Matlab and Programming | OLG model | Wealth distribution | Economic Growth | Cross-country income gaps
Mar–4: Please pick a paper on cross-country income gaps and human capital to present, starting Mar–12.
Feb–4: From next week onwards, the class will meet at 3:30 in Gardner 008.
As we go along, I will update the code (and data) for this class on Github
The title is misleading. The course will focus on real macroeconomics. No money here.
In preparation for this class, I recommend:
Class meets Tu/Th 2–3:15pm in Gardner 007
Check this web site (www.lhendricks.org) regularly for updates.
A mixture of lectures, student presentations, and hands-on programming.
The lectures present key papers in each topic.
We will then replicate the results of select papers using Matlab.
This class is somewhat experimental. We will have to figure out how to efficiently do programming in class as we go along. Suggestions are welcome.
The class is graded based on participation in class.
Students are expected to present and discuss state-of-the art papers on the topics we will cover.
Jan–12 to 21: The material for this section is hosted at ReadTheDocs
Jan–26: Partial equilibrium (these are slides presented in class)
Jan–28: Stochastic model
Feb–2: Many period stochastic model
Feb–4: Computing the multi-period model
Feb–9: Background lecture
Feb–16: Student presentations (notes on their format)
Feb–18: Student presentations
Feb–25: Redistribution I
Mar–1: Redistribution II
Mar–3: Growth facts
Mar–8: Background on cross-country income gaps
Mar–8: Human capital quality
Mar–10: Immigrant earnings
Mar–15 to 17: Spring break
Mar–22 to 29: Presentation and discussion of current papers (by students).
Mar–31: Misallocation: Agriculture
Apr–7 to 12: Student presentations
Apr–19: Notes on the model
Apr–21: Computation: household problem
Apr–26: Last class