Posts

Introduction In this blog post, I am going to present my recent work on the bias-corrected Monte Carlo operator, or more compactly …
10 min read

Introduction Recently, I came across a simple question that led me through a quite interesting rabbit hole. The question is very simple …
21 min read

Introduction The curse of dimensionality is at the heart of dynamic programming. And dynamic programming is the cornerstone of modern …
10 min read

Introduction In a previous post, I discussed why Artificial Neural Networks (ANN) are very popular tools: (i) they can approximate a …
19 min read

Introduction Artificial Neural networks (ANN) are very trendy at the moment, and rightly so. They are being used everywhere in big tech …
12 min read

Introduction Solving economic models involves (i) finding the optimal response of individuals given the state of the economy (the …
8 min read

Introduction The Bewley-Huggett-Aiyagari-Imohoroğlu economies are the workhorse of modern macroeconomics. In these economies, markets …
15 min read

In a previous post I presented the BKM algorithm , which can used to approximate solutions of macroeconomic models with aggregate …
9 min read

This notebook builds upon what has been described in Part I. In Part I, we introduced the linear–quadratic regulator (LQR) framework in …
9 min read

The two main goals of this blog post is to introduce what the linear–quadratic regulator (LQR) framework is and to show how to solve …
10 min read