Skip to content
master
Go to file
Code

Latest commit

 

Git stats

Files

Permalink
Failed to load latest commit information.
Type
Name
Latest commit message
Commit time
 
 
 
 
 
 
 
 

Readme.md

Optimal consumption under uncertainty, liquidity constraints, and bounded rationality

by

Ömer Özak

The working paper version is available at http://ssrn.com/abstract=2060620

=============

Here you can find the Python scripts used to generate the simulations in my paper. They can be modified to generate the simulations of my paper with Peter Howitt "Adaptive Consumption Behavior" or to simulate consumption behavior in large scale Agent-Based Macroeconomics models.

Scripts are included in the scripts directory. In order to generate the graphs you need to run:

  1. OptConsHO.py
  2. OptConsIID.py
  3. LearnHO.py
  4. LearnHOT.py
  5. LearnIID.py
  6. LearnIIDT.py

The data.zip file contains all the generated data and figures in case you want to check them out.

About

Programs for Consumption under Bounded Rationality

Resources

License

Releases

No releases published
You can’t perform that action at this time.