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Assignments

Part I - Prof. Guido Lorenzoni

ASSIGNMENTS TOPICS REFERENCES FILES
Problem set 1

Stochastic growth model

Wealth effects in a model with habit formation

 Christiano, Lawrence, Cosmin Ilut, Roberto Motto, and Massimo Rostagno. "Monetary Policy and Stock Market Boom-Bust Cycles." European Central Bank Working Paper No. 955, October 2008. (This resource may not render correctly in a screen reader.PDF - 1.6MB)

(This resource may not render correctly in a screen reader.PDF)

q1_461.m (M)
Problem set 2 Imperfect information on technology

Angeletos, George-Marios, and Jennifer La'O. "Noisy Business Cycles." Mimeograph, Department of Economics, Massachusetts Institute of Technology, November 2009. Also available as National Bureau of Economic Research Working Paper No. 14982, May 2009.

Buy at Amazon Woodford, Michael. "Imperfect Common Knowledge and the Effects of Monetary Policy." Chapter 1 in Knowledge, Information, and Expectations in Modern Macroeconomics: In Honor of Edmund S. Phelps. Edited by Philippe Aghion, Roman Frydman, Joseph Stiglitz, and Michael Woodford. Princeton, NJ: Princeton University Press, 2003, pp. 25-58. ISBN: 9780691094854.

(This resource may not render correctly in a screen reader.PDF)

woodford.m (M)

Part II - Prof. Veronica Guerrieri

ASSIGNMENTS TOPICS FILES SOLUTIONS
Problem set 3

Wage dispersion

Search model with firms having superior information

 (This resource may not render correctly in a screen reader.PDF) (This resource may not render correctly in a screen reader.PDF)
Problem set 4

Unemployment, insurance and saving

Money and competitive search

 (This resource may not render correctly in a screen reader.PDF) (This resource may not render correctly in a screen reader.PDF)