Near-Rational Equilibria in Heterogeneous-Agent Models: A Verification Method
收藏NBER2022-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w30111
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资源简介：
We propose a general simulation-based procedure for estimating quality of approximate policies in heterogeneous-agent equilibrium models, which allows to verify that such approximate solutions describe a near-rational equilibrium. Our procedure endows agents with superior knowledge of the future
提供机构：
美国国家经济研究局
创建时间：
2022-06-01
