Monetary policy, redistribution and endogenous asset market incompleteness

该项目旨在提供一个新的框架，用于模拟代理异质性，并评估货币政策对商业周期中总福利和财富分配的影响。该项目将侧重于货币政策，使用新的定量理论和新的有效计算方法，以了解和量化货币政策之间的联系，总体结果的动态（如通货膨胀或就业），以及个人财富的分配（如货币，资本和住房）。

This project aims to provide a new framework for modelling agent heterogeneity and for evaluating the effects of monetary policy on aggregate welfare and wealth distribution over the business cycle. This project will focus on monetary policy, using new quantitative theories with new efficient computational methods, to understand and quantify links between monetary policy the dynamics of aggregate outcomes (such as inflation or employment), and the distribution of individual wealth (such as money, capital and housing).