This material is no longer actively maintained. Notes and programs may contain typos or more
serious mistakes. Use at your own risk.

316-406 *Advanced Macroeconomic Techniques* (4th year/Masters/PhD) Semester 2, 2004.

Syllabus

Note 1a: Solow model

Note 1b: Linear differential and difference equations

Note 1c: Linearizations

Note 2a: Optimal growth model

Note 2b: Systems of difference equations

Note 3a: Dynamic programming and the growth model

Note 4a: Stochastic difference equations

Note 4b: Markov chains

Note 4c: Computations and simulations for Markov chains

Note 5a: Stochastic growth model

Note 5b: Stochastic dynamic programming

Note 5c: Numerical dynamic programming

Note 6a: Consumption-based asset pricing

Note 6b: Equity premium puzzle

Note 7a: Incomplete markets

Note 7b: Aiyagari's model

Matlab introduction

Markov Simulations

Markov Chain Example

Stochastic GDP Growth Example

Uhlig's *solve.m*

Uhlig's *options.m*

Dynamic Programming Example

Problem Set 'Zero': Solutions,Matlab Code

Problem Set #1: Solutions, Matlab Code

Problem Set #2: Solutions, Matlab Code

Problem Set #3: Solutions, Matlab Code

Problem Set #4: Solutions, Matlab Code

Problem Set #5:

Midsemester Exam Sample Questions

Midsemester Exam: Solutions

Final Exam Sample Questions: Solutions

Final Exam: Solutions

Other courses:

316-466 Monetary Economics (4th year)

316-632 International Monetary Economics (Masters/PhD)