Notes on Computational Methods



This page is an archive of lecture notes and slides that I created mostly when I was teaching at the University of Illinois, Urbana-Champaign (UIUC). Naturally, since the materials are old (most notes were written in 2006-2007), and there are so many textbooks on numerical mathods written since the days I was teaching, I am not sure about the value of these notes. But I still hear nice words about these notes (thanks!), so I leave them here. I am hoping to create my own textbook based on the materials here and other things I learned since my days at UIUC some day.


Numerical Methods


Dynamic Programming


Neoclassical Growth Model


Real Business Cycle (RBC) Model


Heterogeneous-Agent Model in Steady State (Aiyagari Model)


Heterogeneous-Agent Model with Aggregate Shocks (Krusell-Smith Model)


Heterogeneous-Agent Model with Endogenous Debt and Default


Parallel Computing