View Notes – MacroTheory Krueger from ECONOMICS at University of Technology, Sydney. Macroeconomic Theory Dirk Krueger1 Department of. Someone in a thread I read here today referred to Krueger’s macro lecture notes. I’ve googled, but haven’t found them anywhere. Does anyone where to get a. Econ is the first course in the macro PhD sequence. Its objective This is a pure theory Dirk Krueger’s Macroeconomic Theory manuscript ( version).
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Advanced Macroeconomics II : Growth, Dynamics and Policy
The ultimate goal of this course is to learn how to develop a variety of quantitate models that can be used to generate artificial data of both allocations and prices which can be meaningfully mapped to actual data to give answers to macroeconomic questions. Tuesdays, am at GE This course is designed to provide modern macroeconomic models which are essential in the study of economics at the graduate level.
Slides and Lecture Notes and the Ljungqvist-Sargent book are the main sources of reading. The final exam will include all the material covered in the course. Journal article to be supplied. On the optimal progressivity of the income tax code.
Taxation of Heterogeneous Households. Barro and Sala-i-Martin, Ch.
Stokey and Lucas, Ch. In this course, most if not all of the material will be studied from the strict theoretical point of view and the emphasis is on economic rigor.
Coursedescription – GRA
Lars Ljungqvist and Thomas J. Economies with Household Default and Unsecured Credit. Tuesdays, 11am-noon at GE Tutorials: The course will develop the key models and techniques in use in modern macroeconomics. American Economic Review99 1: Measure Theory and Industry equilibrium. Journal of Monetary Economics, 59 1: But these are not required. There is no good textbook that covers the material of the course systematically. Storesletten and Violante, G.
Economies with Heterogenous Agents: Review of Economic Studies, 79 1: As cirk course progresses, you will also be assigned journal articles to read.
International Economic Review, 45 2: These are taken from two different approaches: This course presents an in depth analysis of the impact of heterogeneity in the macro-economy. On the welfare effects of eliminating business cycles.
Lucas Tree, Equity Premium Puzzle. Infinite horizon models of economic growth Macroedonomic growth theory, an introduction Technological progress, the “embodiment controversy” and growth Schumpeterian models of thdory growth and fluctuations.
Economies with Heterogenous Households: Review of Economic Dynamics 2, — The following topics will be covered: The models will be used to study growth theory, business cycles, certain components of aggregate demand, and monetary and fiscal policies. Written closed book exam. Week 4 and 5: Instructor S macrowconomic Ozkan: Thursdays, pm or by appointment at GE Capital and Labor Taxation.
Sample exams from my Penn training: This course is the fourth and the last in 1st year PhD macroeconomics sequence and complements macroeconoomic predecessor ECO The main framework utilized is the so called model of heterogeneous agents and wealth accumulation, basically the workhorse model in modern quantitative macroeconomics.
Chang Y and Kim S-B The treatment of the economic problems is rigorous and the students will be required to master the numerical methods which are utilized to solve the models presented in class.
The objective is not to give a review of known results of a specific topic but rather to give an example of how to use yheory macroeconomic tools to tackle questions. Home Vitae Research Teaching. Furthermore, this course is not a survey of topics in macroeconomics: Models of Heterogeneous agents firk aggregate risk: A Fresh Start for Some” Thus, the course materials will analyze the general equilibrium foundations and the two welfare theorems, infinitely lived representative agent models, the overlapping generations macroeconomicc, and models with incomplete markets and risk sharing.
So, we will neither look at data in any serious manner nor computationally solve the models. The aim of this course is to teach to the students how and when to use the building blocks of modern growth theory. Theory and Applications a Theory Krusell, P.