Cake Eating Lecture with Variable Labor

I am trying to extend the Cake Eating lecture to allow for labor supply, but I am facing some difficulties with the value function iteration. Is there any other lecture/notebook that explain how to setup the code when you have more than one control variable. Thanks in advance

Hi @aorestrup , good question. Strangely enough, we don’t have any material on savings models with endogenous labor choice. It would be good to rectify this. Unfortunately I’m tied up on too many projects and can’t do this right now.

If you post your code, someone (including me) might take a look at it and suggest some changes…?

Thanks @john.stachurski. I will get my preliminary code in better shape and share here. Thanks again for your quick reply

thanks for the awesome information.