Research Seminar: Heterogeneous Agents
- SeHyoun Ahn, Martin Blomhoff Holm and Kjersti Næss Torstensen, Norges Bank
- 26 April 2018
- 11:45 - 12:45
- Auditoriet, SSB, Akersveien 26
We construct a suite of dynamic Heterogeneous Agent New-Keynesian (HANK) models that match key features of Norwegian microdata. In particular, we aim to match the distribution of housing wealth, debt, and liquid assets across age, and the distribution of marginal propensities to consume. Our end goal is a set of models that can be used for state-of-the-art fiscal, monetary, and macro-prudential policy analysis. In this presentation, we present our research strategy and give an update on the current status of the project.
- Senior Researcher