E10

Asger L. Andersen · Kilian Huber · Niels Johannesen · Ludwig Straub · Emil Toft Vestergaard

This paper develops and implements a system of disaggregated economic accounts that breaks down national accounting positions into bilateral flows between small groups of consumers, producers, the …

Charles I. Jones

This Handbook of Economic Growth survey chapter lays out why treating ideas -- nonrivalrous instructions or recipes, as distinct from the rivalrous "objects" that embody them -- as a distinct input to …

Morten O. Ravn · Vincent Sterk

A HANK model that is tractable enough to solve on paper, built by grafting Diamond-Mortensen-Pissarides search frictions onto a New Keynesian economy and then imposing assumptions that make the wealth …

Adrien Bilal

Treating the cross-sectional distribution as an explicit state variable turns a heterogeneous-agent economy into a single, low-dimensional "Master Equation," and this paper shows that its first- and …