Macro Musings with David Beckworth cover image

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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Do You Think the Data Is Good Enough?

A, i think a household data has been getting better and better overtime. So in that sense, yes, i think the data is a pretty goot already, i and it's, you know, going to keep get better and better. N, so you guys use, like, survey data to to canic frame, to calebrate the models andd simulate them? A, yes. We just use us data in particular t to survey of consumer finances, say, but i have some other work, for example, where we use em at the norwegian tax records on the universe of,. you know, norwegian households.

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