Heterogeneity and Aggregate Fluctuations: Insights from TANK Models
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https://www.nber.org/papers/w32557
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资源简介:
We analyze the merits and limitations of simple tractable New Keynesian models (RANK and TANK) in accounting for the aggregate predictions of Heterogenous Agent New Keynesian models (HANK). By means of comparison of a number of nested HANK models, we investigate the role played by (i) idiosyncratic
提供机构:
美国国家经济研究局
创建时间:
2024-06-01



