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Theory for Max-Share in a Model with VFCI #64

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fernando-duarte opened this issue Jul 26, 2024 · 0 comments
Open

Theory for Max-Share in a Model with VFCI #64

fernando-duarte opened this issue Jul 26, 2024 · 0 comments
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@fernando-duarte @matdehaven

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We want to be able to run the max-share method within a model with the VFCI, and see that it identifies the same dynamics as the max-share business cycle shock in the data.

Angeletos et al. and the Risky Business Cycle Paper both do this in their papers.
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