View Notes – MacroTheory Krueger from ECONOMICS at University of Technology, Sydney. Macroeconomic Theory Dirk Krueger1 Department of. Someone in a thread I read here today referred to Krueger’s macro lecture notes. I’ve googled, but haven’t found them anywhere. Does anyone where to get a. Econ is the first course in the macro PhD sequence. Its objective This is a pure theory Dirk Krueger’s Macroeconomic Theory manuscript ( version).

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Sample macroeconoomic from my Penn training: Review of Economic Dynamics 2, — In this course, most if not all of the material will be studied from the strict theoretical point of view and the emphasis is on economic rigor.

The second one analyzes the case of an economy in which agents have finite lives overlapping genera-tions models. Journal article to be supplied. The course will develop the key models and techniques in use in modern macroeconomics.

Coursedescription – GRA

On the optimal progressivity of the income tax code. Furthermore, this course is not a survey of topics in macroeconomics: There are firk lecture notes on the web which better cover the material and the ones by Kruger, and by Krusell will be used as the primary references.


Why Is It a Puzzle? Infinite horizon models of economic growth Endogenous growth theory, an introduction Technological progress, the “embodiment controversy” and mzcroeconomic Schumpeterian models of economic growth and fluctuations.

Several applications of the macroecohomic are discussed covering recent trends in income inequality in the US and in Europe, the life cycle pattern of consumption, the cyclical behavior of aggregate hours and employment, the wealth concentration and the role of public policies such as the tax code and the pension system.

The objective is not to give a review of known results of a specific topic but rather to give an example of how to use modern macroeconomic tools to tackle questions.

Advanced Macroeconomics II : Growth, Dynamics and Policy

But these are not required. International Economic Review, 45 2: The following topics will be covered: Lars Ljungqvist and Thomas J. Not a Bad Idea after All!

Taxation of Heterogeneous Households. Solving the Stochastic growth model through value function Iteration.


Capital and Labor Taxation. The models will be used to study growth theory, business cycles, certain components of aggregate demand, and monetary and fiscal policies. Thursdays, pm or by appointment at GE Economies with Heterogenous Agents: Review of Economic Studies, 79 1: Tuesdays, 11am-noon at GE Tutorials: Evidence and Theory “,Theody.

Nature of I diosyncratic Income Risk. Lucas Tree, Equity Premium Puzzle. As the course progresses, you will also be assigned journal articles to read.

On rkueger welfare effects of eliminating business cycles. The treatment of the economic problems is rigorous and the students will be required to master the numerical methods which are utilized to solve the models presented in class.

Advanced Macroeconomics II : Growth, Dynamics and Policy

Taxation and Household Labor Supply. Economies with Household Default and Unsecured Credit. Storesletten and Violante, G.