A Method to Pre-compile Numerical Integrals When Solving Stochastic Dynamic Problems
نویسندگان
چکیده
Abstract We show how the interpolation step of numerical integration can be pre-compiled in partial equilibrium stochastic dynamic problems. display pre-compilation’s sufficient conditions and document its speed gains using a consumption-savings model with discrete labour choice, wage uncertainty non-labour income.
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ژورنال
عنوان ژورنال: Computational Economics
سال: 2021
ISSN: ['1572-9974', '0927-7099']
DOI: https://doi.org/10.1007/s10614-021-10221-7