This code solves the Krusell-Smith heterogeneous-agent model using the Euler method. It was written by Marc Maliar and Serguei Maliar following the JME paper (link). The code is presented in the style ...
This paper mainly presents Euler method and fourth-order Runge Kutta Method (RK4) for solving initial value problems (IVP) for ordinary differential equations (ODE). The two proposed methods are quite ...
ABSTRACT: This paper mainly presents Euler method and fourth-order Runge Kutta Method (RK4) for solving initial value problems (IVP) for ordinary differential equations (ODE). The two proposed methods ...
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