Application of Weighted Residual Methods to Dynamic Economic Models, Finite Element Methods
This code supports the text in Ellen McGrattan, Application of Weighted Residual Methods to Dynamic Economic Models, in Ramon Marimon and Andrew Scott (eds), Computational Methods for the Study of Dynamic Economies, Chapter 6, Oxford University Press. This chapter describes the weighted residual method and the finite element method: Both can be used to approximate value functions, when it is impossible to derive the analytical solution. (This can happen when the Bellman equation is complicated).
|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://dge.repec.org/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:dge:qmrbcd:126. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christian Zimmermann)
If references are entirely missing, you can add them using this form.