The art of the possible : tools and methods for solving models with substantial heterogeneity
Macroeconomic models with rational, heterogeneous agents offer the opportunity to study both individual and aggregate economic outcomes, and the interaction between the two. Solving such models is diffcult: the non-trivial problem of solving a maximisation problem in the presence of uncertainty is c...
| Main Author: | |
|---|---|
| Published: |
Birkbeck (University of London)
2017
|
| Subjects: | |
| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.715365 |