@techreport{Carroll2005method,
abstract = {This paper introduces a method for solving numerical dynamic stochastic optimization problems that avoids rootfinding operations. The idea is applicable to many microeconomic and macroeconomic problems, including life cycle, buffer-stock, and stochastic growth problems. Software is provided.},
address = {Frankfurt, Main},
author = {Christopher D. Carroll},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {C6; D9; E2; 330; Dynamic optimization; precautionary saving; stochastic growth model; endogenous gridpoints; liquidity constraints; Stochastischer Prozess; Mathematische Optimierung; Theorie},
language = {eng},
number = {2005/18},
publisher = {Center for Financial Studies},
title = {The method of endogenous gridpoints for solving dynamic stochastic optimization problems},
type = {CFS Working Paper},
url = {http://hdl.handle.net/10419/25458},
year = {2005}
}
