Structural modeling of economic choices of heterogeneous agents


Public Debt and Low Interest Rates

Replication of Blanchard (2019)

by Julien Acalin - Johns Hopkins University

This notebook fully replicates the analysis of the stochastic overlapping generations (OLG) model developed by Blanchard in his presidential address during the AEA meetings 2019.



  • Acalin


No abstract.


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Material Source Code

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How to Execute this Notebook

Install econ-ark on your computer (Quick Start Guide then follow these instructions:

  1. At a command line, change the working directory to the one where you want to install
    • On MacOS/unix, if you install in the /tmp directory, the installation will disappear after a reboot:
    • cd /tmp
  2. git clone --recursive
  3. cd BlanchardPA2019
  4. jupyter notebook Code/Python/BlanchardPA2019.ipynb