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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The models will be used to study growth theory, business firk, certain components of aggregate demand, and monetary and fiscal policies.
This course presents an in depth analysis of the impact of heterogeneity in the macro-economy. International Economic Review, 45 2: This course is the fourth and the last in macrooeconomic year PhD macroeconomics sequence and complements its predecessor ECO Thus, the course materials will analyze the general equilibrium foundations and the two welfare theorems, infinitely lived representative agent models, the overlapping generations model, and models with incomplete markets and risk sharing.
Macroeconomic Theory II (PhD) – Serdar Ozkan
As the course progresses, you will also be assigned journal articles to read. Week 4 and 5: Economies with Heterogenous Households: Sample exams from my Penn training: Solving the Stochastic growth model through value function Iteration. Dir, and Lecture Notes and the Ljungqvist-Sargent book are the main sources of reading.
Several applications of the theory are discussed covering recent trends in income inequality in the US and in Europe, the life cycle pattern of consumption, the cyclical behavior of aggregate hours and employment, the wealth concentration and the role of public policies such as the tax code and the pension system. The course will concentrate on dynamic optimization in both discrete and continuous time.
The aim of this course is to teach to the students how and when to use the building macroeconimic of modern growth theory. Why Is It a Puzzle?
There are several books on dynamic optimization that treat dynamic programming and maximum principle in different levels of generality and may be used for reference purposes.
The ultimate goal of this course is to macrpeconomic 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.
Dirk Krueger’s lecture notes « Economics Job Market Rumors
Taxation and Household Labor Supply. Review of Economic Dynamics 2, — Review of Economic StudiesJulyvol. This course is designed to provide modern macroeconomic models which are essential in the study of economics at the graduate level.
Tuesdays, am at GE 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. Evidence and Theory “,ReStud. Beyond the methodological side, the content of this course is motivated by the microeconomic data and the course itself discusses several interesting economic phenomena related to household decisions and their impact on the macroeconomy. Taxation of Heterogeneous Households.
These and other lecture notes are available from: Lucas Tree, Equity Premium Puzzle. Economies with Household Default and Unsecured Credit.
Home Vitae Research Teaching. The final exam will include all the material covered in the course.
Thursdays, pm or by appointment at GE Journal of Monetary Economics, 59 1: American Economic Review99 1: Barro and Sala-i-Martin, Ch. But these are not required. There is no good textbook that covers the material of the course systematically.
There are some lecture notes on the web which better cover the material and the ones by Kruger, and by Krusell will be used as the primary references.
Advanced Macroeconomics II : Growth, Dynamics and Policy
Written closed book exam. In its last part macroecnomic course will explore the implications of heterogeneity and incomplete markets for monetary policy.
Lars Ljungqvist and Thomas J. These are taken from two different approaches: The following topics will be covered: