The primary goals of Econ-ARK are to make entry into the world of economic modeling easy; to accelerate the development of this kind of modeling for policy-making and academic research; and to increase the openness, replicability, and interoperability of modeling tools.

Econ-ARK

HARK

Toolkit

Heterogeneous Agents Resources and toolKit

Econ-ARK developed a highly modular & interoperable open source toolkit for simulating, estimating and solving dynamic economic models with heterogeneous agents

REMARK

Materials

R[eplications/eproductions] and Explorations Made using ARK

A REMARK is an executable archive that reproduces its own results on any computer

OTHER

Teaching

Demonstrations of tools, AgentTypes, and ModelClasses

View the complete collection of our tools, materials, demonstrations, tutorials, blogs, assignments, documentation, and teaching

Welcome to Econ-ARK

The heart of Econ-ARK is making reproducible papers. The ARKitecture of Econ-ARK consists of a code toolkit (HARK), demonstrations of using the toolkit (DemARK), and a Materials Library replicating modeling results of published papers (REMARK).

Read through the Quick Start Guide to get up and running with HARK, or for developers the Contributing Guidelines.

Materials Library

The Materials Library is a single-source-of-truth for all Econ-ARK published and working materials. These include reproducible papers, examples, demonstrations, documentation, notebooks and teaching material.

  • Carroll

BufferStockTheory

This paper builds foundations for rigorous and intuitive understanding of 'buffer stock' saving models (Bewley (1977)-like models with a wealth target), pairing each theoretical result with quantitative illustrations. After describing...

  • REMARK
  • Reproduction
  • Edwards
  • Carroll

Beyond the streetlight

This repository provides an analysis of the trend in forecast errors made by the Tealbook/Greenbook(GB) and the Survey of Professional Forecasters(SPF) for measures of the unemployment rate and real growth...

  • REMARK
  • Notebook
  • Ganong
  • Noel

Consumer Spending during Unemployment: Positive and Normative Implications

Analysis of Models for "Consumer Spending During Unemployment- Positive and Normative Implications"

  • REMARK
  • Replication