اقتصاد کلان پیشرفته

Advanced Macroeconomics

هدف کلی

هدف کلی این این درس فراگیری موضوعات زیر است:

مدل ‌ های کارگزار نمونه، چرخه ‌ های تجاری حقیقی، سیاست مالی، سیاست پولی، اقتصاد کلان باز، بیکاری و رشد اقتصادی پیشرفته.

سرفصل‏‌ها

بهینه سازی پویا

مدل نسل های همپوشان

چرخه‌های تجاری حقیقی

بازار دارایی

بازار نیروی کار

پول

بیکاری، چرخه‌های تجاری و قیمت‌گذاری دارایی‌ها

اقتصاد کلان بین‌الملل

مراجع

AC, Ch. 2,3,5

* Krusell, Ch2,3,4,5

Harris, M. Dynamic Economic Analysis, Oxford Univ. Press, 1987. Ch1,2

Intriligator, M. Mathematical Optimization and Economic Theory, Prentice Hall, 1971. Ch. 13.

LS, Ch. 2,3,4

Sargent, T. Dynamic Macroeconomic Theory, Cambridge, Mass.: Harvard University Press, 1987. Ch. 1., Appendix

* Stokey, N. and Robert E. Lucas, Recursive Methods in Economic Dynamics, Cambridge, Mass.: Harvard University Press, 1989. Ch 2,5,10

 Azariadis, Ch. 7,13.

 BF Ch. 2

 Brock, W. and L. Mirman, "Optimal Economic Growth and Uncertainty: The Discounted Case," Journal of Economic Theory, 4 (1972), 479-513.

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Koopmans, T. "On The Concept of Optimal Economic Growth," in The Econometric Approach to Development Planning, North Holland, 1965.

Solow, R. "A Contribution to the Theory of Economic Growth," Quarterly Journal of Economics, 70 (1956), 65-94.

* Krusell, Ch 6

SL, Chp 8

Azariadis, Ch. 7,9,11,12,13

BF Ch. 3,4,5

Barro, R. "Are Government Bonds Net Wealth?" Journal of Political Economy, 82 (1974), 1095-1117.

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LS, Ch. 8.

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Hansen, Prescott, "Malthus to Solow", AER, 2002, September (Impact of Land in growth, simple two period OLG model, technology with Land, two sector model, competitive equilibrium)

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Lucas, R. (1976) “Econometric Policy Evaluation: A Critique", Carnegie-Rochester Conference on Public Policy, vol. 1.

* Kydland, F. and E. Prescott (1990) “Business Cycles: Real Facts and a Monetary Myth", Federal Reserve Bank of Minneapolis Quarterly Review, Vol. 14, No. 2 pp. 2-18.

McCandless, G. and W. Weber (1995) “Some Monetary Facts", Federal Reserve Bank of Minneapolis Quarterly Review, Vol. 19, No. 3 pp.2-11.

* Prescott, "Theory Ahead of Real Business Measurement" 1987

D. Krueger, Quantitative Macroeconomics: An Introduction, 2007

Christiano, L. (2002), “Solving Dynamic Equilibrium Models by a Method of Undetermined Coefficients", Computational Economics, Vol. 20, p. 21-55.

Uribe, M,,Schmitt-Grohe, "Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function , Journal of Economic Dynamics and Control,  vol. 28, January 2004, pp. 755-775. [ Matlab Code .] 

* Cooley, T. and E. Prescott (1995) “Economic Growth and Business Cycles", in Frontiers of Business Cycle Research, Princeton: Princeton University Press. (Chp. 1)

Kydland, F. and E. Prescott (1982) “Time to Build and Aggregate Fluctuations", Econometrica, Vol. 50, pp. 1345-70.

Lucas, "Macroeconomic Priorities" AER, 2003

Krusell, Mukuyama, Smith, Sahin, "Revisiting the welfare effects of eliminating business cycles ", 2009, RED

* Hansen, G. (1985) “Indivisible Labor and the Business Cycle", Journal of Monetary Economics, Vol. 16, pp. 309-27. 

Schmitt-Grohé, S. and Uribe, M. (2012), What's News in Business Cycles. Econometrica, 80: 2733–2764.

Angeletos, G.-M. and La'O, J. (2013), Sentiments. Econometrica, 81: 739–779.