Near-Rational Equilibria in Heterogeneous-Agent Models: A Verification Method
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DOI: 10.29338/wp2021-16
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- Leonid Kogan & Indrajit Mitra, 2022. "Near-Rational Equilibria in Heterogeneous-Agent Models: A Verification Method," NBER Working Papers 30111, National Bureau of Economic Research, Inc.
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More about this item
Keywords
numerical solutions; accuracy; approximations; simulations;All these keywords.
JEL classification:
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2021-07-26 (Dynamic General Equilibrium)
- NEP-MAC-2021-07-26 (Macroeconomics)
- NEP-ORE-2021-07-26 (Operations Research)
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