Quantitative Methods in Macroeconomics

PhD Course, Fall 2003
Martin Flodén

News

Class on Thursday, October 16, is cancelled.
Final assignment (individual) due Monday, October 27, 13.00 pm.
Assignment 5: DenHaan's Homework 2, exercises (a) and (b). Due Wednesday, October 15.
Assignment 4 at end of lecture notes 5.
No class on Thursday September 25.
Assignment 2 (at the end of lecture notes 2) is due on Monday September 15.
Class on September 11 is cancelled.
Assignment 1 (at the end of lecture notes 1) is due on Monday September 8.
New schedule. Wouter den Haan's mini course starts on Monday October 6.
The first class is on Monday September 1, 10.15 - 12.00 in room 350.

Assignment 1
1.a. Miranda & Fackler 2.2	exercise_1_a.m
2.a. Equation solver	eqn_solve.m
2.e. CD utility, Gaussian quadrature	solve_cd_gauss.m foc_cd_gauss.m
2.f. Separable utility	solve_sepU.m foc_sepU.m

Assignment 2
6.a-c. Transistion after new g.	transition.m eval_foc.m

Assignment 3
2-3. RBC model (uses grad.m, hessian.m, and hpfilter.m from Example 3).	rbc_ql.m func_r.m simulate.m
5. Coconut model with Markov process for income.	coconut_markov.m

Assignment 4.1
Interpolation	assignment4_1.m interpolate.m

Assignment 4.2
Deaton (1991) with iid income and collocation method	deaton.m euler.m

Assignment 5
a. Analytical solution of Brock Mirman model	solution5a.pdf
b. Solution with PEA method	BrockMirman.m EulerRHS.m

Example 1: Two-period model with Cobb-Douglas utility, Monte Carlo integration (see lecture notes1)
solve_cd.m
foc_cd.m

Example 2: Transition to new steady state after permanent increase in labor productivity (see lecture notes 2)
transition.m
eval_foc.m

Example 3: RBC model, linear-quadratic solution (see lecture notes 3)
rbc_ql.m	main program
func_r.m	evaluates utility as a function of states and decisions
grad.m	numerical gradient
hessian.m	numerical hessian
hpfilter.m	hpfilter: use this when simulating the model

Example 4: Solve simple coconut model (see lecture notes 4)
coconut.m

Example 5: Algorithm to approximate AR(1) process with Markov chain, following Tauchen (1986)
tauchen.m

Example 6: Part of code for Assignment 4.2 - 4.3
deaton_iid_shell.m
deaton_ar1_shell.m