Ben Moll on the Basics of HANK Models and How They Can Be Applied to Policymaking
Macro Musings with David Beckworth
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Is Heterogeneous Agent Makrol a Part of a Different Dimension?
i'm excited to have you on the show to day. Where does heterogeneous agent makrol fall in the division between like, long run and short run makro? So long run typically think of in a longer an economic growth, as you mentioned earlier, wire some countries richer than others. And that in short runs, business cycles. Is it? Is it a part of one of those tor is its own unique, distinct field? How would you classify it? Yes, absolutely so.
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