Universität Wien

040057 UK Quantitative Macroeconomics: Methods and Applications (2013W)

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Friday 04.10. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 07.10. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 11.10. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 14.10. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 18.10. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 21.10. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 25.10. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 28.10. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 04.11. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 08.11. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 11.11. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 15.11. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 18.11. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 22.11. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 25.11. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 29.11. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 02.12. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 06.12. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 09.12. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 13.12. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 16.12. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 10.01. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 13.01. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 17.01. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 20.01. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 24.01. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 27.01. 08:00 - 10:00 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 31.01. 12:00 - 14:00 Hörsaal 10 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

This course will be on methods and applications in quantitative macroeconomics: that is, the tools to set up, solve, analyze and simulate Dynamic Stochastic General Equilibrium (DSGE) Models, applied to some of the workshorse models from several fields in macroeconomics (Real Business Cycle Theory, New Keynesian Macro, Open Economy Macroeconomics, Labor Search and Matching, Macroeconomics with Financial Frictions)
The course will be very applied: students need to do the actual solving, analyzing, simulating, etc. on the computer (in Matlab)

This is a course for advanced MA students (PhD students are welcome). Solid MA level knowledge of dynamic Macroeconomics is a prerequisite. No programming experience required.

Assessment and permitted materials

Evaluation will be on 2 problem sets (each 20%), active participation in classe (10%) and a term paper/ paper replication project (50%).

Minimum requirements and assessment criteria

Examination topics

- ( Log-)linearization of nonlinear systems of equations
- Math related to solving linear rational expectations systems of difference equations
- User friendly 'packages' to solve, analyze and simulate DSGE models with 1st or 2nd order perturbation methods: Schmitt-Grohe and Uribe package, Dynare, (Uhlig toolkit)
- (selective nonlinear solution methods: if time permits)
- (Bayesian estimation of DSGE models: if time permits)

Models/ Applications:
- Basic Real Business Cycle models
- basic New Keynesian model
- Small Open Economy/ Two-Country models
- basic Search and Matching models
- Macro models with financial frictions

Reading list

https://sites.google.com/site/katrinrabitsch/teaching

Association in the course directory

Last modified: Mo 07.09.2020 15:28