Ab 2. November 2020 findet das Herbstsemester 2020 online statt. Ausnahmen: Veranstaltungen, die nur mit Präsenz vor Ort durchführbar sind.
Bitte beachten Sie die per E-Mail kommunizierten Informationen der Dozierenden.

364-0559-00L  Dynamic Macroeconomics (Doctoral Course)

SemesterHerbstsemester 2018
DozierendeH. Gersbach
Periodizitätjährlich wiederkehrende Veranstaltung
LehrspracheEnglisch


KurzbeschreibungDynamic models and workhorses in macroeconomics
LernzielIn this doctoral course, we learn dynamic general equilibrium theory and the basic workhorses in macroeconomics. After the course the participants will be able to speak the Arrow-Debreu and recursive language and apply the frameworks to interesting issues in Growth, Public Finance, Monetary Theory and Banking.
Inhalt1. Introduction
2. The Arrow-Debreu Approach and Sequential Markets
3. The Neoclassical Growth Model and the Representative Agent Model
4. Mathematical Background
5. Frictions and Banking
5.1 Overview
5.2 Banks in Macroeconomic Models
5.3 Ramsey cum Banks: General Equilibrium with Banks and Outside Equity
6. Overlapping Generations Models and Models with Heterogenous Agents
7. Debates
7.1 Theory of Piketty
7.2 High Bank Equity Requirements