Universität Wien FIND

390012 UK PhD-VGSE: Bubbles in Macroeconomics (2018W)

Prüfungsimmanente Lehrveranstaltung

Details

max. 24 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

Note: Class on November 30 is cancelled! Additional Clas on November 23, 13.00 - 14.30 h, VGSE Seminarroom, 3rd floor

Freitag 05.10. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 12.10. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 19.10. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 09.11. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 16.11. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 23.11. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 30.11. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 07.12. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 14.12. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 11.01. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 18.01. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock
Freitag 25.01. 09:45 - 11:15 Seminarraum 13 Oskar-Morgenstern-Platz 1 2.Stock

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

Aims: Students become familiar with some important properties of asset price bubbles and with the recent and not so recent literature on the occurrence of bubbles in macroeconomics.
Contents: The first part of the course deals with basic properties of asset price bubbles. In the second part we study under which conditions asset price bubbles can occur in neoclassical growth models. The last part presents a number of recent approaches of modelling asset price bubbles in macroeconomics including models by Kocherlakota (2009), Miao and Wang (2018), Farhi and Tirole (2012), and Martin and Ventura (2018).
Methods: The main material will be presented by the lecturer, whereas some additional material will be covered by student presentations.

Art der Leistungskontrolle und erlaubte Hilfsmittel

Class room participation (20%), student presentations (40%), homework exercises (40%). If there are more students than topics for student presentations, a final oral exam may be included.

Mindestanforderungen und Beurteilungsmaßstab

For a positive grade one needs at least 50% of all points that can be earned.

Prüfungsstoff

All course material is relevant.

Literatur

Montrucchio (Economic Theory, 2004)
Woodford and Santos (Econometrica, 1997)
Tirole (Econometrica, 1985)
Kocherlakota (Discussion Paper, 2009)
Farhi and Tirole (Review of Economic Studies, 2012)
Martin and Ventura (Annual Review of Economics, forthcoming)
Miao and Wang (American Economic Review, forthcoming).

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Mi 13.03.2019 11:08