Timothy J. Kehoe

Economics 8105

Macroeconomic Theory

Fall 2012

Syllabus

Problem Set #1

Where did Ponzi Schemes Get their Name?

Notes on Equilibrium and Pareto Efficiency

Problem Set #2

Midterm Exam

Midterm Exam Answer Key

Problem Set #3

Notes on Balanced Growth Paths

Growth Accounting Notes

Growth Accounting Data

MS Excel Worksheet with Data for Growth Accounting for the United States

Notes on Using MS Excel to do Growth Accounting

Problem Set #4

MS Excel Worksheet for Solving Dynamic Programming Problems with Value Function Iteration

Another MS Excel Worksheet for Solving Dynamic Programming Problems with Value Function Iteration

Problem Set #5

Notes on General Equilibrium with Time and Uncertainty

Notes on Unemployment and Search

Notes on Economic Growth and Structural Reforms

Final Exam

Some papers:

R. Bergoeing, P. J. Kehoe, T. J. Kehoe, and R. Soto, "Decades Lost and Found: Chile and Mexico in the 1980s and 1990s," Review of Economic Dynamics, 5 (2002), 166-205.

J. C. Conesa, T. J. Kehoe, and K. J. Ruhl, "Modeling Great Depressions:  The Depression in Finland in the 1990s," Federal Reserve Bank of Minneapolis Quarterly Review, 31:1 (2007), 16–44. 

T. J. Kehoe, "Intertemporal General Equilibrium Models," in F. H. Hahn, editor, The Economics of Missing Markets, Information, and Games, Oxford University Press, 1989, 363-93.

T. J. Kehoe and E. C. Prescott, "Great Depressions of the Twentieth Century," Review of Economic Dynamics, 5 (2002), 1-18.

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