The Fulbright Specialist Program supports this five-session Macroeconomic Modeling course at the Universidade Católica de Brasília.
Below you'll find the materials used in the course. You should expect a fresh batch of notes and slides one or two days before each session; check regularly! Also, if you happen to find a typo or something doesn't quite make sense, please reach out to me via email.
SESSION 1 - MACROECONOMIC BASICS
Lecture Notes 1 - Static Real Business Cycle Models.
Lecture Notes 2 - Dynamic Real Business Cycle Models.
Lecture Notes 3 - The Social Planner Problem.
Lecture Notes 4 - The Steady State and Infinite Horizons.
Lecture Notes 5 - Adding Randomness to the Model.
Slides for Session 1: Macroeconomic Basics.
SESSION 2 - SOLUTION METHODS
Handout 1 - Linear Algebra Basics.
Handout 2 - Matlab Basics.
Handout 3 - Solving Nonlinear Systems of Equations: Theory.
Handout 4 - Solving Nonlinear Systems of Equations: Matlab.
Lecture Notes 6 - Linear Systems.
Slides for Session 2: Solution Methods.
SESSION 3 - APPLICATIONS I: REAL FRICTIONS
Handout 5 - Dynare Basics.
Lecture Notes 7 - Adding Labor Supply.
Lecture Notes 8 - Factor Utilization Models. (Placeholder for now.)
Lecture Notes 9 - Fiscal Policy.
Lecture Notes 10 - Business Cycle Accounting.
Slides for Session 3: Applications I.
SESSION 4 - APPLICATIONS II: NOMINAL FRICTIONS AND MONETARY POLICY
Lecture Notes 11 - The MIU (Money in the Utility) Model. (Placeholder for now.)
Lecture Notes 12 - Monopolistic Competition.
Lecture Notes 13 - The Canonical New Keynesian Model.
Slides for Session 4: Applications II.
SESSION 5 - MACROECONOMETRICS
Slides for Session 5: Macroeconometrics.
Last updated: 06/30/2022.