This course will focus on fundamental tools of modern macroeconomic analysis. Specifically, recursive methods and their uses in stochastic applied general equilibrium theory. These uses include applications of both life-cycle and infinite horizon frameworks to savings and consumption, economic growth, fluctuations, and financial markets. Intended for Ph.D. students.
This course will focus on fundamental tools of modern macroeconomic analysis. Specifically, recursive methods and their uses in stochastic applied general equilibrium theory. These uses include applications of both life-cycle and infinite horizon frameworks to savings and consumption, economic growth, fluctuations, and financial markets. Intended for Ph.D. students.
