2015 Spring: Macro II.b

Marek Kapička

CERGE-EI

Spring 2015

Mondays,Wednesdays 15:00-16:30

Welcome to the website of Macroeconomics II. The course will cover some of the tools needed for understanding of modern macroeconomics, and some applications. In particular, we will cover:

  1. Dynamic Programming: review (SLP, chapter 2,4, LS chapter 2)
  2. Models with Heterogeneous agents: consumption insurance (LS, chapter 16,17, papers)
  3. Models with Heterogeneous agents: labor search (LS, chapter 6, 28, papers)
  4. General Equilibrium Theory (SLP, chapter 15)

Syllabus

There will be no class on March 2 and March 4. Make-up classes will take place on February 27 10:30-12:00 and March 13 10:30-12:00

Slides on Dynamic Programming

Problem Set 1, due Friday March 6. If you want do Q3 in Julia or Python, you may find this website useful.

Slides on Consumption Insurance

Solution to PS1Q3: Matlab, Julia

Problem Set 2, due Friday March 20

Slides on Search and Matching

Problem Set 3, due Friday March 27