A Guide on Solving Non-convex Consumption-Saving Models
Sign Up to like & getrecommendations! Published in 2020 at "Computational Economics"
DOI: 10.1007/s10614-020-10045-x
Abstract: Consumption-saving models with adjustment costs or discrete choices are typically hard to solve numerically due to the presence of non-convexities. This paper provides a number of tools to speed up the solution of such models.… read more here.
Keywords: guide solving; saving models; non convex; consumption ... See more keywords