[宏觀經(jīng)濟學(xué)研討會]Monetary Policy with Heterogeneous Agents:Insight from TANK Model
發(fā)文時間:2019-04-01

【ECON20191204】 ??

宏觀經(jīng)濟學(xué)研討會

(總第259期) ? ? ?

【時間】2019年4月3日(周三)12:15-13:45 ? ? ? ? ?

【地點】明商0202教室 ? ? ? ? ?

【主講】劉哲希 對外經(jīng)濟貿(mào)易大學(xué)國際經(jīng)濟貿(mào)易學(xué)院講師 ? ? ? ? ?

【主題】Monetary Policy with Heterogeneous Agents:Insight from TANK Model(Davide Debortoli & Jordi Galí, Working Paper, 2018) ? ? ? ? ?

【點評】周璇 中國人民大學(xué)經(jīng)濟學(xué)院副教授 ? ? ? ? ?

【摘要】How does heterogeneity affect the effectiveness of monetary policy and the properties of economic fluctuations? Using the distinction between constrained and unconstrained households at each point in time, we identify three channels at work in Heterogeneous Agent New Keynesian (HANK) models: (i) changes in the average consumption gap between constrained and unconstrained households, (ii) variations in consumption dispersion within unconstrained households, and (iii) changes in the share of constrained households . We analyze the quantitative importance of each of those factors for output fluctuations in a baseline HANK model. We show that a simple Two-Agent New Keynesian (TANK) model, with a constant share of constrained households and no heterogeneity within either type, approximates reasonably well the implications of a HANK model regarding the effects of aggregate shocks on aggregate output.

人大宏觀經(jīng)濟學(xué)研討會(Macro Workshop)旨在追蹤宏觀經(jīng)濟學(xué)國際最新進展,倡導(dǎo)構(gòu)建符合國情的動態(tài)優(yōu)化模型,并使用計算機模擬研究經(jīng)濟增長、收入分配和宏觀政策等中國宏觀經(jīng)濟重大問題。 ? ? ? ? ?

聯(lián)系人:王兆瑞? ? Email:Macro_Workshop@163.com ? ? ? ? ?

資料下載:www.docin.com/mydoc-88265459-1.html ? ? ? ? ?

更多講座信息請訪問:www.dehf4y.cn,www.yanjiuyuan.com.cn。 ? ? ? ? ? ? ? ?


中國人民大學(xué)經(jīng)濟學(xué)院

中國經(jīng)濟改革與發(fā)展研究院