Comparison of Solutions to the Incomplete Markets Model with Aggregate Uncertainty

By W. D. Haan. 2008

120 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/164c44ca285727a10485e5f8b5392a74adbb886c

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In Economics and Econometrics

Citations in the corpus

Solving the incomplete markets model with aggregate uncertainty by backward induction (2010, methodology): “In many applications it may be appropriate to use a smooth representation of the crosssectional density (for example, an exponential of polynomials as in Algan, Allais, and Den Haan (2008)).”
Code files for "Finite State Markov-chain Approximations to Highly Persistent Processes" (2009, methodology): “See, for instance, den Haan (2010). 19 Note that this result is not due to the coarseness of the asset grids as doubling their size does not improve the accuracies of these statistics.”
Numerically stable and accurate stochastic simulation approaches for solving dynamic economic models (2011, methodology): “The eigenvalues of X>X are defined by the standard eigenvalue decomposition X>X = V ΛV >, 13Concerning the simulated-based PEA, Den Haan and Marcet (1990) report that, even for a low (second-degree) polynomial, cross terms are highly correlated with the other terms and must be removed from the regre”
When Inequality Matters for Macro and Macro Matters for Inequality (2018, unknown): “Figure 3 plots the two series for a random 400-quarter period of simulation and shows that the two series are extremely close to each other.50 49Recall that the fastest algorithm in the JEDC comparison Den Haan (2010) is more 7 minutes, or 3500 times longer.”
Uncertain Fiscal Consolidations (2013, unknown): “We evaluate the accuracy of numerical solutions using the dynamic Euler-equation test proposed by Den Haan (2010). The idea is to compare a time series for consumption, ct, that is constructed using the decision rule directly, with an alternative series, c̃t, that is implied by the Euler equation an”
Solving the Diamond–Mortensen–Pissarides model accurately (2017, background): “edu We have benefited from helpful comments from Hang Bai, Andrew Chen, Daniele Coen-Pirani, Steven Davis, Wouter Den Haan, Paul Evans, Lars-Alexander Kuehn, Dale Mortensen, Paulina Restrepo-Echavarria, Etienne Wasmer, Randall Wright, and other seminar participants at The Ohio State University and t”