Macroeconomic Theory, Economics 504b.1, Spring 2017

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Contact Information

Chris Sims

Syllabus

Course Materials

FTPL in an OG model
Notes on a model with money and fiscal policy
Pitfalls of linear approximation
Notes on stochastic Lagrange multipliers and transversality
Lagged expectations in constraints
Nominal debt as contingent debt
Exercise due Thursday, April 20
R package for linearizing discrete time models
matlab code for solving linearized discrete time models
R and matlab code for solving linearized continuous time models
The R package can be installed as a local package with install.packages(). See the documentation for that command. The R programs for continuous time are not packaged and must be loaded with the source() command.
Answers to final exam problem 1

Link to last previous version of course