Matthias Kredler's Homepage

Teaching

Past courses, past reading groups


Master in Economics: Macro II (Spring 2019)

All material for this course can be found on Aula Global.


M.A.E. (Ph.D.) Macro II (Spring 2019)

Syllabus, midterm exam (with solutions),
HW1, HW2, HW3, HW4, HW5, HW6, HW7, HW8, HW9, HW10, HW11 (due: 26 Apr)


Ph.D.: Macro Reading Group (Spring 2018)

Guidelines
We meet on Tuesdays, 18.00-19.15h, this semester (Room 15.1.41).

Presentations:

Date Presenter Paper title (+ link to presentation slides) Author(s) Year
29-Jan-2019 María Bru Heterogeneous Borrowers in Quantitative Models of Sovereign Default Hatchondo, Martinez & Sapriza 2009
29-Jan-2019 Ana Moreno The Role of Gender in Employment Polarization Cerina, Moro & Rendall 2018
5-Feb-2019 Morteza Ghomi On the Future of Macroeconomic Models Blanchard 2018
5-Feb-2019 Lidia Cruces Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation Vogel, Ludwig & Börsch-Supan 2017
12-Feb-2019 Bilal Sali Money, Search, and Business Cycles Borağan Aruoba 2011
12-Feb-2019 Fernando Riveiro Friends or Foes? The Interrelationship Between Angel and Venture Capital Markets Hellmann & Thiele 2015
26-Feb-2019 Sergio Feijóo Competition and Innovation: An Inverted-U Relationship Aghion, Bloom, Blundell, Griffith & Howitt 2005
26-Feb-2019 Florencia Airaudo Optimal Simple and Implementable Monetary and Fiscal Rules Schmitt-Grohe & Uribe 2007
5-Mar-2019 Isabel Micó Fiscal Consolidation with Tax Evasion and Corruption Pappa, Sajedi & Vella 2015
5-Mar-2019 Morteza Ghomi The Impact of Consumer Credit Access on Unemployment Herkenhoff 2018
12-Mar-2019 Javier Rodríguez Own Research (13.00h-14.15h, Room 15.1.03) -- --
26-Mar-2019 Onursal Bağırgan Global Games: Theory and Applications Morris & Shin 2003
2-Apr-2019 Fernando Riveiro Adverse Selection in Competitive Search Equilibrium Guerrieri, Shimer & Wright 2010
9-Apr-2019 Rubén Veiga Rethinking Optimal Currency Areas Chari, Dovis & Kehoe 2019
23-Apr-2019 Bilal Sali The Neo-Fisher Effect: Econometric Evidence from Empirical and Optimizing Models Uribe 2018

Reading lists: 29-Jan-2019, 5-Feb-2019, 12-Feb-2019, 26-Feb-2019, 5-Mar-2019, 12-Mar-2019, 26-Mar-2019, 2-Apr-2019, 9-Apr-2019, 23-Apr-2019


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.



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