LQ Control¶

Lectures¶

• LQ Control: Foundations
  • Overview
  • Introduction
  • Optimality – Finite Horizon
  • Implementation
  • Extensions and Comments
  • Further Applications
  • Exercises
  • Solutions
• The Permanent Income Model
  • Overview
  • The Savings Problem
  • Alternative Representations
  • Two Classic Examples
  • Further Reading
  • Appendix: The Euler Equation
• Permanent Income II: LQ Techniques
  • Overview
  • Setup
  • The LQ Approach
  • Implementation
  • Two Example Economies
• Production Smoothing via Inventories
  • Overview
  • Example 1
  • Inventories Not Useful
  • Inventories Useful but are Hardwired to be Zero Always
  • Example 2
  • Example 3
  • Example 4
  • Example 5
  • Example 6
  • Exercises