Structural modeling of economic choices of heterogeneous agents

Carroll_1997_qje

Carroll_1997_QJE

This is a replication of Carroll (1997), Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis.

do_all.py reproduces all the results of the paper.

References

Carroll, C. D. (1997). Buffer-stock saving and the life cycle/permanent income hypothesis. The Quarterly Journal of Economics, CXII, 1-55

Details

Authors

  • Carroll
  • Yusuf
  • Son

Abstract

No abstract.

Actions

Live Interactive Notebook

This material includes a Jupyter Notebook version. You can directly launch and interact with the Notebook within your browser using MyBinder.

Launch Notebook

Material Source Code

Econ-ARK materials are open source and available to view and clone from GitHub.

View on GitHub

How to Execute this Notebook

Install econ-ark on your computer (Quick Start Guide then follow these instructions:

  1. At a command line, change the working directory to the one where you want to install
    • On MacOS/unix, if you install in the /tmp directory, the installation will disappear after a reboot:
    • cd /tmp
  2. git clone https://github.com/econ-ark/Carroll_1997_QJE --recursive
  3. cd Carroll_1997_QJE
  4. jupyter notebook Carroll_1997_QJE.ipynb

Metadata