Matthias Kredler's Homepage

Teaching

Past courses, past reading groups


MA/PhD: Macro II (Spring 2017)

Syllabus
Notes on economic modeling
Definition of the state in dynamic programming
Lecture notes on Euler Equations in stochastic environments
Midterm exam (with solutions)
HW1, HW2, HW3, HW4, HW5, HW6, HW7, HW8 (due: 31 March)


MA/PhD: Macro Reading Group (Spring 2017)

Guidelines
We meet on Wednesdays, 18.30-20.00h (aula 15.0.16).

Presentations:

Date Presenter Paper title (+ link to presentation slides) Author(s) Year
25-Jan-2017 Sergio Feijóo How to Get Started with Research: Presentation & Discussion Varian & others --
25-Jan-2017 Javier Rodríguez Sources of Change in the Life-Cycle Decisions of American Men and Women: 1962-2014 Eckstein, Keane & Lifshitz 2016
1-Feb-2017 Meng Li Fiscal Policy with Heterogeneous Agents Heathcote 2005
1-Feb-2017 Fabrizio Leone Endogenous Technology Adoption and R&D as Sources of Business Cycle Persistence Anzoategui, Comin, Gertler & Martinez 2015
8-Feb-2017 Tomás Martínez The Macroeconomics of Time Allocation Aguiar & Hurst 2016
22-Feb-2017 Onursal Bağırgan The Occurrence of Tax Amnesties: Theory and Evidence Bayer, Oberhofer & Winner 2016
22-Feb-2017 Rubén Veiga Fiscal Unions Farhi & Werning 2017
1-Mar-2017 Salvatore Lo Bello Job Prospects and Pay Gaps: Theory and Evidence on the Gender Gap from U.S. Cities Bidner & Sand 2016
15-Mar-2017 Meng Li Labor Shares and Income Inequality Adams, Karabarbounis & Neiman 2014
15-Mar-2017 Ismael Gálvez The Employment Effect of Reforming a Public Employment Agency Launov & Wälde 2016
22-Mar-2017 -- Research ideas Student presentations --
29-Mar-2017 Fabrizio Leone Multinational Firms, FDI Flows and Imperfect Capital Markets Antràs, Desai & Foley 2008
29-Mar-2017 Sergio Fejóo The Global Decline of the Labor Share Karabarbounis & Neiman 2014

Reading lists: 25-Jan-2017, 1-Feb-2017, 8-Feb-2017, 22-Feb-2017, 1-Mar-2017, 15-Mar-2017, 29-Mar-2017


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 (SEDs), the Ito Rule and HJBs HW on Ito Rule,
HW on SEDs and partial differential equations (PDEs)
Kolmogorov Forward Equation Forward HW
Numerical techniques: the trinomial grid no homework

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