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Rewrite the neoclassical growth model as a root finding problem #2

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jlperla opened this issue Aug 28, 2017 · 1 comment
Open

Rewrite the neoclassical growth model as a root finding problem #2

jlperla opened this issue Aug 28, 2017 · 1 comment

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@jlperla
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jlperla commented Aug 28, 2017

After #1 is complete, you will see that the method uses an iterative step to update the value function. This works, but in principle the derivative information could provide better convergence of the model (and enable writing it in a way that can be extended).+

To do this, we first need to rewrite this as a system of equations in the vector V where a solution is given if the stacked equations are all close to 0. Unlike the existing code, which solves a linear system, this will be written as a nonlinear system of equations).

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jlperla commented Aug 30, 2017

Put the latex details in /docs/HJBE_discretization.tex

@jlperla jlperla assigned sariwxy and unassigned stevenzhangdx Sep 25, 2017
@jlperla jlperla changed the title Rewrite the neoclassical growth model (deterministic and then with diffusion) as a root finding problem Rewrite the neoclassical growth model as a root finding problem Sep 27, 2017
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