Advanced Macro
Advanced Macro
Advanced Macro
Topic 1 - Recursive Methods: tools and examples
Topic 1 - Recursive Methods: tools and examples
Matlab Code for the Optimal Growth Model
Additional Readings:
Intertemporal General Equilibrium Models, by T Kehoe
Determinacy of Equilibria in Dynamic Models, by T Kehoe, D Levine and P Romer
Topic 2 - Real Business Cycle Models
Topic 2 - Real Business Cycle Models
Additional Readings:
Inspecting the Mechanism, by J Campbell
Topic 3 - New Keynesian Models
Topic 3 - New Keynesian Models
Additional Readings:
The New Neoclassical Synthesis, by M Goodfriend and R King
The Science of Monetary Policy, by R Clarida, J Gali and M Gertler
Managing a Liquidity Trap, by I Werning
Topic 4 - Asset Pricing
Topic 4 - Asset Pricing
Additional Readings:
The Equity Premium, by R Mehra and E Prescott
Undiversifiable Risk, by P Weil
Topic 5 - Financial Frictions and Investment
Topic 5 - Financial Frictions and Investment
Additional Readings:
Credit Cycles, by N Kioyotaki and J Moore
Financial Accelerator, by B Bernanke, M Gertler and S Gilchrist