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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Price Level Targeting
Hank model is really a three equation new cangion model. And then you just kind of throw out one of the equationsi ask a early equestionand and you keep the other two. The paradime for prize setting, it's really the same a ass in the new cangon model. We wanted to under we wanted to start from a well understood bench mark," he said.
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