040110 KU Macroeconomics and Inequality (MA) (2020W)
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 14.09.2020 09:00 to We 23.09.2020 12:00
- Registration is open from Mo 28.09.2020 09:00 to We 30.09.2020 12:00
- Deregistration possible until Sa 31.10.2020 12:00
Details
max. 18 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
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.
Thursday
01.10.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
06.10.
15:00 - 16:30
Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
08.10.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
13.10.
15:00 - 16:30
Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday
15.10.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
20.10.
15:00 - 16:30
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
22.10.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
27.10.
15:00 - 16:30
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
29.10.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
03.11.
15:00 - 16:30
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
05.11.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
10.11.
15:00 - 16:30
Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Thursday
12.11.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
17.11.
15:00 - 16:30
PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Thursday
19.11.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
24.11.
15:00 - 16:30
PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Thursday
26.11.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
01.12.
15:00 - 16:30
PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Thursday
03.12.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Thursday
10.12.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
15.12.
15:00 - 16:30
PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Thursday
17.12.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
12.01.
15:00 - 16:30
PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Thursday
14.01.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
19.01.
15:00 - 16:30
PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Thursday
21.01.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Tuesday
26.01.
15:00 - 16:30
PC-Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Untergeschoß
Thursday
28.01.
16:45 - 18:15
Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
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 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.
(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.
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
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.
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.
Association in the course directory
Last modified: Tu 15.06.2021 13:27