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A General Endogenous Grid Method for Multi-Dimensional Models with Non-Convexities and Constraints
Jeppe Druedahl
,
Thomas Høgholm Jørgensen
8
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Keyphrases
Non-convexity
100%
Multidimensional Model
100%
Endogenous Grid Method
100%
Liquid Assets
20%
Continuous States
20%
Speed Gain
20%
Continuous Choice
20%
Solution Method
20%
Dynamic Programming Problem
20%
Root Finding
20%
Retirement Choice
20%
Stochastic Dynamic Programming
20%
Pension Assets
20%
Discrete Choice Experiment
20%
Occasionally Binding Constraints
20%
Economics, Econometrics and Finance
Dynamic Programming
100%