EXTERNAL: A Toolbox for Solving and Estimating Heterogeneous Agent Macro Models

Author: Thomas Winberry, Chicago Booth

I develop a computational method to solve and estimate heterogeneous agent macro models. I approximate the distribution with a flexible parametric family, reducing the dimensionality to a finite set of parameters, and solve for the dynamics of these parameters by perturbation. I implement the method in Dynare and find that it is accurate and extremely efficient.

Heterogeneous Agents: A reduced Heterogeneity Framework

Author: Francois Le Grand and Xavier Ragot

Using Dynare to solve heterogenous agents model