Taiwan Class

Course Outline is attached. Here is a brief outline of the lectures.

Lecture 1: June 5, 2:00-5:00 pm

    • Introduction to Dynamic Programming

      • Theory

      • Numerical Analysis

      • Estimation

    • Examples

      • Asset Pricing

      • Dynamic Discrete Cake Eating

      • Growth Model

Lecture 2: June 6, 2:00-5:00 pm

  • Household Consumption/Saving

    • conpre.pdf is basic model

    • cb_slides_0112.pdf is based on a Bonaparte-Cooper paper

  • Household Labor Supply

  • Discrete Demand for Durables

    • Household theory

    • Estimation

    • Aggregate Implications

    • durs_pre.pdf are the presentation slides

Lecture 3: June 7, 9:00-12:00 am

    • Dynamic Factor Demand

    • Capital

      • Q theory

      • Non-convex Adjustment Costs

        • Estimation

        • Aggregate Implications

      • coapres_606.pdf are presentation slides for Cooper-Haltiwanger

    • Labor:

      • China Labor Market Policies

      • CGY slides below