Overview

Introduction to HARK

• Introduction to HARK
• ARKitecture of Econ-ARK

Examples

A Gentle Introduction to HARK

A number of Life-Cycle Examples in HARK

Perfect foresight consumption-saving

Consumption-Saving model with Idiosyncratic Income Shocks

Consumption-Saving model with Idiosyncratic Income Shocks and Different Interest Rates on Borrowing and Saving

Portfolio Models in HARK

Permanent versus Persistent Income Shocks

A Life Cycle Model: The Distribution of Assets By Age

How we solve a model defined by IndShockConsumerType

Journey: Economics PhD Student

Using Transition Matrix Methods under IndShockConsumerType

Computing Heterogenous Agent Jacobians in HARK

Solving Krusell Smith Model with HARK and SSJ

Fiscal Policy in a HANK model using HARK and SSJ

Sequence Space Jacobian method to Solve HANK models