Heterogenous Agents Consumption Savings Model

This video goes through a heterogenous agents consumption savings model
Created by Justin S. Eloriaga
Website: justineloriaga.com

[@muhadiism]

this video comes just in the perfect time! i'm currently writing a theoretical essay for my final exam about Fiscal Policy (Social Protection) and Aging Population Phenomenon. this will be very helpful for my essay. thank you so much!!

[@muhadiism]

my essay may seem unrelated with the video but i'm using some consumption-savings model to help elaborate my point about the need & importance of savings and social protection scheme for workers to prepare for their coming old life (eg. life cycle hypothesis and smoothing consumption over the life cycle)