Post-Graduate School. Module 6: Macroeconomics-2
Module 6 "Macroeconomics-2" was held on May 17-21, 2010. Instructor: Dmitri Boreiko, Bolzano Free University
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Date
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Time
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Room
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17.05
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17:25
18:55
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407
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18.05
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17:25
18:55
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63
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19.05
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18:55
20:15
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404
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20.05
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08:15
09:45
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404
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21.05
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17:25
18:55
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404
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Lecture 1. 17/05/10
Introductory survey on Heterogeneous Agent Models in Economic and Finance. From the representative agent models through rational expectations to modeling heterogeneity.
Lecture 2. 17/05/10
Introductory survey on Heterogeneous Agent Models in Economic and Finance. Overlapping Generation models, Standard Incomplete Market model and extensions.
Lecture 3. 18/05/10
Mathematical tools for dynamic macroeconomics – differential equations, Euler equation, state variable, saddle path concepts.
Lecture 4. 18/05/10
Diamond Overlapping Generation (OLG)Model. Deriving a tractable solution.
Lecture 5. 19/05/10
Diamond OLG Model. Dynamics of the economy and dynamic inefficiency.
Lecture 6. 19/05/10
Diamond OLG Model extensions. Blanchard model.
Lecture 7. 20/05/10
A simple Ramsey Heterogeneous-Agent model. Introducing unemployment.
Lecture 8. 20/05/10
A simple Ramsey Heterogeneous-Agent model. Stationary equilibrium.
Lecture 9. 21/05/10
Explaining low risk-free rate and large equity premium puzzles using heterogeneous-agent models.
Lecture 10. 21/05/10
Recent advances in Heterogeneous Agent Macroeconomics. Conclusion.
