ECON 607: Macroeconomic Theory II

Table of Contents

Materials for Macroeconomic Theory II, ECON 607, with Professors John Leahy and Pablo Ottonello.

Leahy

  • ECON 607 Leahy notes
    • Macroeconomics
    • Complete Markets
    • Endowment Economies
    • Arrow–Debreu Securities
    • Arrow Securities
    • Incomplete Markets
    • Huggett
    • Real Business-Cycle Models

Ottonello

Notes

  • ECON 607 Ottonello notes
    • Perturbation Methods
    • RBC Models with Complete–Markets Notation
    • Balanced Growth Requirements
    • DMP Search
    • Shimer’s Search Model
    • Simple Directed Search
    • New Keynesian Phillips Curve

Handouts and computer programs

  • Handout on balancing materials
  • Handout on Shimer’s planner problem
  • MATLAB program used to generate the comparison of exact and perturbation solutions for the choice of consumption. The program requires the MATLAB program gx_hx.m, available from Stephanie Schmitt–Grohe and Martin Uribe’s MATLAB toolbox for first-order-accurate approximations.