Lecture plan:
1. (PK2) Economic growth (5hrs): Chapters 1, 3, and 4 of IMEG, Chapters 1{8 of
IEG, Chapter 14 of rmt , and Chapter 9 of RMT. The basic growth model and
recursive methods; Chapter 2 and 4.3 of RMT.
2. (PK2) Growth, cont'd.
3. (PK2) Growth, cont'd. Labor markets (4hrs): labor supply (static and dynamic)
and labor demand from Theory Ahead of Business Cycle
Measurement by
Chapter 9 of RMT, and the search-matching model of unemployment from Krusell,
Hornstein, and Violante (2008).
4. (PK2) Labor, cont'd.5. (PK2) Labor, cont'd. Inequality (1hr): Chapter 10 of RMT.
6. (JH) Business cycles. (See Syllabus for John’s part)
7. (JH) Business cycles, cont'd.
8. (JH) Business cycles, cont'd.
9. (JH) Business cycles, cont'd. Asset prices.
10. (JH) Asset prices, cont'd.
11. (PK1) Public finance. Optimal taxation in the growth model. Chari & Kehoe (1998).
12. (PK1) Public finance, cont'd.
13. (PK1) Public finance, cont'd.
14. (PK1) Public finance, cont'd