Heterogeneousagents

An Empirical Heterogeneous Agents Models Reading List

Inspired by a request by Jim Savage asking for examples of recent work using heterogeneous agent models, I’ve put together a far from comprehensive list of papers demonstrating the range of work being done using these tools to understand a variety of issues at the intersection of macroeconomics and microeconomic data. While the field has a ways to go in terms of econometric modeling, the best recent work involves much more substantial use of data to discipline results and compare alternative hypotheses.