Computational & Empirical Methods for Dynamic Economics

  • Syllabus (2015)
  • Friedman’s (1953) Methodology paper
Lecture Handouts
  • Lecture 1: Introduction
  • Lecture 2: Balanced Growth, Preferences and Technology
  • Lecture 3: Utility Functions; 3 Key Parameters in Macro
  • Lecture 4: Dynamic Programming; Introduction and Basic Algorithms
  • Lecture 5: Function Interpolation
  • Lecture 6: Integration
  • Lecture 7: Misc. Tools
  • Lecture 8: Optimization

To be added:

  • Lecture 9:  GE with Heterogeneity 1 (Krusell-Smith and variants)
  • Lecture 10: GE with Heterogeneity 2 (Bells and Whistles)
  • Lecture 11: Calibrating/Estimating Structural Models: Simulation-based Estimation; Indirect Inference
  • Lecture 12: Higher-Order Moments in Data and in Models: A Primer
  • Lecture 13: Policy analysis, Welfare, Impulse responses, and various decompositions