| package_sgmodel {sgmodel} | R Documentation |
sgmodel: A package for computating the solutions to a generic stochastic growth model.
Description
The sgmodel package provides three important functions:
sgmod, util and Markovmoments.
The sgmodel function
The sgmodel function solves a standard stochastic growth model using value function iteration. The stochastic component follows an autoregressive process of order one, and is discretized by a finite state Markov process.
The util function
It computes values for various uility functions encountered in economic theory.
The Markovmoments function
It computes the four moments of a finite state Markov chain: expectation, variance, autocovariance and autocorrelation.
[Package sgmodel version 0.1.2 Index]