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ECON8860: Advanced Macro, Fall 2016 (PhD)

Brief Description:

This course consists of two parts.  The first part introduces tools for solving and estimating linearized, full-information, dynamic stochastic general equilibrium (DSGE) models. Students will develop tools in matlab to solve and estimate medium-scale DSGE models using several approaches. Part two of the course explores alternatives to the full-information, rational expectations paradigm. Students will write a final paper which incorporates at least one of these alternatives.



Course Syllabus:
Linked here. The syllabus includes an updated list of readings.




Office Hours: 
Wednesdays: 9:00am to 10:30am
Please sign up here for office hours!


Problem Sets:
Problem Set 1          Solutions 
Problem Set 2          Solutions 
Problem Set 3          Solutions 
Problem Set 4          Solutions 


Other Resources:
Solving the linearized RBC model with a stochastic trend, example code.  
A second version of the same model, using matlab to output a non-symbolic file for fast evaluation.
A third version of the same model, though with stationary productivity, solved using value function iteration.