Discussion paper DP17529 Public Debt and the Balance Sheet of the Private Sector Hans Gersbach Jean Charles Rochet Ernst-Ludwig von Thadden 4 Aug 2022 Incomplete financial markets Debt Interest Growth Heterogeneous agents Financial Economics Macroeconomics and Growth Public Economics E44 E62
Discussion paper DP17391 Estimating Nonlinear Heterogeneous Agents Models with Neural Networks Leonardo Melosi Matthias Rottner 17 Jun 2022 Machine learning Neural networks Bayesian estimation Global solution Heterogeneous agents Nonlinearities Aggregate uncertainty Hank model Zero lower bound Macroeconomics and Growth Monetary Economics and Fluctuations C11 C45 D31 E32 E52
Discussion paper DP17183 Programming FPGAs for Economics: An Introduction to Electrical Engineering Economics Bhagath Cheela Andre DeHon Jesus Fernandez-Villaverde Alessandro Peri 5 Apr 2022 Fpga acceleration Fpga hls compilers Heterogeneous agents Electrical engineering economics Monetary Economics and Fluctuations C6 C63 C88 D52
Discussion paper DP17094 What Do the Data Tell Us About Inflation Expectations? Francesco D'Acunto Ulrike M. Malmendier Michael Weber 8 Mar 2022 Beliefs formation Heterogeneous agents Macroeconomics with micro data Inflation exposure Experience effects Financial sophistication Financial Economics Monetary Economics and Fluctuations C90 D14 D84 E31 E52 E71 G11
Discussion paper DP16952 Idiosyncratic Income Risk and Aggregate Fluctuations Davide Debortoli Jordi Gali 23 Jan 2022 Heterogeneous agents Economic fluctuations Idiosyncratic shocks monetary policy Hank models Monetary Economics and Fluctuations E21 E32 E50
Discussion paper DP16781 Larger transfers financed with more progressive taxes? On the optimal design of taxes and transfers Axelle Ferriere Gaston Navarro Oliko Vardishvili 6 Dec 2021 Heterogeneous agents Fiscal policy Optimal taxation Redistribution Macroeconomics and Growth E21 E62 H21 H23 H53
Discussion paper DP16125 Assessing the (De)Stabilizing Effects of Unemployment Benefit Extensions Antonella Trigari Alexey Gorn 7 May 2021 Unemployment insurance Cyclical benefit extensions Heterogeneous agents Redistribution Precautionary motives Opportunity cost of employment Nominal rigidities Search frictions Labour Economics Monetary Economics and Fluctuations E24 E32 E52 J63 J64 J65
Discussion paper DP16008 Dynamic Labor Reallocation with Heterogeneous Skills and Uninsured Idiosyncratic Risk Ester Faia Marianna Kudlyak Ekaterina Shabalina 4 Apr 2021 Occupational mobility Heterogeneous agents Skills Income and wealth inequality Discrete choice optimization Labour Economics Macroeconomics and Growth Monetary Economics and Fluctuations J22 J23 J31 J62 E21 D31
Discussion paper DP15614 Household Savings and Monetary Policy under Individual and Aggregate Stochastic Volatility Yuriy Gorodnichenko Serguei Maliar Christopher Naubert 28 Dec 2020 Machine learning Deep learning Neural network Hank Heterogeneous agents Monetary Economics and Fluctuations
Discussion paper DP14930 Exposure to Grocery Prices and Inflation Expectations Ulrike M. Malmendier 24 Jun 2020 Beliefs formation Inflation expectations Heterogeneous agents Macroeconomics with micro data Household finance Behavioral finance Financial Economics Macroeconomics and Growth C90 D14 D84 E31 E52 G11
Discussion paper DP14002 Financial Frictions and the Wealth Distribution Jesus Fernandez-Villaverde Samuel Hurtado Galo Nuño 17 Sep 2019 Heterogeneous agents Aggregate shocks Continuous-time Machine learning Structural estimation Monetary Economics and Fluctuations C45 C63 E32 E44 G01 G11
Discussion paper DP13628 Bad Jobs and Low Inflation Leonardo Melosi Renato Faccini 27 Mar 2019 Missing inflation On-the-job search Employment-to-employment rate Labor market slack Phillips curve Cyclical misallocation Micro data Heterogeneous agents Monetary Economics and Fluctuations E31 E37 C32