Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Answers Problem Set # 9 Problem 2 Consider a version of the environment studied by Stokey (1989) that was taught in class.
Econ 387L: Macro II Spring 2006, University of Texas Instructor: Dean Corbae Problem Set #7- Question I Due 3/10/06, II Due 3/21/06 I. Consider the following version of the Lucas asset pricing model.
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Labor Market Matching Models
The Hansen lotteries model is not a great framework to understand persistent equilibrium unemployment (the lottery is iid). The seminal work to understand equilibrium
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Problem Set #4 Answers - Due 2/14/08 Using matlab, you are to obtain decision rules by the method of undetermined coefficie
Econ 387L: Macro II Spring 2006, University of Texas Instructor: Dean Corbae Problem Set #9- Part I Due 4/4/06, Part II Due 4/7/06 I. The first problem introduces you to dynamic programming in a finit
Econ 387L: Macro II Spring 2006, University of Texas Instructor: Dean Corbae Problem Set #2- Due 1/31/06 You are to update the impulse response functions for real output and unemployment from Blanchar
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Problem Set #9 - Due 4/10/08
Consider a version of the environment studied by Stokey (1989) that was taught in class. Let
Macro II: Answers to OG Practice Questions
February 20, 2008
Question 1 Consider an overlapping generations model in which agents live two periods. In period 1, they are endowed with e > 0 units of
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Problem Set #3- Due 2/5/08 Using matlab, you are to obtain decision rules by the method of undetermined coefficients sugges
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Problem Set #9 - Due 4/10/08
Consider a version of the environment studied by Stokey (1989) that was taught in class. Let
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Answers Problem Set # 9 Problem 2 Consider a version of the environment studied by Stokey (1989) that was taught in class.
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Problem Set #8- Due 4/3/08 This question comes from 5.1 (The One-Sector Model of Optimal Growth) of Stokey and Lucas (1989)
Econ 387L: Macro II Spring 2006, University of Texas Instructor: Dean Corbae Problem Set #8- Due 3/28/06 I. This question explores the equivalence between time 0 Arrow-Debreu forward markets and Arrow
Econ 387L: Macro II Spring 2006, University of Texas Instructor: Dean Corbae Problem Set #8- Due 3/28/06 I. This question explores the equivalence between time 0 Arrow-Debreu forward markets and Arrow
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Answers Problem Set # 7 Part 1: (1) V1 (k1 , z1 ) = maxu (z1 f (k1 ) + (1 - ) k1 - k2 )
k2
Note that, since u0 > 0, k2 (s
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Answers Problem Set #6 Consider the following version of the Lucas asset pricing model. Preferences are given by U (ct ) =
Econ 387L: Macro II Spring 2006, University of Texas Instructor: Dean Corbae Problem Set #10 - Part I Due 4/11/06, Part II Due 4/14/06 I. A firm has a production technology yt = F (kt , kt+1 ) where F
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Problem Set #6- Due 3/20/08 Consider the following version of the Lucas asset pricing model. Preferences are given by U (ct
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Problem Set #10- Due 4/17/08 I. Consider an economy populated by a largen number of identical people who live from period 0
Econ 387L: MacroII Spring 2008, University of Texas at Austin Instructor : Dean Corbae
Problem Set 10 Solution
1. t Nt + qt Bt+1 + t Bt = Bt + Gt 2. The Household's problem is to solve:
T X t=0
(
Econ 387L: Macro II Spring 2006, University of Texas Instructor: Dean Corbae Problem Set #11- Due 4/18/06 I. Consider an economy populated by a largen number of identical people who live from period 0
Solving Dynamic Equilibrium Models by a Method of Undetermined Coefficients
Macroeconomics II - Spring 2006 Department of Economics, University of Texas Instructor Dean Corbae Composed by Jeff Thurk1
Solving Dynamic Equilibrium Models by a Method of Undetermined Coefficients
Macroeconomics II - Spring 2006 Department of Economics, University of Texas Instructor Dean Corbae Composed by Jeff Thurk1
Economics 387L. Macroeconomics II. Spring 2008. Department of Economics, University of Texas Professor: Dean Corbae, Office: BRB 3.134A, Phone: 512-475-8530 Email: [email protected], web: www.eco.
Economics 387L. Macroeconomics II. Spring 2006. Department of Economics, University of Texas Professor: Dean Corbae, Office: BRB 3.134A, Phone: 512-475-8530 Email: [email protected], web: www.eco.
Econ 387L: Macro II Spring 2008, University of Texas Instructor: Dean Corbae Problem Set #12- Due 5/1/08 1. Consider the following search model of money. Time is discrete and there is a continuum of a
Econ 387L: MacroII Spring 2008, University of Texas at Austin Instructor : Dean Corbae
Solutions to Problem Set #13, April 29, 2008 1. Consider the following search model of money. Time is discrete a
Rational Expectations Equilibria in the OG Model with Production
Russell Cooper October 25, 2006
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Stochastic Money Transfers
Consider the overlapping generations model presented in class. The key
Econ 387L: Macro II Spring 2006, University of Texas Instructor: Dean Corbae Problem Set #12- Due 4/25/06 We will consider a cash-in-advance environment to study "Unpleasant Monetarist Arithmetic". Th
Econ 387L: Macro II Spring 2005, University of Texas Instructor: Dean Corbae Midterm Exam Solution 1. Consider the following version of a Lucas asset pricing model. There are two kinds of assets. The