Overview#
Introduction to HARK
Learning About HARK
A Gentle Introduction to HARK
Simulating Microeconomic Models
The Nature of Time for AgentTypes
Constructed Attributes and Model Defaults
Advanced and Uncommon HARK Concepts
Numeric Methods Commonly Used in HARK
Directory of Consumption-Saving Models
Elements of an AgentType Subclass
“Macroeconomic” Models: the Market Class
The Sequence Space Jacobian (SSJ) method
Making HA-SSJ Matrices with HARK
Advanced Examples of HA-SSJ’s
Journey: Economics PhD Student
Consumption-Saving Models
Perfect Foresight Model
Tractable Buffer Stock Model
Representative Agent Models
Permanent and Transitory Income Shocks
Higher Interest Rate to Borrow than Save
Discrete State with Markov Transitions
Generalized Income Process
Aggregate Productivity Shocks
Assets with Risky Returns: Portfolio Choice
Advanced Options for Portfolio Allocation
Portfolio Allocation with “Sequential Solvers”
Intensive Margin Labor Supply Choice
Multiplicative Shocks to Utility
Basic Health Investment
Medical Care on the Intensive Margin
Medical Care Choice on the Extensive Margin
“Risky Contribution” Model
Examples
