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Continuous Time Heterogeneous Agent models:

The repository consists of a list of heterogeneous agent models.

The following models are based on Benjamin Moll's Matlab code (https://benjaminmoll.com/codes/)

  1. Hugget_model.jl - HJB Equation implicit method, Kolmogorov Forward Equation, and Equilibrium interest rate with the non-linear solver.

  2. HJB_Labor_supply.jl - Consumption-Saving Problem with Endogenous Labor Supply

  3. HANK_lite.jl - a limited replication of HANK model (Kaplan et al. 2018). (there is no transition dynamics). Learning rate was added, thus thus algorithm converges much easier.

Email: ValeriiBaidin@mail.mcgill.ca

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