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    • Approximating highdimensional dynamic models: Sieve value function iteration 

      Arcidiacono, Peter S; Bayer, Patrick; Bugni, Federico A; James, Jon (Advances in Econometrics, 2013-01-01)
      Many dynamic problems in economics are characterized by large state spaces which make both computing and estimating the model infeasible. We introduce a method for approximating the value function of highdimensional dynamic ...