Macropolicygames

Short Course in Macroeconomic Policy Games

DIW Berlin, May 2018


Martin Bodenstein
Federal Reserve Board
E-mail: Martin.Bodenstein@gmail.com
Web page: https://sites.google.com/site/martinbodenstein/


Course Description

This is a short topics course in Macroeconomics. I will discuss setting up and solving games under cooperation and open-loop Nash strategies in dynamics stochastic general equilibrium (DSGE) models and I introduce a Matlab-based toolbox that facilitates the computation of equilibria in medium to large-scale models using perturbation techniques. In illustrating the toolbox, I focus on the open economy aspects of monetary policy.


Course material

    The current version of the lecture notes is posted here. (Last update: May 24, 2018!)

    Link to underlying paper and toolbox.

    Links to additional references:


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