040110 KU Macroeconomics and Inequality (MA) (2019W)
Track in Macroeconomic Policy
Continuous assessment of course work
Labels
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).
- Registration is open from Mo 16.09.2019 09:00 to Mo 23.09.2019 12:00
- Registration is open from Th 26.09.2019 09:00 to Fr 27.09.2019 12:00
- Deregistration possible until Mo 14.10.2019 12:00
Details
max. 50 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
- Thursday 03.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 04.10. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
- Thursday 10.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 11.10. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
- Thursday 17.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 18.10. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
- Thursday 24.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 25.10. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
- Thursday 31.10. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Thursday 07.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 08.11. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
- Thursday 14.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 15.11. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
- Thursday 21.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 22.11. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
- Thursday 28.11. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 29.11. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
- Thursday 05.12. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 06.12. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
- Thursday 12.12. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 13.12. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
- Thursday 09.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 10.01. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
- Thursday 16.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 17.01. 11:30 - 13:00 PC-Seminarraum 2 Oskar-Morgenstern-Platz 1 1.Untergeschoß
- Thursday 23.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 24.01. 11:30 - 13:00 PC-Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Untergeschoß
- Thursday 30.01. 16:45 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
- Friday 31.01. 11:30 - 13:00 PC-Seminarraum 3 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Information
Aims, contents and method of the course
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.
Assessment and permitted materials
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.
(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.
Minimum requirements and assessment criteria
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.
Examination topics
Reading list
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.
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.
Association in the course directory
Last modified: We 16.06.2021 00:20