#150: Optimal policy: discretionary equilibrium --------------------------+------------------------------------------------- Reporter: sebastien | Owner: sumudu Type: feature | Status: new Priority: major | Milestone: 4.3 Component: Core M-files | Version: Keywords: | --------------------------+-------------------------------------------------
Is this about the discretionary solution in nonlinear models or in a linear quadratic framework?
Junior
On Fri, Nov 12, 2010 at 3:53 PM, Trac Dynare root@dynare.org wrote:
#150: Optimal policy: discretionary equilibrium
--------------------------+------------------------------------------------- Reporter: sebastien | Owner: sumudu Type: feature | Status: new Priority: major | Milestone: 4.3 Component: Core M-files | Version: Keywords: |
--------------------------+-------------------------------------------------
-- Ticket URL: https://www.dynare.org/trac/ticket/150 Dynare http://www.dynare.org The Dynare project _______________________________________________ Dev mailing list Dev@dynare.org https://www.dynare.org/cgi-bin/mailman/listinfo/dev
It is in nonlinear model, but we should use your code for the linear case. Levine and Pearlman will also be providing their own LQ software.
Best
Michel
On 11/16/2010 1:33 PM, Junior Maih wrote:
Is this about the discretionary solution in nonlinear models or in a linear quadratic framework? Junior
On Fri, Nov 12, 2010 at 3:53 PM, Trac Dynare <root@dynare.org mailto:root@dynare.org> wrote:
#150: Optimal policy: discretionary equilibrium --------------------------+------------------------------------------------- Reporter: sebastien | Owner: sumudu Type: feature | Status: new Priority: major | Milestone: 4.3 Component: Core M-files | Version: Keywords: | --------------------------+------------------------------------------------- -- Ticket URL: <https://www.dynare.org/trac/ticket/150> Dynare <http://www.dynare.org <http://www.dynare.org/>> The Dynare project _______________________________________________ Dev mailing list Dev@dynare.org <mailto:Dev@dynare.org> https://www.dynare.org/cgi-bin/mailman/listinfo/dev-- "You can never know everything", Lan said quietly, "and part of what you know is always wrong. Perhaps even the most important part. A portion of wisdom lies in knowing that. A portion of courage lies in going on anyway." Robert Jordan, Winter's Heart, Book IX of the Wheel of Time.
We have not succeeded in answering all of our problems. The answers we have found only serve to raise a whole set of new issues. In some ways we are as confused as ever, but we believe we are confused on a higher level and about more important things. (cited in Øksendal, 1985)
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#150: Optimal policy: discretionary equilibrium ----------------------------+----------------------------------------------- Reporter: sebastien | Owner: sumudu Type: feature | Status: new Priority: major | Milestone: 4.3 Component: Optimal policy | Version: Keywords: | ----------------------------+----------------------------------------------- Changes (by sebastien):
* component: General => Optimal policy
#150: Optimal policy: discretionary equilibrium ----------------------------+----------------------------------------------- Reporter: sebastien | Owner: sumudu Type: feature | Status: new Priority: major | Milestone: 4.3 Component: Optimal policy | Version: Keywords: | ----------------------------+-----------------------------------------------
Comment(by sebastien):
New discretionary_policy command has been implemented by Junior Maih (LQ optimizer).
Need to improve the documentation of that new command.
Need also to decide if this is enough or if we want another more sophisticated algorithm.
#150: Optimal policy: discretionary equilibrium -----------------------------+---------------------------------------------- Reporter: sebastien | Owner: sumudu Type: feature | Status: closed Priority: major | Milestone: 4.3 Component: Optimal policy | Version: Resolution: fixed | Keywords: -----------------------------+---------------------------------------------- Changes (by sebastien):
* status: new => closed * resolution: => fixed
Comment:
We're fine with the LQ case for now.
-
Junior Maih -
Michel Juillard -
Trac Dynare