BASEforHANK

Bayesian Solution and Estimation (BASE) for HANK. Toolbox by Christian Bayer, Benjamin Born, and Ralph Luetticke for estimating medium-scale HANK models.

[BASEforHANK @BASEforHank]

The latest MKL package in Julia has a bug on Windows. We have updated all BASEforHANK models to use MKL only on Linux.

[Ralph Lütticke @RalphLuet]

Working hard on the final revision of our @BASEforHank Toolbox for the estimation of HANK models with macro and micro data. Update to be released soon...

[BASEforHANK @BASEforHank]

The KS model is a good starting point and nicely shows the modularity of the toolbox. We are happy to feature your work with our toolbox. Please do write us to add/link your extension of the toolbox to other models or if you have any comments.
https://t.co/4xoCi3rjJO

[BASEforHANK @BASEforHank]

We, @christianbaye13 @bornecon @RalphLuet, have just released an update of our paper “Shocks, Frictions, and Inequality in US business cycle” with a substantially improved toolbox to estimate HANK models, now called BASE for HANK. Follow this account for updates about BASE.

[BASEforHANK @BASEforHank]

We have uploaded implementations of our toolbox for a HANK-2-Asset model, HANK-1-Asset model, and the Krusell-Smith model. These models can be estimated via two approaches: Bayesian likelihood or Bayesian impulse response matching.
https://t.co/4xoCi3rjJO