• Aggregating Heterogeneous-Agent Models with Permanent Income Shocks 

      Harmenberg, Karl (Journal article; Peer reviewed, 2021)
      I introduce a method for simulating aggregate dynamics of heterogeneous-agent models where log permanent income follows a random walk. The idea is to simulate the model using a counterfactual permanent-income-neutral measure ...
    • Integrated epi-econ assessment of vaccination 

      Boppart, Timo; Harmenberg, Karl; Krusell, Per; Olsson, Jonna (Peer reviewed; Journal article, 2022)
      Using an integrated epi-econ model, we compute the value of vaccines for Covid-19, both under a planner’s solution and in competitive equilibrium. The specific model, developed in Boppart, Harmenberg, Hassler, Krusell, and ...