Abstract We recast the Aiyagari–Bewley–Huggett model of income and wealth distribution in
continuous time. This workhorse model—as well as heterogeneous agent models more …

We present a new approach to studying equilibrium dynamics in a class of stochastic games
with a continuum of players with private types and strategic complementarities. We introduce …

Using a Bewley‐Hugget‐Aiyagari model we show how to use the Fokker‐Planck equation
for likelihood inference in heterogeneous agent (HA) models. We study the finite sample …

Understanding rising wealth inequality requires a comprehension of the evolution of wealth
distributions. We quantify a model of idiosyncratic labor income and interest rates to match …

Many macroeconomic models, including heterogeneous agent models, have a block
structure that allows for multi-step estimation, where a subset of its parameters can be …

Este documento contiene tres aportes teóricos que se encuentran en la interacción entre los
modelos estocásticos de equilibrio general, la macroeconomía dinámica y el control óptimo …

We develop a general equilibrium model of earnings, income and wealth heterogeneity in
continuous time. We extend existing analytical and numerical methods to solve the model …

The chapters in this thesis are motivated by the rapid increase in popularity of
heterogeneous household models in macroeconomics. Macroeconomic models that …

This paper introduces a novel approach for estimating heterogeneous-agent
macroeconomic models adding information from micro data. The methodology covers both …

How we model individual's expectations and predictions in economic models plays an
essential role in economic outcomes. We can assume that individuals are well informed and …