Computational suite of models with heterogeneous agents: Incomplete markets and aggregate uncertainty |
| |
| Authors: | Wouter J Den Haan Kenneth L Judd Michel Juillard |
| |
| Institution: | aUniversity of Amsterdam and CEPR, Netherlands;bStanford University and NBER, USA;cCEPREMAP and University Paris 8, France |
| |
| Abstract: | This paper describes the first model considered in the computational suite project that compares different numerical algorithms. It is an incomplete markets economy with a continuum of agents and an inequality (borrowing) constraint. |
| |
| Keywords: | Numerical solutions Simulations Approximations |
| 本文献已被 ScienceDirect 等数据库收录！ |
