Instructor: Daniel Yi Xu
Location: Room 624, 19th W 4th Street
Time: Tuesday 9:30am-11:30am (We usually go overtime until noon).
Introduction:
This is the third course in the Graduate IO sequence. It is closely integrated with the Graduate Industrial Organization I and II taught by Bar-Isaac/Lee and Jovanovic. A substantial part of the lectures will build on the topics covered in previous sequences.
Course Requirement: See Syllabus Below.
Schedule: I will update on class notes as we move on.
Jan 25: Introduction to Estimation of Dynamic Models: Aguirregabiria and Mira’s Survey (2009), Rust (1994)
Application of single agent dynamics: Sales and storage - Hendel and Nevo (2006)
Feb 8: Durable goods - Gowrisankaran and Rysman (2009), Information and Learning - Ackerberg (2001) Crawford and Shum (2005)
Feb 15: Entry and Market Structure - Berry and Reiss (2006), Berry (1992), Ciliberto and Tamer (2009)
Feb 22: Moments Inequalities - Pakes (2010) [Alternative Models for Moments Inequalities], Ho (2009)
Feb 25: Finish up Moments Inequalities - Holmes (2011)
March 1: Competitive Industry Dynamics - Jovanovic (1982) Dunne, Roberts, and Samuelson (1989) Rossi-Hansburg and Wright (2007)
Homework 1 (Due 3/30): referee report - Dickstein (2011) http://www.people.fas.harvard.edu/~mdickst/papers/eff_prov_jan_2010.pdf, focus on comparison with Crawford and Shum (2005).
March 4: Competitive Industry Dynamics- Klette and Kortum (2004) Lentz and Mortensen (2008)
March 22nd: Dynamic Oligopoly - Doraszelski and Pakes (2006) Benkard (2004)
April 1: Estimation of Dynamic Discrete Game - Aguirregabiria and Mira (2007), Pakes, Ostrovsky, and Berry (2007)
April 5: Estimation of Dynamic Game with Continuous Choices - Bajari, Benkard, and Levin (2007), Ryan (2010)
April 12: Dynamic Panel and Production Function - http://www.nuffield.ox.ac.uk/users/bond/prodfuncs_final.pdf
April 19: Productivity - Flexible Measurement, Demand vs. Efficiency - Foster etc (2008) and lecture notes
Reminder: April 20 noon - Student Presentation and Lunch at CV Star Center
April 26: Financial Frictions and Industry Dynamics