Huggett Model

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:analyzes incomplete markets
gptkbp:assumes borrowing constraints
no aggregate uncertainty
gptkbp:citation Huggett, Mark. 1993. 'The Risk-Free Rate in Heterogeneous-Agent Incomplete-Insurance Economies.' JEDC.
gptkbp:features risk-averse agents
endogenous savings
gptkbp:field macroeconomics
gptkbp:focusesOn heterogeneous agents
https://www.w3.org/2000/01/rdf-schema#label Huggett Model
gptkbp:introduced Mark Huggett
gptkbp:introducedIn 1993
gptkbp:publishedIn gptkb:Journal_of_Economic_Dynamics_and_Control
gptkbp:relatedTo gptkb:Aiyagari_Model
gptkbp:solvesFor equilibrium interest rate
gptkbp:studies idiosyncratic income risk
gptkbp:usedFor analyzing precautionary savings
studying wealth distribution
gptkbp:bfsParent gptkb:Heterogeneous_Agents
gptkbp:bfsLayer 7