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Christian Bayer

Professor of Economics · University of Bonn

Professor of Economics at the University of Bonn (Institute for Macroeconomics and Econometrics), working on macroeconomics, inequality, business cycles and monetary policy. CEPR and IZA research fellow and member of the ECONtribute cluster.

3 papers tracked 1 classics ⌁ Follow this author
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Published Classic Quantitative Economics Online 1 Nov 2020 Published Nov 2020
Solving discrete time heterogeneous agent models with aggregate risk and many idiosyncratic states by perturbation

Christian Bayer · Ralph Luetticke

A solution method for discrete-time heterogeneous-agent models with aggregate risk that extends Reiter's perturbation approach by compressing the state space after the no-aggregate-risk stationary …