Applying the Explicit Aggregation Algorithm to Heterogeneous Agent Models in Continuous Time
Published in Economics Letters, 206, 109940, 2021
The XPA algorithm solves a continuous-time heterogeneous-agent model with aggregate uncertainty without simulations inside the solution algorithm.
Recommended citation: Emoto, Masakazu, and Takeki Sunakawa. (2021). "Applying the Explicit Aggregation Algorithm to Heterogeneous Agent Models in Continuous Time." Economics Letters, 206, 109940.
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