ECON 607 Macroeconomic Theory II

Notes from Macroeconomic Theory II at the University of Michigan with Professors Leahy and Ottonello.

Labor market

Leahy

Notes

Topics: Macroeconomics, Complete Markets, Endowment Economies, Arrow–Debreu Securities, Arrow Securities, Incomplete Markets, Huggett, Real Business-Cycle Models.

Ottonello

Notes

Topics: Perturbation Methods, RBC Models, Balanced Growth Requirements, DMP Search, Shimer’s Search Model, Simple Directed Search, New Keynesian Phillips Curve.

Handouts and programs