Overview

is-solver

This is the readme for is-solver, a dynamic program solver which solves a my particular dynamic program. Particularly, it solves my capital structure model with permanent and transitory shocks.

Note

See my website, <www.econsteve.com>;, for more documentation.

Theory

The theory of this is mainly inspired by several papers.

  1. DeAngelo, DeAngelo, and Whited 2011 - this describes the adjustment-cost based models of capital structure
  2. Strebulaev and Gorbenko 2011 - this describes permanent and transitory shocks in a different sort of capital structure model

Code

The code for this project is mainly based on the solve*.cpp files. The project depends on Eigen.