1 citations · 1 across the 2 of their papers we have counts for
2 papers
econ.TH2025
Structural Reinforcement Learning for Heterogeneous Agent Macroeconomics
Yucheng Yang, Chiyuan Wang, Andreas Schaab +1
We present a new approach to formulating and solving heterogeneous agent models with aggregate risk. We replace the cross-sectional distribution with low-dimensional prices as stat…
econ.GN2025★ 1 cited
The Trouble with Rational Expectations in Heterogeneous Agent Models: A Challenge for Macroeconomics
Benjamin Moll
The thesis of this essay is that, in heterogeneous agent macroeconomics, the assumption of rational expectations about equilibrium prices is unrealistic and should be replaced. Rat…