Macroeconomics

The course time is 9:00 am - 12:00 am on the course day. (UTC+08:00)

We will meet via Tencent Conference, and the conference number is 680 6481 8622.

Recording Notes (under construction…)

The tentative schedule is as follows:

  • June 29

    • General equilibrium + Kaldor Stylized Facts + Uzawa Theorem

    • Acemoglu's introduction to modern growth ch1-ch3

    • C.jones's stylized fact description of the United States and the United Kingdom

    • A brief description of the general equilibrium, reference: MWG

  • June 30

    • Micro summation and simple structural changes

      • Input-output, gabaix and farhi

      • structural changes

  • July 2

    • Endogenous savings rate and dynamic optimization

      • Dynamic optimization: acemoglu ch5, ch6, the first three chapters of daniel

  • July 5

    • Dynamic optimization of daniel's hjb and viscosity solution

  • July 7

    • Dynamic optimization problems of representative individuals and representative firms (lucas tree, Tobin's Q and Ramsey economy) acemoglu ch8

  • July 12

    • Human capital model, acemoglu's human capital and the corresponding part in labor economics

  • July 14

    • AK model and endogenous growth determination, simple general equilibrium analysis of D-S model

    • change of melitz model (acemoglu ch10, derivation and change of Dixit)

  • July 16

    • Endogenous growth: Parallel expansion model, Perla's endogenous growth, optimal stopping time and inventory adjustment problems

  • July 19

    • Endogenous growth Schumpeter's quality ladder model, 2020wp by liu ernest

  • July 21

    • Dynamic model with endogenous labor supply and heterogeneous individuals, own notes

  • July 23

    • Stochastic optimization: continuous time markov process, corresponding hjb equation, ch4-ch5, and ch7 of nancy stokey's Economy of Inaction

  • July 26

    • Stochastic optimization: discrete time and value function method

    • RBC model: ch9-11 from Nancy’s Economy of Inaction

  • July 28

    • Stochastic Tobin's Q: optimal asset structure, optimal bankruptcy point, optimal asset structure for asset pricing, ch12-ch13 of Economy of Inaction

  • July 30

    • EK model review. Endogenous technology diffusion under EK

      • Lucas's 2014 paper

      • Hansberg's endogenous enterprise level

  • August 2

    • Unemployment and preliminary AI model

      • DMP

      • Acemoglu's AI model

  • August 4

    • Lucas's two papers and critiques

      • micro-summing on the production side

      • private information on the residents side, own notes

  • August 6

    • Nk model, discrete time version gali

  • August 9

    • Optimal Monetary Policy and the Trap of Zero Interest Rate, Gali's textbook, and woodfor's paper

  • August 11

    • Continuous time nk model, own notes

  • August 14

    • Nk model tank model, own notes

  • August 16

    • Dynamic Immigration Model 1, own notes

  • August 18

    • Dynamic Immigration Model 2, own notes

  • August 20

    • Industrial Migration and Immigration Model, own notes