Beyond curse of dimensionality with transition matrices

 

We now implement the column-by-column way to the model with structural changes.

 

for

for the first group of period of time

 

for the second group of period of time

.

.

.

 for the ns-th group of period of time

 

together with different parameters across groups.

 

We set non-aggregate model, aggregate model, and general model.

 

Basically, we modify the line to get v1 and indMs without expanding utility matrix.