Contents
-announcements
(Aug. 12) :
--some FAQ regarding the forthcoming exam
1) Do I need to spend time on the presentation papers?
A) No. The questions can be solved without the presentation papers that were assigned individually. However, it might deepen some of your arguments so it could be beneficial to skim through.
2)Will the format be simillar to midterm and final exam i,e including mathematical questions and essay questions?
A) Yes
3) If possible, could you please post the midterm questions?
A) See the bottom of this page
(May 28) : 8pm
--final grade posted through Banner system
-I want to know if the grade is visible and would appreciate if you could email me the grade that you see (I have revised the grade a couple of times before 8pm)
(May 27) :
--final answer key posted (see the bottom of this page)
(May 19) :
--some clarifications:
-The final material is covered from the end of lecture note 3 (Iacoviello model) until the end. In addition, student presentation is also included in the material (see the slides posted on a different webpage for your reference).
-The last lecture note 9 (empirical topic) assumes that you know the material from the first half of the class (trend inflation, SDP model etc). However no theoretical questions on these topics will be asked.
(May 18)
--Revised syllabus posted. It now reflects the material covered in class:
-The double-starred papers in the syllabus are must-reads
-The one-starred papers are must-reads too but no math required.
-The no-starred papers are useful in understanding the literature (introduction part would be enough)
-Further readings papers at the very end are excluded from the exam
(May 15)
--Lecture note posted
(May 9)
--slides for 5/5 presentation posted
--Lecture note posted
(May 3)
--slides for 4/28 presentation posted
(May 1)
--Lecture note posted
(Apr.17)
--Homework 2 posted
(Apr.12)
--Lecture note posted
(Apr.9)
--slides for 4/7 presentation posted
(Apr.5)
--Lecture note posted
(Apr.1)
--slides for 3/31 presentation posted
(Mar.28)
--final scheduled on May.26 (term paper is due on the 12th as originally stated in syllabus)
(Mar.26)
--Lecture note posted
--You can find the mod file for CEE (2005) here
(Mar.23)
--I have a business trip in the morning and might arrive a bit late for the afternoon class. Please wait in the classroom in such case.
(Mar.21)
--The schedule for the presentation is now posted.
(Mar.16)
--I will be in my office tomorrow from 1:15pm. If you have questions regarding the exam, please make an appointment.
(Mar.11)
--Lecture note posted
--Code for IRF exercise posted
(Mar.6)
--Homework 1 posted
(Mar.4)
--Lecture note posted
--Papers to read for midterm:
-The starred papers in the syllabus are to be read thoroughly, including the mathematical derivations.
-The unstarred papers are required to be read too but no mathematical questions will be asked in the exam.
-Finally, the papers listed in the term paper section is recommended to be read. It should help you to understand the literature better
(introduction part would be enough)
(Mar.2)
--Midterm scheduled on Mar.17
(Feb.27)
--This Thursday and (possibly in the following week) we deal with a good amount of equations / derivations of the BGG (2000) model. I suggest you have a look before the class.
(Feb.26)
--Papers for student presentation posted (follow the link "Term projects" below)
(Feb.25)
--Lecture note posted
--Additional materials for the Matlab session posted
(Feb.22)
--Problem set for Matlab session 2 now posted (follow the link "computer codes" below)
(Feb.21)
--Link to the dynare code used in the class: http://www.philip-liu.net/files/dynare/cama_dynare.pdf
--This week's office hour will be held from 1-2pm, instead of the usual 4-5pm.
--Matlab session will be held from 4:10-4:40pm @ Room C196.03 (note: not 02!)
(Feb.20)
--Codes used in Matlab session 1 posted (follow the link "computer codes" below)
(Feb.15)
--For tomorrow's Matlab session, please show up in the 5F student lounge first. If the room gets too crowded, session will continue in Room C196.02.
(The Matlab code that is used in the session will be posted later on my website)
(Feb.11)
--With regard to the Matlab session, please email me whether you want to attend or not. If there are more than four people attending, I will reserve computer classroom, with max capacity of 12)
--Jessica (my research assistant) will hold the introductory Matlab session on 2/16 (W) 2-2:30pm in the 5F student lounge (room 5313). If you are not familiar with Matlab at all, I encourage you to attend.
--Just a reminder, please email to my gmail account
(Feb.10)
--Lecture note posted. Follow the link below
--For more on perturbation method and other nice stuff, visit Michel Juillard's and Fabrice Collard's website.
--If interested in the Matlab workshop, please email your schedule by Friday 3pm (the earlier the better). I will post the date/time by Saturday
--Dynare is now installed in the student lounge PCs.
(Feb.3)
--My office is 5309. This is reflected in the updated syllabus.
--Lecture note posted. Follow the link below
--For a rigorous treatment of the equilibrium concept, read the following article.
Lucas, Robert (1978), "Asset Prices in an Exchange Economy," Econometrica, 46(6), 1429-1445.
--Some links to the useful documents that are related to the lecture
notes on dynamic programming
notes on habit persistence
--For the next two weeks (2/10 & 17) I will hold my office hour from 1pm to 2pm
(Feb.2)
the syllabus is posted (see the attachment below)
-links to class materials
useful website
- Prof. Peter Ireland's website has the Matlab replication files including Ireland (2004)
- Prof. Tai-kuang Ho's website has lots of DSGE lecture notes with detailed derivations
- DSGE-Net: an international research network for DSGE modeling, monetary and fiscal policy.
- Dynare : a pre-processor and a collection of MATLAB® and GNU Octave routines
which solve non-linear models with forward looking variables.