Macroeconomic model reference

Life-Cycle Hypothesis Model

Modigliani's life-cycle hypothesis: rational agents smooth consumption over their entire lifespan by saving during working years and dissaving in retirement.

Theory-based models · Interactive graph

Life-Cycle Hypothesis graph: parameters, shocks, and readouts

Use the Life-Cycle Hypothesis graph to move parameters, inspect shocks, and read the model outputs that change.

Macro by Mark

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