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