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Search: subject:"dynamic program- ming"
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Asset Pricing
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DSGE Models
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Maintenance
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Nonlinear Solution Methods
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Numerical Dynamic Program- ming
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Recursive Utility
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dynamic program- ming
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infinite dimensional problem
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investment
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optimal control
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Aldrich, Eric M.
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Boucekkine, Raouf
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Fabbri, Giorgio
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Gozzi, Fausto
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Kung, Howard
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Department of Economics, Adam Smith Business School
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Duke University, Department of Economics
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Computational Methods for Production-Based Asset Pricing Models with Recursive Utility
Aldrich, Eric M.
;
Kung, Howard
-
Duke University, Department of Economics
-
2010
We compare local and global polynomial solution methods for DSGE models with Epstein- Zin-Weil utility. We show that model implications for macroeconomic quantities are relatively invariant to choice of solution method but that a global method can yield substantial improve- ments for asset...
Persistent link: https://www.econbiz.de/10009148802
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Maintenance and investment: complements or substitutes? A reappraisal
Boucekkine, Raouf
;
Fabbri, Giorgio
;
Gozzi, Fausto
-
Department of Economics, Adam Smith Business School
-
2009
. Keywords: Maintenance, investment, optimal control,
dynamic
program
-
ming
, inflnite dimensional problem JEL classiflcation: E22 …
Persistent link: https://www.econbiz.de/10004999726
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