Schedule720
Special dates ##¶
- Sep-07 (Mon): Labor day
- Sep-28 (Mon): Midterm: Material covered: TBA.
Modern Macro ##¶
- Aug-10 (Mon): Modern macro, Here we talk about methods: how to set up a general equilibrium model and characterize its equilibrium.
- Aug-12 (Wed): Sequential trading and Arrow-Debreu
Overlapping Generations ##¶
- Aug-17 (Mon): Model
- Aug-19 (Wed): OLG model (continued)
- Aug-24 (Mon): OLG model (continued)
- Aug-26 (Wed): Dynamics and steady state, solution for example, PS1, answers
- Aug-31 (Mon): Efficiency and Social Security, RQ (review questions, not to be handed in)
- Sep-02 (Wed): Bequests
- Sep-09 (Wed): Money in OLG models, PS2, answers
Infinite Horizon, Discrete Time Models ##¶
- Sep-14 (Mon): The growth model
- Sep-16 (Wed): Dynamic programming
- Sep-21 (Mon): Competitive equilibrium, RQ, PS3, answers
- Sep-23 (Wed): Cash in advance models, RQ, PS4, answers
- Sep-30 (Wed): Two sector models, RQ, (Skipped this year)
- Example: Asset pricing, RQ, (Skipped this year)
- Dynamic programming theorems, Notes on Dynamic Programming, (Skipped this year)
Infinite Horizon, Continuous Time Models ##¶
- Oct-05 (Mon): Solow model
- Oct-07 (Wed): Optimal control
- Oct-12 (Mon): The growth model
- Oct-14 (Wed): Competitive equilibrium
- Dynamics and phase diagrams (skipped this year), RQ
- Oct-19 (Mon): Money in the utility function, PS5, answers
Endogenous Growth ##¶
- Oct-21 (Wed): Endogenous growth: AK model, RQ, Phase diagram (skipped this year)
- Oct-26 (Mon): Increasing varieties, part II
- Oct-28 (Wed): Knowledge spillovers and scale effects, PS6, answers
- Nov-02 (Mon): Quality ladders
Stochastic Growth ##¶
- Nov-04 (Wed): Stochastic optimization
- Dynamic programming -- we will not talk about this in class. Think of it as a simple user guide to the results that are out there.
- Nov-09 (Mon): Asset pricing
- Nov-11 (Wed): Extensions, RQ, PS7, answers
- Nov-16 (Mon): Stochastic growth model, RQ