Solving the neoclassical growth model with quasi-geometric discounting: a grid-based Euler-equation method

DOI10.1007/s10614-005-1732-yzbMath1161.91451OpenAlexW2050510937MaRDI QIDQ1020517

Serguei Maliar, Lilia Maliar

Publication date: 29 May 2009

Published in: Computational Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10614-005-1732-y

zbMATH Keywords

numerical methodstime-inconsistencyneoclassical growth modelquasi-geometric (hyperbolic) discounting

Mathematics Subject Classification ID

Numerical mathematical programming methods (65K05) Economic growth models (91B62) Distributed algorithms (68W15)

Related Items (7)

Continuous Markov equilibria with quasi-geometric discounting ⋮ Ruling out multiplicity of smooth equilibria in dynamic games: a hyperbolic discounting example ⋮ Computing time-consistent equilibria: a perturbation approach ⋮ Distributional dynamics in a neoclassical growth model: the role of elastic labor supply ⋮ Markov decision processes with quasi-hyperbolic discounting ⋮ Solving the neoclassical growth model with quasi-geometric discounting: a grid-based Euler-equation method ⋮ Solving the incomplete markets model with aggregate uncertainty using the Krusell-Smith algorithm

Cites Work

• Equilibrium welfare and government policy with quasi-geometric discounting
• Solving the neoclassical growth model with quasi-geometric discounting: a grid-based Euler-equation method
• Golden Eggs and Hyperbolic Discounting
• Dynamic Choices of Hyperbolic Consumers
• Consumption-Savings Decisions with Quasi-Geometric Discounting

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