Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
986309 | Review of Economic Dynamics | 2016 | 25 Pages |
Abstract
This paper analyzes and computes the equilibria of economies with large numbers of heterogeneous agents who have different asset trading technologies, preferences and beliefs. We illustrate the value of our method by using it to evaluate the implications of these heterogeneities through several quantitative exercises.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
YiLi Chien, Harold Cole, Hanno Lustig,