Universität Wien

040110 KU Macroeconomics and Inequality (MA) (2020W)

Track in Macroeconomic Policy

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

An/Abmeldung

Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").

Details

max. 18 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

The class is set up around physical classroom teaching and features home-learning elements. There will be an online streaming opportunity if students cannot attend classroom teaching.

UPDATE: Starting November 3, the class will be held entirely online. Refer to Moodle for details.

  • Donnerstag 01.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 06.10. 15:00 - 16:30 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Donnerstag 08.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 13.10. 15:00 - 16:30 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Donnerstag 15.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 20.10. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Donnerstag 22.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 27.10. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Donnerstag 29.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 03.11. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Donnerstag 05.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 10.11. 15:00 - 16:30 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Donnerstag 12.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 17.11. 15:00 - 16:30 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
  • Donnerstag 19.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 24.11. 15:00 - 16:30 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
  • Donnerstag 26.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 01.12. 15:00 - 16:30 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
  • Donnerstag 03.12. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Donnerstag 10.12. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 15.12. 15:00 - 16:30 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
  • Donnerstag 17.12. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 12.01. 15:00 - 16:30 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
  • Donnerstag 14.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 19.01. 15:00 - 16:30 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
  • Donnerstag 21.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Dienstag 26.01. 15:00 - 16:30 PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
  • Donnerstag 28.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock

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 take home 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

Research papers that are announced in class and on the syllabus.

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.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Di 15.06.2021 13:27