Carroll, Christopher D. - Center for Financial Studies - 2005
No. 2005/18
The Method of Endogenous Gridpoints
for Solving Dynamic Stochastic
Optimization Problems … Endogenous Gridpoints
for Solving Dynamic Stochastic Optimization Problems*
Christopher D. Carroll
1
July 28, 2005 … optimization, precautionary saving, stochastic growth model,
endogenous gridpoints, liquidity constraints
1 The Problem
Consider …
