Blar i Handelshøyskolen BI på tidsskrift "Journal of Economic Dynamics and Control"

Viser treff 1-4 av 4

    • 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 ...

    • Dynamic spending and portfolio decisions with a soft social norm 

      Mork, Knut Anton; Harang, Fabian Andsem; Trønnes, Haakon Andreas; Bjerketvedt, Vegard Skonseng (Peer reviewed; Journal article, 2023)
      We explore the implications of a preference ordering for an investor-consumer with a strong preference for keeping consumption above an exogenous social norm, but who is willing to tolerate occasional dips below it. We do ...

    • 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 ...

    • Management compensation and market timing under portfolio constraints 

      Agarwal, Vikas; Gómez, Juan-Pedro; Priestley, Richard (Journal article; Peer reviewed, 2012)
      This paper shows that portfolio constraints have important implications for manage- ment compensation and performance evaluation. In particular, in the presence of portfolio constraints, allowing for benchmarking can be ...