Introduction to Recursive Macroeconomics
Lecture notes:
- Lecture 1: Why DSGE?
- Lecture 2: Simple cake eating, dynamic programming
- Lecture 3: Topology
- Lecture 4: Recursive macro
- Lecture 5: Application - Kydland and Prescott RBC and business cycle facts
Readings:
- Adda and Cooper "Dynamic Economics", sample chapters in google books, codes from Russell Cooper
- Stokey, Lucas with Prescott "Recursive Methods in Economic Dynamics", sample chapters in google books
- Sargent and Ljungqvist "Recursive Macroeconomic Theory", sample chapters from google books
- Morten O. Ravn "Lecture Notes on Macroeconomic Analysis", Chapter 1- Introduction to DSGE Models, Chapter 2 - Growth Model, more good stuff on the Quantitative Macro Course website
Additional readings:
- Canova "Methods for Applied Macroeconomic Research", a few sample chapters from Princeton University Press, a few more from Fabio Canova's website
- de la Fuente "Mathematical Methods and Models for Economists", sample chapters from google books
- Dave and DeJong "Structural Macroeconometrics", sample chapters and codes
- Gali "Monetary Policy, Inflation and the Business Cycle: An Introduction to the New Keynesian Framework", a few sample chapters from Princeton University Press
Useful links:
- Euro Area Business Cycle Network
- Second order approximation by Stephanie Schmitt-Grohe and Martin Uribe