| Georgetown University Time: 12:00pm - 12:50pm, Tuesday or Friday (unless noted otherwise) Place: 550 ICC (Intercultural Center) Bldg |
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| SPRING 2009 | |
| Organizers: Jinhui Bai and Carlos Urrutia | |
| January 16 | Heterogeneity and Approximate Aggregation: (Presenter: Jinhui Bai) Krusell and Smith, 1998, Income and Wealth Heterogeneity in Macroeconomy, Journal of Political Economy, 106(5), 867-896. slides |
| February 3 | A perturbation Method to solve heterogeneous-agent economy: (Presenter: Yuki Ikeda) Preston, B. and M. Roca, 2007, Incomplete Markets, Heterogeneity and Macroeconomic Dynamics, NBER Working Paper 13260 slides |
| February 10 | A projection Method to solve heterogeneous-agent economy: (Presenter: David Amdur) Den Haan, Wouter and Pontus Rendahl, 2008, Solving Incomplete Markets Model with Aggregate Uncertainty using Explicit Aggregation, Working paper slides |
| February 24 | Default in General Equilibrium: (Presenter: Masaki Higurashi) Chatterjee, S. Corbae, D., M. Nakajima, V. Rios-Rull, 2007, A Quantitative Theory of Unsecured Consumer Credit with Risk of Default, Econometrica, Vol. 75, (2007), p. 1525-1589 slides |
| March 17 | Time-Consistent Policy: (Presenter: Alejandro Badel) Klein, Paul, Per Krusell and Victor Rios-Rull, 2008, Time-Consistent Public Policy, Review of Economic Studies, 75, 789-808. slides |
| March 31 | Dynamic Political Economy: (Presenter: Natasha Che) Krusell, Per and Victor Rios-Rull, 1999, On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model, American Economic Review, 1999, 1156-1181. slides |