364-0559-00L Dynamic Macroeconomics (Doctoral Course)
Semester | Autumn Semester 2018 |
Lecturers | H. Gersbach |
Periodicity | yearly recurring course |
Language of instruction | English |
Courses
Number | Title | Hours | Lecturers | ||||
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364-0559-00 V | Dynamic Macroeconomics (Doctoral Course)
![]() Permission from lecturers required for all students.
Starting time: 8:30 h. If you have any questions, please contact Florian Böser at fboeser@ethz.ch | 2 hrs |
| H. Gersbach |
Catalogue data
Abstract | Dynamic models and workhorses in macroeconomics |
Objective | In this doctoral course, we learn dynamic general equilibrium theory and the basic workhorses in macroeconomics. After the course the participants will be able to speak the Arrow-Debreu and recursive language and apply the frameworks to interesting issues in Growth, Public Finance, Monetary Theory and Banking. |
Content | 1. Introduction 2. The Arrow-Debreu Approach and Sequential Markets 3. The Neoclassical Growth Model and the Representative Agent Model 4. Mathematical Background 5. Frictions and Banking 5.1 Overview 5.2 Banks in Macroeconomic Models 5.3 Ramsey cum Banks: General Equilibrium with Banks and Outside Equity 6. Overlapping Generations Models and Models with Heterogenous Agents 7. Debates 7.1 Theory of Piketty 7.2 High Bank Equity Requirements |
Performance assessment
Performance assessment information (valid until the course unit is held again) | |
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ECTS credits | 3 credits |
Examiners | H. Gersbach |
Type | end-of-semester examination |
Language of examination | English |
Repetition | The performance assessment is only offered at the end after the course unit. Repetition only possible after re-enrolling. |
Learning materials
No public learning materials available. | |
Only public learning materials are listed. |
Groups
No information on groups available. |
Restrictions
General | ![]() Permission from lecturers required for all students |
Offered in
Programme | Section | Type | |
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Doctoral Department of Management, Technology, and Economics | Doctoral Studies in Economics | W | ![]() |