Matthias Kredler's Homepage

Teaching

Past courses, past reading groups


M.A.E. (Ph.D.) Macro II (Spring 2020)

Syllabus, Lecture notes (LN) 1, LN2, LN3: Continuous-Time Dynamic Programming
HW1, HW2, HW3, HW4, HW5, HW6,
HW7 (due: Wed, 25-Mar-2020, 23:59h, hand in via Aula Global)

Ph.D.: Macro Reading Group (Spring 2020)

Guidelines
This semester, we meet on Wednesdays, 17.45-19.00h (Aula 17.0.32). From 18-Mar until the end of the semester, meetings are taking place online on Blackboard Collaborate.

Presentations:

Date Presenter Paper title (+ link to presentation slides) Author(s) Year
5-Feb-2020 Sergio Feijóo Heterogeneous Markups, Growth and Endogenous Misallocation Peters 2019
13-Feb-2020 Petteri Juvonen Centralized Wage Bargaining in a New-Keynesian Model Own Research --
26-Feb-2020 Lidia Cruces Female Labour Market Outcomes and the Impact of Maternity Leave Policies Low & Sánchez-Marcos 2015
4-Mar-2020 Florencia Airaudo Slow Moving Debt Crises Lorenzoni & Werning 2019
18-Mar-2020 Fernando Riveiro The Finance Uncertainty Multiplier Alfaro, Bloom & Lin 2019
25-Mar-2020 Álvaro Salazar Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops Farhi & Tirole 2018
1-Apr-2020 Javier Rodríguez The Macroeconomics of Epidemics Eichenbaum, Rebelo & Trabandt 2020
15-Apr-2020 Lidia Cruces The Economic Consequences of Family Policies: Lessons from a Century of Legislation in High-Income Countries Olivetti & Petrolongo 2017
22-Apr-2020 Florencia Airaudo Financial Crisis, the Trend, and the Cycle Own Research (with Hernán Seoane) 2020
29-Apr-2020 Rubén Veiga Lifetime Job Instability Own Research (with Ismael Gálvez) 2020
13-May-2020 Javier Rodríguez Child Subsidies and Pensions Own Research (with Lidia Cruces) 2020
20-May-2020 Isabel Micó Government Spending and Wage Inequality Own Research 2020
3-Jun-2020 Fernando Riveiro The Venture Capital Market: Project Implementation and Contracting Own Research 2020

Reading lists: 5-Feb-2020, 13-Feb-2020, 26-Feb-2020, 4-Mar-2020, 11-Mar-2020, 25-Mar-2020, 1-Apr-2020, 15-Apr-2020, 22-Apr-2020


Lecture notes on continuous-time methods

The following lecture notes are meant to provide a first intuitive introduction to continuous-time methods. Consult the standard textbooks (Karatzas & Shreve, Øksendahl) if you are looking for more.

Lecture notes Homework
Deterministic control: Hamilton-Jacobi-Bellman equation (HJBs) etc. HJB HW
Stochastic differential equations (SDEs), the Ito Rule and HJBs HW on Ito Rule,
HW on SDEs and partial differential equations (PDEs)
Kolmogorov Forward Equation Forward HW
Numerical techniques: the trinomial grid no homework
Tricks for exit times, exit probabilities, and densities (with an explanation of Green Functions) exercises included in notes

For numerical methods, also see the computational appendix to Altruistically-Motivated Transfers under Uncertainty (with Daniel Barczyk) on my research website.



CV Research Other Work Teaching