We always hear that distancing yourself from a problem or thinking about it from a different angle is the best way to work through it. Practically speaking, that's easier said than done. However, over ...
We present a refinement of the uniform truncation method of LeGrand and Ragot (2022) to solve heterogeneous-agent models with aggregate shocks. The method consists in providing a finite state-space ...
The Pythagorean theorem, a cornerstone of mathematics for millennia, provides a method for determining unknown sides in right-angled triangles using the formula a² + b² = c². Its applications extend ...