A Perturbational Approach for Approximating Heterogeneous Agent Models
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https://www.nber.org/papers/w31744
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We develop a perturbational technique to approximate equilibria of a wide class of discrete-time dynamic stochastic general equilibrium heterogeneous-agent models with complex state spaces, including multi-dimensional distributions of endogenous variables. We show that approximating policy functions
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美国国家经济研究局创建时间：
2023-10-01
