Web10 apr. 2024 · This paper proposes an analytic representation of perturbations in heterogeneous agent economies with aggregate shocks. Treating the underlying distribution as an explicit state variable, a single value function defined on an infinite-dimensional state space provides a fully recursive representation of the economy: the ‘Master Equation’ … Web15 jul. 2024 · Step 1: Select an empty cell. You can start by opening an Excel spreadsheet and selecting an empty cell. With the cell selected, press the formula bar on the ribbon …
How can I use time loop in unsteady impilicit finite difference equation
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How to use the IF function in Excel - YouTube
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