4 problems

Let $V_N$ be the estimated value-function approximation and let $V_0$ be its population counterpart. The paper establishes a weak convergence result for the smoothed approximation,…

Suppose the value-function estimator $V_N(z,\lambda)$ and the population value function are sufficiently smooth, and let $\lambda$ be the smoothing parameter. The derived rate for…

Let $\mathcal{Z}$ denote the support of the state variable $Z_t$. The paper's assumptions and arguments establish the subsequent results under bounded support for $\mathcal{Z}$. Un…

The self-approximating method uses a marginal importance sampler, and some simulated draws may fall outside the support of $Z_t\mid Z_{t-1}=z$ for a given $z$, so they are not used…