Everything you need to know: Syllabus
3/19 - Introducing the Lucas-Prescott Islands Model (Sargent & Lungqvist, 2nd Ed. Ch 26)
3/21 - SNOW DAY!
3/26 - Aggregation in the Lucas-Prescott Islands Model (Sargent & Lungqvist, 2nd Ed. Ch 26)
3/28 - Search and matching from unemployment (Pissarides, Ch 1)
4/02 - Aggregate flows and solving search and matching (Pissarides, Ch 1)
4/04 - Competitive search and efficiency (Moen 1997)
4/09 - On the job search (Burdett Mortensen 1998)
4/11 - Job-to-job transitions and worker-side heterogeneity (Arbex O'Dea Wiczer 2018)
4/16 - Incomplete asset markets and ex post heterogeneity (Aiyagari 1994)
4/18 - Income fluctuations and precautionary savings (Aiyagari 1994)
4/23 - Aggregation and distributions with incomplete asset markets (Aiyagari 1994)
4/25 - Features of the wealth distribution (Castaneda, Diaz Gimenez & Rios Rull 2003)
PS 1 due Apr 4
PS 2 due Apr 11
PS 3 due Apr 25
Pissarides, Equilibrium Unemployment Theory
Petrosky-Nadeau and Wassmer, Labor, Credit, and Goods Markets
Manning, Monopsony in Motion