In this essay, we discuss the emerging literature in macroeconomics that combines
heterogeneous agent models, nominal rigidities, and aggregate shocks. This literature …

We postulate a continuous‐time heterogeneous agent model with a financial sector and
households to study the nonlinear linkages between aggregate and financial variables. In …

We introduce deep equilibrium nets (DEQNs)—a deep learning‐based method to compute
approximate functional rational expectations equilibria of economic models featuring a …

This paper develops a global solution method to solve large state space macro-finance
models using machine learning. Our new method, an artificial neural network expectation …

This dissertation has three independent essays. The first essay" Housing Illiquidity, Asset
Prices, and the Amplification of Macroeconomic Shocks" studies asset pricing and labor …