Lectures

  1. Week 1. Friday February 17th.

  2. Week 2. Friday February 24th.

  3. Week 3. Friday March 3rd.

  4. Week 4. Wednesday March 8th.

  5. Week 5. Wednesday March 15th.

Here is a link to the Matlab Codes for Lecture 4.

Updated links to 2023 readings can be found as they appear in the lectures. The following links were created in 2020.

Links to Readings

  1. Spear, Stephen E. and Warren Young. Overlapping Generations.

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

  3. Farmer, Roger E. A. The Macroeconomics of Self-Fulling Prophecies. Chapter 6. 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, “Monetary and Fiscal Policy when People Have Finite Lives” [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]