Structural modeling of economic choices of heterogeneous agents

Materials

The following list of links filter and update content in the table below.

Material Authors Abstract

Alternative Combos Of Parameter Values

  • DemARK
  • Demonstration
  • Assignment
  • Notebook
  • Carroll

Alternative Combinations of Parameter Values

Blanchardpa2019

  • REMARK
  • Replication
  • Acalin

Theoretical Foundations of Buffer Stock Saving

  • REMARK
  • Reproduction
  • Carroll

This paper builds theoretical foundations for rigorous and intuitive understanding of 'buffer stock' saving models, pairing each theoretical result with a quantitative exploration. After describing conditions under which the consumption...

REMARK: Consumption and Portfolio Choice Over the Life Cycle

  • REMARK
  • Velásquez-Giraldo
  • Zahn

This REMARK is an attempt to reproduce the main results of Cocco, Gomes, & Maenhout (2005), 'Consumption and Portfolio Choice Over the Life Cycle' (https://academic.oup.com/rfs/article-abstract/18/2/491/1599892)

Carroll_1997_qje

  • REMARK
  • Carroll
  • Yusuf
  • Son

Change Liq Constr

  • DemARK
  • Demonstration
  • Notebook
  • Carroll

What Happens To the Consumption Function When A Liquidity Constraint is Tightened?

Chinese Growth

  • DemARK
  • Demonstration
  • Notebook
  • Carroll

Do Precautionary Motives Explain China's High Saving Rate?

DCEGM-Upper-Envelope

  • DemARK
  • Demonstration
  • Notebook
  • Carroll

DCEGM Upper Envelope

DiamondOLG

  • DemARK
  • Demonstration
  • Notebook
  • Carroll

The Diamond OLG Model

EndogenousRetirement

  • REMARK

FisherTwoPeriod

  • DemARK
  • Demonstration
  • Teaching
  • Notebook
  • Carroll

The Fisher Two-Period Optimal Consumption Problem

Ganongnoelui

  • REMARK
  • Replication

Gentle-Intro-To-HARK-Buffer-Stock-Model

  • DemARK
  • Demonstration
  • Tutorial
  • Teaching
  • Notebook
  • Carroll

A Gentle Introduction to Buffer Stock Saving

Gentle-Intro-To-HARK-PerfForesightCRRA

  • DemARK
  • Demonstration
  • Tutorial
  • Notebook
  • Carroll

A Gentle Introduction to HARK In Perfect Foresight

IncExpectationExample

  • DemARK
  • Demonstration
  • Notebook
  • Carroll

The Persistent Shock Model and Income Expectations

KeynesFriedmanModigliani

  • DemARK
  • Demonstration
  • Teaching
  • Notebook
  • Carroll

Introduction: Keynes, Friedman, Modigliani

KrusellSmith

  • REMARK
  • Replication

LifeCycleModelTheoryVsData

  • DemARK
  • Demonstration
  • Notebook
  • Carroll

The Life Cycle Model: Theory vs Data

Liquidity Constraints and Precautionary Saving

  • REMARK
  • Reproduction
  • Carroll
  • Kimball
  • Holm

We provide the analytical explanation of strong interactions between precautionary sav- ing and liquidity constraints that are regularly observed in numerical solutions to consump- tion/saving models. The effects of constraints...

MPC-Out-of-Credit-vs-MPC-Out-of-Income

  • DemARK
  • Demonstration
  • Notebook
  • Carroll

The MPC out of Credit vs the MPC Out of Income

Micro-and-Macro-Implications-of-Very-Impatient-HHs

  • DemARK
  • Demonstration
  • Notebook
  • Carroll

Micro- and Macroeconomic Implications of Very Impatient Households

Nondurables-During-Great-Recession

  • DemARK
  • Demonstration
  • Notebook
  • Carroll

Spending on Nondurables During the Great Recession

Modeling the Consumption Response to the CARES Act

  • REMARK
  • Notebook
  • Carroll
  • Crawley
  • Slacalek
  • White

To predict the effects of the 2020 U.S. CARES Act on consumption, we extend a model that matches responses of households to past consumption stimulus packages. The extension allows us...

PerfForesightCRRA-Approximation

  • DemARK
  • Demonstration
  • Teaching
  • Notebook
  • Carroll

Perfect Foresight CRRA Model - Approximation

PerfForesightCRRA-SavingRate

  • DemARK
  • Demonstration
  • Teaching
  • Notebook
  • Carroll

Perfect Foresight CRRA Model - Savings Rate

PortfolioChoiceBlogPost

  • REMARK
  • Replication
  • Notebook
  • Blog

Solvingmicrodsops

  • REMARK
  • Replication
  • Teaching
  • Tutorial

Structural-Estimates-From-Empirical-MPCs-Fagereng-et-al

  • DemARK
  • Demonstration
  • Notebook
  • Carroll
  • White

Making Structural Estimates From Empirical Results

TractableBufferStock-Interactive

  • DemARK
  • Demonstration
  • Teaching
  • Notebook
  • Carroll

The Tractable Buffer Stock Model

Candcwithstickye

  • REMARK
  • Reproduction
  • Carroll
  • Crawley
  • Slacalek
  • Kiichi
  • White

Sticky Expectations and Consumption Dynamics.

cstwMPC-RHetero

  • REMARK
  • Replication

cstwMPC

  • REMARK
  • Replication

ctDiscrete

  • REMARK
  • Replication

Template for REMARK metadata

  • REMARK
  • Notebook
  • Author 1 Last Name
  • Author 2 Last Name

The abstract is optional