Final Exam: 260B Open Economy Macroeconomics
Prof. Bergin, Fall 2010
Instructions: Answer all three questions; all three carry equal point values.
Question 1: International Risk Sharing
Consider a soc
Professor Bergin, fall 2013
Final Exam Economics 260B
Directions: Answer all 3 questions.
1) Intertemporal current account with endogenous labor supply (20 points)
Consider the following two-period, p
Fall 2014
260B: International Macroeconomics
Professor Paul R. Bergin
class meeting: T, Th 2:10-3:30, SSH 1113
office hours: M 2-4PM, Th 3:50-4:50PM or by appointment, 1141 SSH
The objective of this c
Topic 6: Optimal Monetary Policy and International
Policy Coordination
- Now that we understand how to construct a utility-based
intertemporal open macro model, we can use it to study
the welfare impl
Final Exam: 260B Open Economy Macroeconomics
Prof. Bergin, Fall 2012
Instructions: Answer question 1 and any two of the remaining three questions. If you attempt all
four questions, indicate which thr
11/7/13
Topic 5: Interest Rate Parity & Forward Premium puzzle
Part 1a: Background on interest rate parity conditions
In this lecture we study some puzzles in international
financial markets, regardin
Part 1.
Preliminaries: National Income Accounting and Data
Lets agree on some definitions:
GDP: Gross Domestic Product: Total value of all final
goods and services produced within a countrys borders.
Topic 4: Introduction to Exchange Rates
Part 1: Definitions and empirical regularities
- The models we studied earlier include only real variables
and relative prices. We now extend these models to ha
Lecture 2: International Real Business Cycle Models
Part1: Quantity Puzzle
a) Motivation
Issue: We now expand our study beyond consumption and
the current account, to study a wider range of
macroecono
Updated 10/30/13
Topic 4: Sticky Price Models of Money and Exchange Rate
Part 1: Obstfeld and Rogoff (1995 JPE)
- We want to explain how monetary shocks affect real
variables. The model here will do s
260B: Homework 3
Due in class 10/17/13
Consider a small open economy with production and investment (I) in physical capital (K). Assume
there is one world consumption good, there is no depreciation in
260B: Homework 2
Due in class 10/10/13
Intertemporal Current Account Model
This problem set asks you to work through the omitted details of the intertemporal Current
Account problem discussed in class
260B: Homework 1
Due in class 10/3/13
Two-period open economy model
Consider the two-period endowment economy discussed in class, but augment it to allow for a
government budget deficit. Let T represe
Fall 2013
260B: International Macroeconomics
Professor Paul R. Bergin
University of California, Davis
class meeting: T, Th 10:30-11:50AM, SSH 1113
office hours: T, Th, 1:30-3:00PM or by appointment, 1