Solving the incomplete markets model with aggregate uncertainty using the Krusell-Smith algorithm

DOI10.1016/j.jedc.2009.03.009zbMath1179.91009MaRDI QIDQ1046042

Fernando Valli, Serguei Maliar, Lilia Maliar

Publication date: 21 December 2009

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2009.03.009

zbMATH Keywords

heterogeneous agents; simulations; numerical solutions; dynamic stochastic models; aggregate uncertainty; Euler-equation methods

Mathematics Subject Classification ID

91B64: Macroeconomic theory (monetary models, models of taxation)

91-08: Computational methods for problems pertaining to game theory, economics, and finance

91B51: Dynamic stochastic general equilibrium theory

91B69: Heterogeneous agent models

Related Items

Solving the multi-country real business cycle model using a monomial rule Galerkin method, Comparison of solutions to the incomplete markets model with aggregate uncertainty, Adaptive learning and distributional dynamics in an incomplete markets model

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