Professor(s) |
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Objetives |
This course introduces the techniques of modern quantitative macroeconomics to study economies with (a) household heterogeneity, with a special focus on the life cycle dimension, and/or firm heterogeneity, with a special focus on firm dynamics. One important aspect of the course is the emphasis on learning how to solve these economies in the computer. To this end, there is a sequence of problem sets that will guide you through the steps to solve the canonical models of Aiyagari (1994) and Huggett (1996) for the household heterogeneity part, and Hopenhayn and Rogerson (1993) for the firm heterogeneity part. |
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Module / Term |
Module II: Elective Courses (54 ECTS) / Term 3 (18 ECTS) |
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Course details |
UIMP code 102668 / 6 ECTS / Elective |
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Hours |
TBA |
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Evaluation Criteria |
Exercises, presentations and exams |
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Course page |
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Syllabus |
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