/KS_and_Reiter

Matlab code and guide for solving the incomplete markets model using the methods of Krusell & Smith (1998) and Reiter (2009).

Primary LanguageMATLAB

Solving the Incomplete Markets Model Using the Krusell-Smith and Reiter Methods

Matlab code and guide for solving the incomplete markets model using the methods of Krusell & Smith (1998) and Reiter (2009).

Running Start.m solves the model using both methods, and produces the figures in the note.

The Sims (2001) gensys toolbox and the Miranda & Fackler CompEcon toolbox are both required.