Upper envelope scan for dynamic discrete-continuous life cycle models.

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  • License: MIT License (Copyright (c) 2023-2025 The Upper-Envelope Authors)
  • Author: Max Blesch
  • Maintainer: Sebastian Gsell
  • Tags Dynamic programming , Econometrics , Economics , Life cycle models , Statistics
  • Requires: Python >=3.10
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Fast Upper Envelope Scan (FUES)

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Extension of the Fast Upper-Envelope Scan (FUES) for solving discrete-continuous dynamic programming problems based on Dobrescu & Shanker (2022). Both jax and numba versions are available.

References

  1. Iskhakov, Jorgensen, Rust, & Schjerning (2017). The Endogenous Grid Method for Discrete-Continuous Dynamic Choice Models with (or without) Taste Shocks. Quantitative Economics

  2. Loretti I. Dobrescu & Akshay Shanker (2022). Fast Upper-Envelope Scan for Discrete-Continuous Dynamic Programming.

Project details

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Avatar for segsell from gravatar.com segsell

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Project links
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  • License: MIT License (Copyright (c) 2023-2025 The Upper-Envelope Authors)
  • Author: Max Blesch
  • Maintainer: Sebastian Gsell
  • Tags Dynamic programming , Econometrics , Economics , Life cycle models , Statistics
  • Requires: Python >=3.10
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