Search Results - subject:"Adaptive grid"

Adaptive grids for the estimation of dynamic models

Lanz, Andreas; Reich, Gregor; Wilms, Ole - In: Quantitative Marketing and Economics 20 (2022) 2, pp. 179-238

This paper develops a method to flexibly adapt interpolation grids of value function approximations in the estimation of dynamic models using either NFXP (Rust, Econometrica: Journal of the Econometric Society, 55, 999–1033, 30 ) or MPEC (Su & Judd, Econometrica: Journal of the...

Persistent link: https://www.econbiz.de/10015327427

Adaptive grids for the estimation of dynamic models

Lanz, Andreas U.; Reich, Gregor; Wilms, Ole - In: Quantitative marketing and economics : QME 20 (2022) 2, pp. 179-238

Persistent link: https://www.econbiz.de/10013455911

Merging simulation and projection approaches to solve high-dimensional problems with an application to a new Keynesian model

Maliar, Lilia; Maliar, Serguei - In: Quantitative Economics 6 (2015) 1, pp. 1-47

We introduce a numerical algorithm for solving dynamic economic models that merges stochastic simulation and projection approaches: we use simulation to approximate the ergodic measure of the solution, we cover the support of the constructed ergodic measure with a fixed grid, and we use...

Persistent link: https://www.econbiz.de/10011599670

Merging simulation and projection approaches to solve high-dimensional problems with an application to a new Keynesian model

Maliar, Lilia; Maliar, Serguei - In: Quantitative economics : QE ; journal of the … 6 (2015) 1, pp. 1-47

Persistent link: https://www.econbiz.de/10011757628

Asset Pricing with Delayed Consumption Decisions

Semmler, Willi; Grüne, Lars - Society for Computational Economics - SCE - 2004

paper a stochastic version of a dynamic programming method with adaptive grid scheme is applied to compute the above …

Persistent link: https://www.econbiz.de/10005537616