Is there a simple way of extending the Stochastic Growth Model with one extra control variable?
The brent_max optimizer only takes in one free variable?
Would be interesting to add variable which represent the decision of having capital placed in risky-asset vs capital in fixed income.
Guess, the first change will be to set the Cobb-Douglas function to a linear production function.
And just optimize the value function with respect to consumption and asset-share?