A power transformation W=V^(1-rho) makes the Epstein-Zin Euler equation invertible in closed form, yielding a root-finding-free endogenous grid method with large speed and accuracy gains.
David M Kreps and Evan L Porteus
1 Pith paper cite this work, alongside 37 external citations. Polarity classification is still indexing.
1
Pith paper citing it
37
external citations · OpenAlex
fields
econ.GN 1years
2026 1verdicts
CONDITIONAL 1representative citing papers
citing papers explorer
-
The Endogenous Grid Method for Epstein-Zin Preferences
A power transformation W=V^(1-rho) makes the Epstein-Zin Euler equation invertible in closed form, yielding a root-finding-free endogenous grid method with large speed and accuracy gains.