June 24-26, 2024 in Frankfurt, Germany
Location: Goethe Universität Casino Gebäude, Norbert-Wollheim-Platz, 60323 Frankfurt am Main
Class plan
before Monday
online
Warm-up
Standard incomplete markets model, part I:
– Slides / Notebook
– Introduction (11 min)
– Discretizing Assets and Income (21 min)
– Backward Iterations and Policy Functions (40 min)
– Forward Iterations and Distributions (21 min)
– Aggregation, Applications, Expectations (41 min)
Monday, June 24
9:00 – 10:00
10:15 – 11:15
11:30 – 12:30
12:30 – 14:00
14:00 – 15:00
15:15 – 16:15
19:00
Methods and fiscal policy
Standard incomplete markets model, part II
[slides for parts II and III] [notebook]
Standard incomplete markets model, part III
Canonical HANK model
[slides] [handout]
– Lunch break –
Fiscal policy in the canonical HANK model
[slides] [handout]
Tutorial: Fiscal policy analysis
[notebook without blanks] [notebook with blanks]
Meet at Euro Fan-Zone, Mainufer
Tuesday, June 25
9:00 – 10:00
10:15 – 11:15
11:30 – 12:30
12:30 – 14:00
14:00 – 15:00
15:15 – 16:15
Monetary policy, estimation, and portfolios
Monetary policy in the canonical HANK model
[slides] [handout]
Monetary policy topics
[slides] [handout]
Tutorial: monetary policy analysis
[notebook without blanks] [notebook with blanks]
– Lunch break –
Estimating the canonical HANK model
[slides] [notebook]
Endogenous portfolios and risk premia
[slides] [notebook]
Wednesday, June 26
9:00 – 10:00
10:15 – 11:15
11:30 – 12:30
12:30 – 14:00
14:00 – 15:00
15:15
Sequence Space Macro Project 