PolicyEngine Macro · feasibility note · us-hank model
Open US HANK models
Public code, data, citations, GitHub activity and analytical coverage. Citation counts use canonical OpenAlex records; stars use the GitHub API.
AS OF 21 JUL 2026
A4 · ONE-PAGE EDITION
A4 · ONE-PAGE EDITION
Best complete candidate: Bayer–Born–Lütticke provides the clearest combination of a US-calibrated model, public data, estimation machinery, replication targets and an explicit GPL-3.0 licence. Sequence-Space Jacobian is the strongest Python foundation, but is not itself a fully estimated institutional US model.
| Model / resource | Year | Citations | Stars | Code and data | Coverage |
|---|---|---|---|---|---|
| Bayer–Born–Lütticke Shocks, Frictions, and Inequality in US Business Cycles | 2024 | 46 | 4 | Both available Julia · GPL-3.0 | US business cycles; income and wealth inequality; one-/two-asset households; portfolio choice; fiscal and monetary shocks; Bayesian estimation. Aggregate quarterly data approximately 1954Q3–2019Q4. |
| FRBNY Estimating HANK Central-bank estimation and forecast evaluation | 2023 | 10 | 5 | Code + BBL data Julia · licence not explicit | Recursive Bayesian estimation and pseudo-out-of-sample forecasts; output, consumption, investment, wages, hours, inflation, policy/shadow rates and inequality; comparison with Smets–Wouters. |
| Kaplan–Moll–Violante Monetary Policy According to HANK | 2018 | 1,359 | N/A | Both available Fortran · ICPSR; licence unclear | US monetary transmission; liquid and illiquid assets; hand-to-mouth households; earnings risk; wealth and MPC distributions; aggregate consumption responses. Scientific replication rather than forecasting. |
| Sequence-Space Jacobian One- and two-asset HANK examples | 2021 | 245 | 351 | Python framework + example inputs MIT; no full US dataset | Steady states, Jacobians, likelihoods, impulse responses and perfect-foresight transitions. Broad modelling framework, not a specific official US empirical model. |
| Fed Board HANK Comes of Age Monetary policy with heterogeneous overlapping generations | 2024/25 | 0* | N/A | Downloadable materials No maintained official GitHub repo; licence unclear | US life cycle: age, labour supply, wealth, retirement, MPCs, monetary transmission, asset repricing, consumption and welfare by age. |