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...

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Bibliographic Details
Main Author: Grasl, Tobias
Published: Birkbeck (University of London) 2017
Subjects:
339
Online Access:https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.715365

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