Structural modeling of economic choices of heterogeneous agents

Bufferstock Lifecycle

BufferStock-LifeCycle

This is a replication of Carroll (1997), Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis.

References

Carroll, C. D. (1997). Buffer-stock saving and the life cycle/permanent income hypothesis. The Quarterly Journal of Economics, CXII, 1-55

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  1. At a command line, change the working directory to the one where you want to install
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  2. git clone https://github.com/econ-ark/BufferStock-LifeCycle --recursive
  3. cd BufferStock-LifeCycle
  4. jupyter notebook Code/Python/BufferStock-LifeCycle.ipynb

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