NATIONAL BUREAU OF
ECONOMIC RESEARCH, INC. |
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SUMMER INSTITUTE
2011 |
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Methods Lectures: Computational Tools &
Macroeconomic Applications |
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Lecturers: Lawrence Christiano
and Jesus Fernandez-Villaverde |
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July 21 - 22, 2011 |
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Royal Sonesta Hotel |
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Ballroom A |
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40 Edwin H. Land
Boulevard |
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Cambridge,
Massachusetts |
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PROGRAM |
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Thursday, July 21: |
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8:15
am |
Coffee
and Pastries |
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8:45
am |
Lawrence Christiano,
Northwestern University and NBER |
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Introduction: Perturbation and
projection methods for solving DSGE models.(Slides) |
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10:15 am |
Break |
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10:45 am |
Lawrence
Christiano, Northwestern University and NBER |
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Applications: Indeterminacy and
sunspots.(Slides) |
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12:15
pm |
Lunch
(Ballroom B) |
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1:30
pm |
Lawrence
Christiano, Northwestern University and NBER |
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Applications: Financial frictions.(Slides) |
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3:00
pm |
Break |
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3:30
pm |
Lawrence
Christiano, Northwestern University and NBER |
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5:00
pm |
Adjourn |
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Friday, July 22: |
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8:15
am |
Coffee
and Pastries |
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8:45
am |
Jesus Fernandez-Villaverde,
University of Pennsylvania and NBER |
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Why Non Linear/Non-Gausian DSGE Models? Recursive preferences, stochastic
volatility, large shocks.(Slides) |
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10:15 am |
Break |
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10:45 am |
Jesus
Fernandez-Villaverde, University of Pennsylvania
and NBER |
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Perturbation theory I (Slides) |
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12:15
pm |
Lunch
(Ballroom B) |
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1:30
pm |
Jesus
Fernandez-Villaverde, University of Pennsylvania
and NBER |
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Perturbation theory II. Projection methods.(Slides) |
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3:00
pm |
Break |
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3:30
pm |
Jesus
Fernandez-Villaverde, University of Pennsylvania
and NBER |
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5:00
pm |
Adjourn |