- Money in a Heterogeneous Agent Model🔍
- A Simple Search Model of Money with Heterogeneous Agents and ...🔍
- Chapter 23 Heterogeneous Agent Models in Economics and Finance🔍
- Heterogeneous agent models🔍
- Heterogeneous Agent Models in Economics and Finance🔍
- Heterogeneous Agent Models in Finance🔍
- Financial Markets Equilibrium with Heterogeneous Agents*🔍
- Monetary and fiscal policies in a heterogeneous|agent economy🔍
Money in a Heterogeneous Agent Model
Money in a Heterogeneous Agent Model | NBER
Money in a Heterogeneous Agent Model ... I introduce money into an incomplete markets model with heterogeneous agents and uninsurable income risk.
Money in a Heterogeneous Agent Model
I introduce money into an incomplete markets model with heterogeneous agents and uninsurable income risk. I show that the model exhibits both non-monetary ...
Money in a Heterogeneous Agent Model - Search eLibrary :: SSRN
I introduce money into an incomplete markets model with heterogeneous agents and uninsurable income risk. I show that the model exhibits ...
Money in a Heterogeneous Agent Model - EconPapers - RePEc
By Roger Farmer; Abstract: I introduce money into an incomplete markets model with heterogeneous agents and uninsurable income risk.
Money in a Heterogeneous Agent Model - IDEAS/RePEc
I introduce money into an incomplete markets model with heterogeneous agents and uninsurable income risk. I show that the model exhibits both non-monetary ...
A Simple Search Model of Money with Heterogeneous Agents and ...
Simple search models have equilibria where some agents accept money and others do not. We argue such equilibria should not be taken seriously - which is ...
We argue such equilibria should not be taken seriously – which is unfortunate if one wants a model with partial acceptability. We introduce heterogeneous agents ...
Chapter 23 Heterogeneous Agent Models in Economics and Finance
Abstract. This chapter surveys work on dynamic heterogeneous agent models (HAMs) in economics and finance. Emphasis is given to simple models that, at least to ...
... model with a financial sector, modeled as a representative financial expert, and households, subject to uninsurable idiosyncratic labor productivity shocks.
Heterogeneous Agent Models in Economics and Finance - EconStor
Keynes (1936) argued that investors' sentiment and market psychology play an important role in financial markets, as will be clear from the following famous ...
A Simple Search Model of Money with Heterogeneous Agents and ...
Simple search models have equilibria where some agents accept money and others do not. We argue such equilibria should not be taken seriously—which is ...
Heterogeneous Agent Models in Finance - ScienceDirect.com
Abstract. This chapter surveys the state-of-art of heterogeneous agent models (HAMs) in finance using a jointly theoretical and empirical analysis, combined ...
Financial Markets Equilibrium with Heterogeneous Agents*
This paper presents an equilibrium model in a pure exchange economy when investors have three possible sources of heterogeneity. Investors may differ in their ...
Monetary and fiscal policies in a heterogeneous-agent economy - jstor
to models with heterogeneous agents. It is also common among monetary models with degenerate money distributions. The key to the positive inflation-output ...
Understanding Heterogeneous Agent New Keynesian Models
Researchers have developed Heterogeneous Agent New Keynesian (HANK) models that incorporate heterogeneity and uninsurable idiosyncratic risk ...
The Marginal Propensity to Consume in Heterogeneous Agent ...
We conduct a systematic analysis of heterogeneous agent consumption-saving models to un- derstand whether and how they can generate a large ...
Heterogeneous Agent Models in Finance
This modeling framework views financial market dynamics as a result of the interaction of heterogeneous investors with different behavioral rules, such as.
Heterogeneous-Agent Models with Financial Frictions. Page 2. For more information, see. • Survey “Money, Macro and Finance: A Continuous-Time. Approach” with ...
number of agents participating in the financial markets. iii. persistence of the driving processes. iv. the existence of government bonds / money. B. EX-ANTE ...
Welfare Implication of Banking in the Heterogeneous Agent ...
Two distinctive features are introduced in this model: (1) the in- dividual heterogeneity of money holding and (2) the existence of financial intermediation;.