Solving the incomplete markets model with aggregate uncertainty using explicit aggregation
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Publication:1046047
DOI10.1016/j.jedc.2008.12.008zbMath1179.91014OpenAlexW3121620056MaRDI QIDQ1046047
Pontus Rendahl, Wouter J. Den Haan
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.2008.12.008
Macroeconomic theory (monetary models, models of taxation) (91B64) Computational methods for problems pertaining to game theory, economics, and finance (91-08) Dynamic stochastic general equilibrium theory (91B51) Heterogeneous agent models (91B69)
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Cites Work
- Solving heterogeneous-agent models with parameterized cross-sectional distributions
- Computational suite of models with heterogeneous agents: incomplete markets and aggregate uncertainty
- Solving the incomplete markets model with aggregate uncertainty by backward induction
- Solving the incomplete markets model with aggregate uncertainty using parameterized cross-sectional distributions
- Assessing the accuracy of the aggregate law of motion in models with heterogeneous agents
- The method of endogenous gridpoints for solving dynamic stochastic optimization problems