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Economics 398 Winter 2013 Schedule |
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Week I |
Mon, Jan 7 |
Summers: Great Moderation |
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Wed, Jan 9 |
Krugman: How did economists get it so wrong |
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Fri, Jan 11 |
Krugman (continued): Beauty vs Truth, Fresh vs Salt |
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Week II |
Mon, Jan 14 |
Solow growth model |
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Wed, Jan 16 |
Solow extension growth accounting |
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Fri, Jan 18 |
Solow extension 2 growth accounting |
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Week III |
Mon, Jan 21 |
Gordon: Gordon faltering growth [pdf] |
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Wed, Jan 23 |
Demographics: Guinnane historical fertility transition [pdf]; Dividend: Lee & Mason [sakai] |
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Fri, Jan 25 |
no class (Board Meeting in NYC) | ||
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Week IV |
Mon, Jan 28 |
Data: macro regressions |
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Wed, Jan 30 |
Stationarity & VARs: Smitka Macroeconometrics Primer and other readings |
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Fri, Feb 1 |
project topic presentations |
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Week V |
Mon, Feb 4 |
Multiplier Gordon Krenn multipliers |
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Wed, Feb 6 |
Multiplier JEL fiscal policy Ramey |
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Fri, Feb 8 |
Multiplier IMF Multiplier Corsetti et al |
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Week VI |
Mon, Feb 11 |
Overlapping Generations pay-go |
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Wed, Feb 13 |
Samuelson and a modern version |
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Fri, Feb 15 |
Social Security pay-go today |
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Spring Break Mon Feb 18th – Fri Feb 22nd |
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Week VII |
Mon, Feb 25 |
Debt and Deficits IMF WEO |
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Wed, Feb 27 |
Japanese debt Broda & Weinstein IMF Article IV, Section VII: Fiscal Challenges Facing the U.S. State and Local Governments (pp 59-67) and Section VIII: Budget Institutions for Federal Fiscal Consolidation (pp 68-76) |
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Fri, Mar 1 |
US debt Fair paper |
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Week VIII |
Mon, Mar 4 |
Friedman expectations & MP |
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Wed, Mar 6 |
Rational expectations Smitka handout |
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Fri, Mar 8 |
Science, Society and the Arts | ||
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Week IX |
Mon, Mar 11 |
Fujiwara et al DSGE Round I |
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Wed, Mar 13 |
Fair & Villaverde empirical macro models |
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Fri, Mar 15 |
Snow – no class (well, 2 people in class). |
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Week X |
Mon, Mar 18 |
Fehr et al. Is China Taking Us to Lunch? DSGE model See Sakai for three sets of formal comments on the paper. |
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Wed, Mar 20 |
Fehr continued … or Is China Eating our Dinner? |
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Fri, Mar 22 |
NO CLASS at Business History Conference in Columbus was Kitchen Chinn US sustainability |
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Week XI |
Mon, Mar 25 |
Discussion of Term Projects Draft due at 5 pm (in place of Fehr paper) |
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Wed, Mar 27 |
Kitchen Chinn US sustainability moved from Fri 22 Mar |
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Fri, Mar 29 |
Vroey modern macro history moved from earlier / replacing Mankiw |
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Week XII |
Mon, Apr 1 |
Paper Presentations |
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Wed, Apr 3 |
Paper Presentations |
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Fri, Apr 5 |
US economy and macroeconomics |
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