,
11 tweets,
17 min read
Read on Twitter
Short, summary thread on the interesting #econtwitter conversation on macro models with heterogeneous agents that I read in these days.
ICYMI, here’s @ben_moll one-slide summary of lit on HANK models:
Read also @SorryToBeKurt’s reply thread. 1/6
ICYMI, here’s @ben_moll one-slide summary of lit on HANK models:
Read also @SorryToBeKurt’s reply thread. 1/6
@ben_moll @SorryToBeKurt @dandolfa @glviolante’s thoughts, followed by @dandolfa’s and @ben_moll’s replies: 3/6
@ben_moll @SorryToBeKurt @dandolfa @glviolante @farmerrf I love the literature on heterogeneous households. It is very important and it showcases how different real macro is from the caricatures you often see online. 5/6
@ben_moll @SorryToBeKurt @dandolfa @glviolante @farmerrf My 2 cents on the topic of heterogeneous agents? Don’t forget that “agents” does not mean only households. Firms are heterogeneous too, and it matters: 6/6
@ben_moll @SorryToBeKurt @dandolfa @glviolante @farmerrf @ojblanchard1 weighs in: See also the replies.
@ben_moll @SorryToBeKurt @dandolfa @glviolante @farmerrf @ojblanchard1 @CLMannEcon @_peterzorn with several suggestions on firm heterogeneity literature in addition to those mentioned in my MNM paper:
@ben_moll @SorryToBeKurt @dandolfa @glviolante @farmerrf @ojblanchard1 @CLMannEcon @_peterzorn More from @ojblanchard1: See also @GregWKaplan's replies. I agree with Greg.
