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Unbounded Markov dynamic programming with weighted supremum norm Perov contractions

Akira Toda, Alexis - In: Economic theory bulletin 12 (2024) 2, pp. 141-156

Persistent link: https://www.econbiz.de/10015177155

Discretizing nonlinear, non-Gaussian Markov processes with exact conditional moments

Farmer, Leland E.; Akira Toda, Alexis - 2016 - This version: October 26, 2016

Approximating stochastic processes by finite-state Markov chains is useful for reducing computational complexity when solving dynamic economic models. We provide a new method for accurately discretizing general Markov processes by matching low order moments of the conditional distributions using...

Persistent link: https://www.econbiz.de/10011797907

Discretizing nonlinear, non-Gaussian Markov processes with exact conditional moments

Farmer, Leland E.; Akira Toda, Alexis - In: Quantitative economics : QE ; journal of the … 8 (2017) 2, pp. 651-683

Persistent link: https://www.econbiz.de/10011801601

Discretizing nonlinear, non-Gaussian Markov processes with exact conditional moments

Farmer, Leland E.; Akira Toda, Alexis - In: Quantitative economics : QE ; journal of the … 8 (2017) 2, pp. 651-683

Persistent link: https://www.econbiz.de/10011804924

Determination of Pareto exponents in economic models driven by Markov multiplicative processes

Beare, Brendan K.; Akira Toda, Alexis - In: Econometrica : journal of the Econometric Society, an … 90 (2022) 4, pp. 1811-1833

Persistent link: https://www.econbiz.de/10013382407

Tail behavior of stopped Lévy processes with Markov modulation

Beare, Brendan K.; Seo, Won-Ki; Akira Toda, Alexis - In: Econometric theory 38 (2022) 5, pp. 986-1013

Persistent link: https://www.econbiz.de/10013469688