A User's Guide to the Numerical Solution of Two-Point Boundary Value Problems Arising in Continuous Time Dynamic Economic Models
AbstractThis paper reviews commonly used numerical methods of solving two-point boundary value problems which frequently arise in economics. Since these problems are often too complex to solve analytically, and since phase diagrams yield limited insights, these numerical methods are a useful addition to the economist's tool kit. Attention is focused on easily obtained algorithms. Citation Copyright 1993 by Kluwer Academic Publishers.
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Bibliographic InfoArticle provided by Society for Computational Economics in its journal Computational Economics.
Volume (Year): 6 (1993)
Issue (Month): 3-4 (November)
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- Thorsten Wichmann, 1995. "Food Consumption and Growth in a Two Sector Economy - A Theoretical Model and Numerical Simulations," Berlecon Research Papers 0001, Berlecon Research.
- Mercedes Esteban-Bravo & Jose M. Vidal-Sanz, 2004.
"Computing Continuous-Time Growth Models With Boundary Conditions Via Wavelets,"
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