Consumption/saving

Solving micro dynamic stochastic optimization problems[Jupyter Notebook]

Details

Consumption, saving and portfolio choice decisions over finite life horizon with stochatic income shocks
Detailed tutorial on differences between value-function iteration, policy function iteration, and other numerical methods used

Replication of Chris Carroll's lecture notes

Consumption problem with state-dependent beliefs[Jupyter Notebook]

Details

An extension of standard life-cycle/infinite-horizon consumption problem with an additional state variable of belief about income risks, whose transitions follow a Markov process.

Solving StE of an incomplete-market life-cycle economy [Jupyter Notebook]

Details

Complete solution methods of a one-asset/OLG-GE model populated by households who face uninsured idiosyncratic income risks
Transition dynamics of state-variable distribution over life cycle, and the stationary wealth distribution.

Estimation of permanent/transitory income process[Jupyter Notebook]

Details

Simulation and parameter estimation of a commonly used income process cotaining a permanent and a transitory (possibly serially correlated) component

Expectational surveys

Density estimation of bin-based density forecasts[Jupyter Notebook]

Details

Parametric distribution estimation based on density forecasts in surveys with externally divided bins

Numerical methods

Approximation of functions using discrete consine transformation[Jupyter Notebook]

Details

How the approximation technique used in image processing can be used by economists

Data

Automatic downloading, cleaning and initial analysis of Survey of Consumer Finance[Jupyter Notebook]

Details

Downloading a specified year of SCF data using API tools
Undertakes preliminary analysis such as Lorenz curve, life-cycle profile of wealth distribution, etc.

Other

A SIR model of stock investors[Jupyter Notebook]

Details

Replication of Shiller and Pound (1989)'s model of stock market investors