课程简介
14.462 is the second semester of the second-year Ph.D. macroeconomics sequence.
The course is intended to introduce the students, not only to particular areas of current research, but also to some very useful analytical tools. It covers a selection of topics that varies from year to year. Recent topics include:
Growth and Fluctuations Heterogeneity and Incomplete Markets Optimal Fiscal Policy Time Inconsistency Reputation Coordination Games and Macroeconomic Complementarities Information
Lecture Notes
Commitment, Coordination, and Expectation Traps (PDF)
Idiosyncratic Investment (or Entrepreneurial) Risk in a Neoclassical Growth Model (PDF)
Self Insurance and Risk Taking (PDF)
Complementarities and Coordination (PDF)
Morris-Shin and Global Games (PDF)
Aiyagari and Krusell-Smith (PDF)
Assignments
Problem Set 1 (PDF)                                 (PDF)
Problem Sets 2 (PDF)
Also see 2003 set (PDF)                            (PDF)
Also see 2003 set solution (PDF)
Problem Set 3 (PDF)                                 (PDF)
Problem Set 4 (PDF)                                 (PDF)
Problem Set 5 (PDF)                                 (PDF)
Problem Set 6 (PDF)                                 (PDF)
Exams
Midterm Exam (PDF)
Midterm Exam Solutions (PDF)