Comments Welcome Lecture Notes On Solution Methods for Representative Agent Dynamic Stochastic Optimization Problems

نویسنده

  • Christopher D. Carroll
چکیده

These lecture notes sketch a set of techniques that are useful in solving representative agent dynamic stochastic optimization problems. I make no attempt at a systematic overview of the many possible technical choices; instead, the notes present a very specific set of methods and techniques. Associated with these notes is a set of Mathematica programs that solve the problems described in the text. Both text and programs are available on my home page, http://econ.jhu.edu/People/Carroll. These notes were originally written for my Advanced Topics in Macroeconomic Theory class at Johns Hopkins University. Department of Economics, Johns Hopkins University, Baltimore, MD 212182685, 410-516-7602 (office), 410-516-7600 (fax).

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Lecture Notes On Solution Methods for Representative Agent Dynamic Stochastic Optimization Problems

These lecture notes sketch a set of techniques that are useful in solving representative agent dynamic stochastic optimization problems. I make no attempt at a systematic overview of the many possible technical choices; instead, the notes present a very specific set of methods and techniques. Associated with these notes is a set of Mathematica programs that solve the problems described in the t...

متن کامل

Dynamic Models : single agent problems ∗ Spring 2009 1 Rust ( 1987 ) : “ Optimal Replacement of GMC Bus Engines : An Empirical Model of Harold Zurcher ”

Single-agent dynamic optimization models. In these lecture notes we consider specification and estimation of dynamic optimization models. Focus on single-agent models. • Rust (1987) is one of the first papers in this literature. Model is quite simple, but empirical framework introduced in this paper for dynamic discrete-choice (DDC) models is still widely applied. • Agent is Harold Zurcher, man...

متن کامل

Solution Methods for Microeconomic Dynamic Stochastic Optimization Problems

These notes describe some tools for solving microeconomic dynamic stochastic optimization problems, and show how to use those tools for effeciently estimating a standard life cycle consumption/saving model using microeconomic data. No attempt is made at a systematic overview of the many possible technical choices; instead, I present a specific set of methods that have proven useful in my own wo...

متن کامل

Lecture Notes on Approximation Algorithms Volume I

These lecture notes are based on the course CS351 (Dept. of Computer Science, Stanford University) o ered during the academic year 1991-92. The notes below correspond to the rst half of the course. The second half consists of topics such as MAX SNP, cliques, and colorings, as well as more specialized material covering topics such as geometric problems, Steiner trees and multicommodity ows. The ...

متن کامل

Lecture notes for Macroeconomics I , 2004

Please do NOT distribute without permission! Comments and suggestions are welcome. 1 2 Chapter 1 Introduction These lecture notes cover a one-semester course. The overriding goal of the course is to begin provide methodological tools for advanced research in macroeconomics. The emphasis is on theory, although data guides the theoretical explorations. We build entirely on models with microfounda...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2008