Schedule721
Introduction¶
- Jan-8 (Thu): Class Introduction, Here we talk about methods: how to set up a general equilibrium model and characterize its equilibrium.
Overlapping Generations¶
- Jan-13 (Tue): Model
- Jan-15 (Thu): OLG model (continued)
- Jan-20 (Tue): Dynamics and steady state, PS1, due Sep-16 (best to email pdf file; by end of day), | Dummy
- Jan-22 (Thu): Dynamics and steady state (continued)
- Jan-27 (Tue): Efficiency and Social Security
- Jan-29 (Thu): Money as a bubble, PS2, due Sep-30
Money¶
- Feb-3 (Tue): Money as a bubble (continued)
- Feb-5 (Thu): Cash in advance models, PS4, due Oct-23
- Feb-10 (Tue): Optimal control
- Feb-12 (Thu): Optimal control (contd.)
- Feb-17 (Tue): Money in the utility function, PS5, due Nov-11
Endogenous Growth¶
- Feb-19 (Thu): Endogenous growth: AK model, Increasing varieties
- Feb-24 (Tue): Increasing varieties, part II
- Feb-26 (Thu): Midterm exam
- Mar-3 (Tue): Knowledge spillovers and scale effects, PS6, due Nov-20
- Mar-5 (Thu): Quality ladders
- Mar-10 (Tue): Quality ladders (contd.)
- Mar-12 (Thu): Quality ladders with firm dynamics
- Mar-17 (Tue): Spring Break
- Mar-19 (Thu): Spring Break
Heterogeneous Agents and Inequality¶
- Mar-24 (Tue): Benchmark: Huggett 1996
- Mar-26 (Thu): Entrepreneurship
- Mar-31 (Tue): Other models of wealth distribution (in brief)
- Apr-2 (Thu): Wellness day
Frictional Labor Markets¶
- Apr-7 (Tue): McCall Model
- Apr-9 (Thu): Mortenson-Pissarides Model
- Apr-14 (Tue): Mortenson-Pissarides Model (contd.)