Solving the incomplete markets model with aggregate uncertainty using parameterized cross-sectional distributions

DOI10.1016/j.jedc.2009.03.010zbMath1179.91007OpenAlexW2136088457MaRDI QIDQ1046045

Olivier Allais, Yann Algan, 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://spire.sciencespo.fr/hdl:/2441/72lkhuq5cm8hqrn860asm92bvs

zbMATH Keywords

simulationsprojection methodsnumerical solutions

Mathematics Subject Classification ID

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)

Related Items (4)

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 ⋮ Solving the incomplete markets model with aggregate uncertainty using explicit aggregation ⋮ Assessing the accuracy of the aggregate law of motion in models with heterogeneous agents

Cites Work

• Solving heterogeneous-agent models with parameterized cross-sectional distributions
• Computational suite of models with heterogeneous agents: incomplete markets and aggregate uncertainty
• Comparison of solutions to the incomplete markets model with aggregate uncertainty
• Solving the incomplete markets model with aggregate uncertainty by backward induction
• Solving the incomplete markets model with aggregate uncertainty using explicit aggregation
• Algorithms and economic dynamics. Selected papers from the 2nd annual meeting of the Society for Computational Economics, Geneva, Switzerland, 1996
• Algorithms for solving dynamic models with occasionally binding constraints
• Fiscal Policy with Heterogeneous Agents and Incomplete Markets
• SOLVING DYNAMIC MODELS WITH AGGREGATE SHOCKS AND HETEROGENEOUS AGENTS

This page was built for publication: Solving the incomplete markets model with aggregate uncertainty using parameterized cross-sectional distributions