Schedule720
Special dates¶
- Sep-28 (Tue): Midterm: Material covered: TBA.
- Nov-25 (Thu): Fall break
Modern Macro¶
- Aug-19 (Thu): Modern macro, Here we talk about methods: how to set up a general equilibrium model and characterize its equilibrium.
- Aug-24 (Tue): Sequential trading and Arrow-Debreu
Overlapping Generations¶
- Aug-26 (Thu): Model
- Aug-31 (Tue): OLG model (continued)
- Sep-02 (Thu): OLG model (continued)
- Sep-07 (Tue): Dynamics and steady state, example (not yet active), PS1, due Sep-14
- Sep-09 (Thu): Efficiency and Social Security, RQ (review questions, not to be handed in)
- Sep-14 (Tue): Bequests
- Sep-16 (Thu): Money in OLG models, PS2, due Sep-21
Infinite Horizon, Discrete Time Models¶
- Sep-21 (Tue): The growth model
- Sep-23 (Thu): Dynamic programming
- Sep-30 (Thu): Competitive equilibrium, RQ, PS3, due Oct-5
- Oct-05 (Tue): Cash in advance models, RQ, PS4, due Oct-12
- Oct-07 (Thu): Two sector models, RQ, (Skipped this year)
Infinite Horizon, Continuous Time Models¶
- Oct-12 (Tue): Solow model
- Oct-14 (Thu): Optimal control
- Oct-19 (Tue): The growth model
- Oct-21 (Thu): Competitive equilibrium
- Dynamics and phase diagrams (skipped this year), RQ
- Oct-26 (Tue): Money in the utility function, PS5, due Nov-2
- Oct-28 (Thu): Perpetual youth
- Aggregation issues (skipped this year)
Endogenous Growth¶
- Nov-02 (Tue): Endogenous growth: AK model, RQ, Phase diagram (skipped this year)
- Nov-04 (Thu): Increasing varieties, part II
- Nov-09 (Tue): Knowledge spillovers and scale effects, PS6, due Nov-16
- Nov-11 (Thu): Quality ladders
Stochastic Growth¶
- Nov-16 (Tue): 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-18 (Thu): Asset pricing
- Nov-23 (Tue): Extensions, RQ, PS7, due never
- Nov-30 (Tue): Stochastic growth model, RQ