Links to Required Readings

  1. Farmer, Roger E. A. The Macroeconomics of Self-Fulling Prophecies. Chapter 5. Third edition.

  2. Farmer, Roger E. A. The Macroeconomics of Self-Fulling Prophecies. Chapter 6. Third edition.

  3. Farmer, Roger E. A. The Macroeconomics of Self-Fulling Prophecies. Chapter 7. Third edition.

  4. Kehoe, Timothy and David K. Levine. “Comparative Statics and Perfect Foresight in Infinite Horizon Economies”. (Kehoe & Levine, 1985) [link to pdf]. Pages 439 – 452.

  5. Kehoe, Timothy and David K. Levine. “Indeterminacy of Relative Prices in Overlapping Generations Models”. (Kehoe & Levine, 1983) [link to pdf]

  6. Gale, David. “Pure Exchange Equilibria of Dynamic Economic Models”. (Gale, 1973). [link to pdf]

  7. Samuelson, Paul. “An exact consumption loan model of interest with or without the social contrivance of money”.  (Samuelson, 1958). [Link to pdf]

  8. Schmitt-Grohé, Stephanie and Martín Uribe “Solving Dynamic General Equilibrium Models Using a Second- Order Approximation to the Policy Function”, (Schmitt-Grohé-Uribe 2004). [Link to pdf].

  9. Levintal, Oren “Fifth Order Perturbation Solutions to DSGE Models” (Levintal 2017). [Link to pdf]. [Appendix Link here].

  10. Eric Leeper “Equilibria under Active and Passive Fiscal Policies” (Leeper 1991). [Link here].

  11. Cochrane, John on “FTPL and the State of Macroeconomics” Interview with Cloud Yip [Link here]

  12. Farmer, Roger and Pawel Zabczyk, “The Fiscal Theory of the Price Level in Overlapping Generations Models”, (NBER Working Paper 2019) [Update version with Link here]

  13. Blanchard, Olivier, “Debt, Deficits and Finite Horizons”, (Blanchard 1985). [Link here].

  14. Farmer, Roger, “Pricing Assets in a Perpetual Youth Model”, (Farmer 2018). [Link here].

  15. Farmer, Roger, Carine Nourry and Alain Venditti “Debt Deficits and Finite Horizons, the Stochastic Case” (Farmer-Nourry-Venditti 2011), [Link here].

  16. Keynes, John Maynard, The General Theory of Employment Interest and Money, (Keynes 1936). [Link here].

  17. Farmer, Roger E. A. “The Indeterminacy Agenda in Macroeconomics" Oxford Encyclopedia of Economics and Finance (Farmer 2020). [Link here].

  18. Farmer, Roger E. A. “Post-Keynesian Dynamic Stochastic General Equilibrium Theory” European Journal of Economics and Economic Policies: Intervention 2017 (Farmer 2017). [Link here].

  19. Farmer, Roger E. A. “The importance of beliefs in shaping macroeconomic outcomes”, Oxford Review of Economic Policy (Farmer 2020) [Link here]

  20. Phillips, Auban W. “The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1861–1957”, Economica, (Phillips 1958). [Link here].

    Links to Lectures

I will post video lectures here as they become available. This is a work in progress and there are likely to be some mistakes on the first drafts of the slides, some of which are discovered during the lectures. When this happens I will post updated copies of the lecture slides as pdf files at the top of each lecture.

Here is a link to the Matlab Codes for Lecture 7.

Link to Updated Slides for Lecture 1

Lecture 1 Part 1

Lecture 1 Part 2

Link to Updated Slides for Lecture 2

Lecture 2 Part 1

Lecture 2 Part 2

Link to Updated Slides for Lecture 3

Lecture 3 Part 1

Lecture 3 Part 2

Link to Updated Slides for Lecture 4

Lecture 4 Part 1

Lecture 4 Part 2

Link to Updated Slides for Lecture 5

Lecture 5 Part 1

Lecture 5 Part 2

Link to Updated Slides for Lecture 6

Lecture 6 Part 1

Lecture 6 Part 2

Link to Updated Slides for Lecture 7

Lecture 7 Part 1

Lecture 7 Part 2

Link to Updated Slides for Lecture 8

Lecture 8 Part 1

Lecture 8 Part 2

Link to Updated Slides for Lecture 9

Lecture 9 Part 1

Lecture 9 Part 2

Link to Updated Slides for Lecture 10

Lecture 10 Part 1

Lecture 10 Part 2