Macro
Macroeconomics (M1)
This class is designed for Master 1 students. I cover seminal contributions of 20th Century in macro, from Samuelson's Overlapping Generations model to Lucas's rational expectations and endogenous growth theory. I have made every effort to present those important contributions using only the simplest technical tools.
Syllabus (M1 - Macroeconomics)
Lecture notes and slides
Chapter 1: Overlapping Generations, Money and Pensions [notes] [slides]
Chapter 2: The Rational Expectations Revolution [notes] [slides]
Chapter 3: Business Cycles [notes] [slides]
Chapter 4: Measurements [notes] [slides]
Chapter 5: Growth [notes] [slides]Â
Announcements
Projects: as discussed, I would like you to record a 2 minutes video presentation of your group homework. All team members should participate in the video. Please send Oliver a link to the video (no video file, too heavy!) alongside your group project. Same due date, March 29th.
Projects: The midterm group homework is due on the 8th week of the term, i.e. Monday 22 March on the 9th week of the term, i.e. Monday 29 March. Here are some guidelines and a list of suggested topics (free disposal).
The gender pay gap: Some material on the gender pay gap. You guys are welcome to have a look at the following recent(-ish) publications (selected tables here), which I find very much illuminating:
-1- Henrik KLEVEN, Camille LANDAIS, Johanna POSCH, Josef ZWEIMULLER, "Child Penalties Across Countries: Evidence and Explanations," American Economic Association Papers and Proceedings.
-2- Ghazala AZMAT, Rosa FERRER, "Gender Gaps in Performance: Evidence from Young Lawyers," Journal of Political Economy, 2017.
-3- Leonardo BURSZTYN, Thomas FUJIWARA, Amanda PALLAIS, "'Acting Wife': Marriage Market Incentives and Labor Market Investments," American Economic Review, 2017.
-4- Klarita GERXHANI, Ernesto REUBEN, Heather SARSONS, Arthur SCHRAM, "Gender Differences in Recognition for Group Work," Journal of Political Economy, forthcoming.
Mock final exams: Here are two mock exams, to prepare for the final. Mock exam #1, with its solutions #1, mock exam #2, this one with no solutions, mock exam #3, with its solutions #3. And here is a list of important concepts from the class that you should be familiar with.
Stay safe!