论文信息 - VGSE 2013/14, Syllabus of \Advanced Computational Methods for Macroeconomics"

VGSE 2013/14, Syllabus of \Advanced Computational Methods for Macroeconomics"

In the course we will study some very recent papers about various aspects of business cycles and crises. The aim is to understand the economic theory behind it, but also to go as far as possible in replicating the results of the papers. All the papers use simulation methods to derive their results. We will use Matlab and some of my own programs to solve these models. Some prior experience with Matlab would be very helpful. The course will focus on the following four papers:

[1] K. Judd,et al. including © notice, is given to the source. A Cluster-Grid Projection Method: Solving Problems with High Dimensionality , 2010 .

[2] Lawrence J. Christiano,et al. Unemployment and Business Cycles , 2013 .

[3] N. Kiyotaki,et al. Financial Intermediation and Credit Policy in Business Cycle Analysis , 2010 .

[4] Paul R. Milgrom,et al. The Limited Influence of Unemployment on the Wage Bargain , 2005 .

[5] Jasmina Hasanhodzic,et al. Generational Risk - is it a Big Deal?: Simulating an 80-Period OLG Model with Aggregate Shocks , 2013 .

[6] Philip H. Dybvig,et al. Bank Runs, Deposit Insurance, and Liquidity , 1983, Journal of Political Economy.

[7] Per Krusell,et al. Gross Worker Flows over the Business Cycle , 2017 .

[8] Per Krusell,et al. A Three State Model of Worker Flows in General Equilibrium , 2009, J. Econ. Theory.

[9] N. Kiyotaki,et al. Banking, Liquidity and Bank Runs in an Infinite-Horizon Economy , 2013 .