Ben Moll on the Basics of HANK Models and How They Can Be Applied to Policymaking

1

Introduction

00:00 • 5min

2

Heterogeneous Agent Model Macro Economics

04:43 • 3min

3

Is Heterogeneous Agent Makrol a Part of a Different Dimension?

07:28 • 2min

4

The History of Hederogene's Agent Macro

09:21 • 3min

5

Is There a Role for Inequality of Distribution by Design?

12:37 • 2min

6

Heterogeneity Doesn't Matter Much for Macro Aggregation

14:57 • 4min

7

Why the Surging Interests?

18:38 • 4min

8

The Hank Model Is a New Cansium Model

22:54 • 3min

9

Aren't There Three Types of Households?

25:44 • 3min

10

The Transmission Mechanisms of Monetary Policy

28:49 • 2min

11

The Direct Effects and the Indirect Effects

31:15 • 5min

12

Is There a Richer Story?

36:01 • 3min

13

A Study on the Effects of Interest Rates on Consumers in Europe

39:07 • 3min

14

Is the Standard Necansia Model a Good Model?

42:16 • 4min

15

The Intuition May Be Even Stronger for a Hank Model Than a Rank Model

46:19 • 2min

16

What Does Hank Mean for Forward Guidance?

48:01 • 4min

17

Price Level Targeting

51:45 • 2min

18

Do You Think the Data Is Good Enough?

53:17 • 2min

19

Is Hanks the Only Model Out There?

54:53 • 4min