D. Carroll.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 309; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 309.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Stochastic analysis.; Mathematical optimization.; Mathematical models.
Description: "This paper introduces a method for solving numerical dynamic stochastic optimization problems that avoids rootfinding operations.  The idea is applicable to many microeconomic and macroeconomic problems, including life cycle, buffer-stock, and stochastic growth problems.  Software is provided"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 6/16/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.