Skip to content

Simple Economics example #5

@azev77

Description

@azev77

Hi and thank you for this package!
MFGs have gotten a lot of attention in economics recently.

Would it be possible to provide a simple example of how to use your package to solve a simple economics example?

In this models households are ex-ante homogeneous.
Households are ex-post heterogeneous in wealth "a" & income "y".
Households solve:
image where image

image

Stationary MFG: image
image

Ben Moll solves this in Matlab:
image

Would it be possible provide an example of how to solve this with your Julia package?

Metadata

Metadata

Assignees

No one assigned

    Labels

    No labels
    No labels

    Type

    No type

    Projects

    No projects

    Milestone

    No milestone

    Relationships

    None yet

    Development

    No branches or pull requests

    Issue actions