BASE for HANK Toolbox

Bayesian Solution and Estimation (BASE) for HANK toolbox in Julia. Toolbox for estimating medium-scale HANK models based on Bayer, Born, Luetticke (2020).

We have uploaded to GitHub implementations of our toolbox for a HANK-2-Asset model, HANK-1-Asset model, and the Krusell-Smith model. These models can be estimated via two approaches: Bayesian likelihood or Bayesian impulse response matching.

You can follow the toolbox on twitter:

Please do write me to add/link your extension of the toolbox to other models or if you have any comments.

Professor of Economics

Ralph Luetticke is a Professor of Economics at University of Tübingen.