Resource title

The method of endogenous gridpoints for solving dynamic stochastic optimization problems

Resource image

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Resource 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.

Resource author

Christopher D. Carroll

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/25458

Resource license

Adapt according to the presented license agreement and reference the original author.