NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Kenneth L. Judd

Hoover Institution
Stanford University
Stanford, CA 94305-6010
Tel: 650/723-5866
Fax: 650/723-1687

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
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NBER Program Affiliations: PE
NBER Affiliation: Research Associate

NBER Working Papers and Publications

September 2015A Nonlinear Certainty Equivalent Approximation Method for Dynamic Stochastic Problems
with Yongyang Cai, Jevgenijs Steinbuks: w21590

Published: Yongyang Cai & Kenneth Judd & Jevgenijs Steinbuks, 2017. "A nonlinear certainty equivalent approximation method for dynamic stochastic problems," Quantitative Economics, vol 8(1), pages 117-147.

May 2014A Big Data Approach to Optimal Sales Taxation
with Christian Baker, Jeremy Bejarano, Richard W. Evans, Kerk L. Phillips: w20130
August 2013Smolyak Method for Solving Dynamic Economic Models: Lagrange Interpolation, Anisotropic Grid and Adaptive Domain
with Lilia Maliar, Serguei Maliar, Rafael Valero: w19326

Published: Judd, Kenneth L. & Maliar, Lilia & Maliar, Serguei & Valero, Rafael, 2014. "Smolyak method for solving dynamic economic models: Lagrange interpolation, anisotropic grid and adaptive domain," Journal of Economic Dynamics and Control, Elsevier, vol. 44(C), pages 92-123. citation courtesy of

May 2013Nonlinear Programming Method for Dynamic Programming
with Yongyang Cai, Thomas S. Lontzek, Valentina Michelangeli, Che-Lin Su: w19034

Published: Cai, Yongyang & Judd, Kenneth L. & Lontzek, Thomas S. & Michelangeli, Valentina & Su, Che-Lin, 2017. "A Nonlinear Programming Method For Dynamic Programming," Macroeconomic Dynamics, Cambridge University Press, vol. 21(02), pages 336-361, March. citation courtesy of

January 2013Numerical Solution of Dynamic Portfolio Optimization with Transaction Costs
with Yongyang Cai, Rong Xu: w18709
The Social Cost of Stochastic and Irreversible Climate Change
with Yongyang Cai, Thomas S. Lontzek: w18704
Solving Dynamic Programming Problems on a Computational Grid
with Yongyang Cai, Greg Thain, Stephen J. Wright: w18714

Published: Yongyang Cai & Kenneth Judd & Greg Thain & Stephen Wright, 2015. "Solving Dynamic Programming Problems on a Computational Grid," Computational Economics, Society for Computational Economics, vol. 45(2), pages 261-284, February. citation courtesy of

November 2012Dynamic Programming with Hermite Approximation
with Yongyang Cai: w18540

Published: Mathematical Methods of Operations Research June 2015, Volume 81, Issue 3, pp 245-267 Date: 13 Feb 2015 Dynamic programming with Hermite approximation Yongyang Cai, Kenneth L. Judd citation courtesy of

Merging Simulation and Projection Approaches to Solve High-Dimensional Problems
with Lilia Maliar, Serguei Maliar: w18501

Published: Merging simulation and projection approaches to solve high-dimensional problems with an application to a new Keynesian model Lilia Maliar1 andSerguei Maliar2,† Article first published online: 27 MAR 2015 DOI: 10.3982/QE364 Quantitative Economics Volume 6, Issue 1, pages 1–47, March 2015

September 2012Continuous-Time Methods for Integrated Assessment Models
with Yongyang Cai, Thomas S. Lontzek: w18365
September 2011How to Solve Dynamic Stochastic Models Computing Expectations Just Once
with Lilia Maliar, Serguei Maliar: w17418
January 2011One-node Quadrature Beats Monte Carlo: A Generalized Stochastic Simulation Algorithm
with Lilia Maliar, Serguei Maliar: w16708

Published: Kenneth L. Judd, Lilia Maliar and Serguei Maliar, (2011). “Numerically Stable and Accurate Stochastic Simulation Methods for Solving Dynamic Models" and "Supplement", Quantitative Economics 2, 173-210.

August 2010Solving the Multi-Country Real Business Cycle Model Using Ergodic Set Methods
with Serguei Maliar, Lilia Maliar: w16304

Published: Maliar, Serguei & Maliar, Lilia & Judd, Kenneth, 2011. "Solving the multi-country real business cycle model using ergodic set methods," Journal of Economic Dynamics and Control, Elsevier, vol. 35(2), pages 207-228, February. citation courtesy of

May 2010A Cluster-Grid Projection Method: Solving Problems with High Dimensionality
with Lilia Maliar, Serguei Maliar: w15965
August 2009Numerically Stable Stochastic Simulation Approaches for Solving Dynamic Economic Models
with Lilia Maliar, Serguei Maliar: w15296

Published: Kenneth L. Judd, Lilia Maliar and Serguei Maliar, (2011). “Numerically Stable and Accurate Stochastic Simulation Methods for Solving Dynamic Models" and "Supplement", Quantitative Economics 2, 173-2010.

January 2005Avoiding the Curse of Dimensionality in Dynamic Stochastic Games
with Ulrich Doraszelski: t0304
February 2001Asymptotic Methods for Asset Market Equilibrium Analysis
with Sy-Ming Guu: w8135

Published: Judd, Kenneth L. and Sy-Ming Guu. “Asymptotic Methods for Asset Market Equilibrium Analysis." Economic Theory 18 (2001): 127-157. citation courtesy of

April 1997The Optimal Tax Rate for Capital Income is Negative
w6004
February 1997Solving Large Scale Rational Expectations Models
with Jess Gaspar: t0207

Published: Gaspar, Jess and Kenneth L. Judd. "Solving Large-Scale Rational-Expectations Models," Macroeconomic Dynamics, 1997, v1(1,Jan), 45-75.

Computational Economics and Economic Theory: Substitutes or Complements
t0208

Published: Judd, Kenneth L. "Computational Economics And Economic Theory Substitutes Or Complements?," Journal of Economic Dynamics and Control, 1997, v21(6,Jun), 907-942.

December 1987Liquidity Constraints, Fiscal Policy, and Consumption
with R. Glenn Hubbard: r0943

Published: Hubbard, R. Glenn and Kenneth L. Judd. "Liquidity Constraints, Fiscal Policy, and Consumption," Brookings Papers on Economic Activity, Vol. 1986, No. 1, Spring 1986, pp. 1-51.

February 1987Finite Lifetimes, Borrowing Constraints, and Short-Run Fiscal Policy
with R. Glenn Hubbard: w2158
October 1985Social Security and Individual Welfare: Precautionary Saving, LiquidityConstraints, and the Payroll Tax
with R. Glenn Hubbard: w1736

Published: Hubbard, R. Glenn and Kenneth L. Judd. "Social Security and Individual Welfare: Precautionary Saving, Borrowing Constraints, and the Payroll Tax," American Economic Review, Vol. 77, No. 4, 1987, pp. 630-646.

 
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