Codes

Bayesian Solution and Estimation (BASE) for HANK toolbox in Julia. Toolbox for estimating medium-scale HANK models based on Bayer, Born, Luetticke (2020). https://github.com/BASEforHANK We have uploaded to GitHub implementations of our toolbox for a HANK-2-Asset model, HANK-1-Asset model, the corresponding RANK model, and a Krusell-Smith model.

The following lecture is a short-course on how to use perturbation methods to solve heterogeneous agent models. Download slides.

Comparison of Perturbation vs MIT shock solution for Krusell-Smith model (Matlab) https://github.com/ralphluet/KS_Perturbation_vs_MIT Perturbation solution with our reduction method for Krusell-Smith and HANK models (Matlab) https://github.com/ralphluet/perturbation_codes

Perturbation solution with our reduction method for HANK models (Python) https://github.com/econ-ark/BayerLuetticke