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
Understanding National Accounts
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 Unemployment and Search
Final Exam
Important dates
Thursday, 11 September: Problem Set #1 due.
Thursday, 18 September: Problem Set #2 due.
Thursday, 25 September: Midterm Exam.
Thursday, 2 October: Problem Set #3 due.
Thursday, 9 October: Problem Set #4 due.
Thursday, 16 October: Final Exam
Tuesday, 21 October: Problem Set #5 due.
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.