Statements (26)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
macroeconomic model
|
| gptkbp:assumes |
idiosyncratic risk
aggregate shocks incomplete insurance markets |
| gptkbp:citation |
1998
Income and Wealth Heterogeneity in the Macroeconomy |
| gptkbp:developedBy |
Anthony A. Smith, Jr.
Per Krusell |
| gptkbp:field |
macroeconomics
|
| gptkbp:focusesOn |
incomplete markets
aggregate uncertainty heterogeneous agents |
| https://www.w3.org/2000/01/rdf-schema#label |
Krusell–Smith Model
|
| gptkbp:introducedIn |
1998
|
| gptkbp:notableFor |
tractable solution method for heterogeneous agent models
|
| gptkbp:publishedIn |
gptkb:Journal_of_Political_Economy
|
| gptkbp:relatedTo |
Aiyagari model
Bewley model Huggett model |
| gptkbp:solvedBy |
approximate aggregation
|
| gptkbp:type |
dynamic stochastic general equilibrium model
|
| gptkbp:usedFor |
studying consumption dynamics
studying labor supply studying wealth distribution |
| gptkbp:bfsParent |
gptkb:Heterogeneous_Agents
|
| gptkbp:bfsLayer |
7
|