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Remove smaller, add incremental
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mnwhite committed Oct 16, 2024
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17 changes: 9 additions & 8 deletions Hetero-And-Macro/central-banks-hark-and-ssj.md
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sc-sb-title: true
header-logo: ../econ-ark-logo.png
header-text: Powered by Econ-ARK
incremental: true
---


## Microfoundations in a Nutshell (1/2) {.smaller}
## Microfoundations in a Nutshell (1/2)

### Prehistory

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* Entirely qualitative/analytical


## Microfoundations in a Nutshell (2/2) {.smaller}
## Microfoundations in a Nutshell (2/2)

### Early 1990s: Numerical computation of SS dist'n of wealth

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+ requires predicting evolution of entire **distribution**


## Dynamics {.smaller}
## Dynamics

### [Krusell-Smith (1998)](https://econ-ark.org/materials/krusellsmith/):

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- ...We'll give you the dynamic macro


## Where Does Econ-ARK Fit? (1/2) {.smaller}
## Where Does Econ-ARK Fit? (1/2)

### Rich Set of Tools for SS Micro ...

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* Etc etc


## Where Does Econ-ARK Fit? (2/2) {.smaller}
## Where Does Econ-ARK Fit? (2/2)

### ...Easy to Connect to SSJ toolkit

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- [TRP Model Notebook](https://github.com/econ-ark/EstimatingMicroDSOPs/blob/main/src/notebooks/Model_Comparisons.ipynb)


## But Wait, There's More: REMARKS {.smaller}
## But Wait, There's More: REMARKS

* An easy-to-use standard for guaranteed replicability
+ on any computer (Mac, Win, Linux)
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- Central banks can exchange and compare models


## Where Are We Going? 'DYNARK': {.smaller}
## Where Are We Going? 'DYNARK':

* Model specification tools for **any** Bellman Problem [(mockup)](https://raw.githubusercontent.com/econ-ark/OverARK/refs/heads/master/Development/pablo/ModelOnlyBlockRework.yaml)
* Three layers:
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+ 'parameter sweep' of values in allowed ranges


## Underlying Motivation {.smaller}
## Underlying Motivation

### Tower of Babel problem

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