SMOOTH DYNAMICS AND COMPUTATION IN MODELS OF ECONOMIC-GROWTH

被引：13

作者：

SANTOS, MS

机构：

[1] Universidad Carlos III de Madrid, 28903 Getafe, Madrid

来源：

JOURNAL OF ECONOMIC DYNAMICS & CONTROL | 1994年 / 18卷 / 3-4期

关键词：

DYNAMIC PROGRAMMING; VALUE AND POLICY FUNCTIONS; COMPUTATION; ECONOMIC GROWTH MODELS;

D O I：

10.1016/0165-1889(94)90036-1

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper we give an overview of the differentiability properties of the value and policy functions of dynamic programming. Based upon the differentiability analysis, we also derive approximation estimates for the value and policy functions of a discretized model amenable to the computation of optimal solutions.

引用

页码：879 / 895

页数：17

共 41 条

[1] THE ONCE BUT NOT TWICE DIFFERENTIABILITY OF THE POLICY FUNCTION [J].