Universität Wien FIND

040110 UK Macroeconomics and Inequality (MA) (2019W)

Track in Macroeconomic Policy

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung

An/Abmeldung

Details

max. 50 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

Donnerstag 10.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 11.10. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Donnerstag 17.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 18.10. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Donnerstag 24.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 25.10. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Donnerstag 31.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Donnerstag 07.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 08.11. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
Freitag 15.11. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Donnerstag 21.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 22.11. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Donnerstag 28.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 29.11. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Donnerstag 05.12. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 06.12. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Donnerstag 12.12. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 13.12. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Donnerstag 09.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 10.01. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Donnerstag 16.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 17.01. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Donnerstag 23.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 24.01. 11:30 - 13:00 PC-Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Donnerstag 30.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Freitag 31.01. 11:30 - 13:00 PC-Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Untergeschoß

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

This course provides students with a macroeconomic perspective on important topics such as wealth and income inequality, pensions and retirement, education, taxation, and consumer debt. Differences between individuals (i.e. heterogeneity) play a central role in all these topics.

This course relies on state-of-the-art heterogeneous agent models (à la Bewley-Huggett-Aiyagari) which are one of the workhorse models in modern macro. Students will learn to analyze these models as well as to apply them to practical examples on the computer.

After introducing the basic methods, the course discusses interesting research papers in the different areas listed above. (Specific focus can be adapted to student preferences.)

The aim of this course is to develop a sound command of heterogeneous agent models that allows students to understand state-of-the-art research in the field. Students also start working on numerical applications in Matlab.

Art der Leistungskontrolle und erlaubte Hilfsmittel

Evaluation consists of
(30%) midterm exam
(30%) problem sets to be handed in
(30%) term project*
(10%) participation

* The term project can either be a research proposal or a numerical exercise in Matlab.

Mindestanforderungen und Beurteilungsmaßstab

Students need to achieve at least 50% of all points to pass this course.

The course "Growth and Business Cycles" (or equivalent) is a prerequisite. The course "Dynamic Macroeconomics with Numerics" and some familiarity with Matlab are useful but not necessary.

Prüfungsstoff

Literatur

Additional reading on methodology:
Stokey, N. and R. E. Lucas (with E. C. Prescott), 1996,
Recursive Methods in Economic Dynamics, Harvard University Press.
Ljungqvist, L., T. Sargent, 2018,
Recursive Methods in Macroeconomic Theory, MIT Press.

Further reading for specific topics will consist of research papers announced in class.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Do 10.10.2019 11:48